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$580,000
12
Beds
4
Baths
7,056
Living Area
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Property Description
Excellent investment opportunity in Springfield's Forest Park neighborhood. This four-family property features four spacious 3-bedroom units. Two units are currently occupied, providing immediate rental income, while two vacant units offer the opportunity to increase cash flow at current market rents or accommodate an owner-occupant. Conveniently located near schools, shopping, restaurants, parks, public transportation, and major commuter routes. Whether you're looking to expand your portfolio or live in one unit while collecting rental income from the others, this property offers strong potential. Buyer and buyer's agent to perform due diligence and verify all information.
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Highlights
- Area: Forest Park
- Property Class: Residential Income
- Stories: 4
- Year Built: 1923
- Levels: 4
- Property Type: 4 Family - 4 Units Side by Side
- Total Rooms: 20
- Status: Closed
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Additional Details
- Basement: Unfinished
- Foundation: Brick/Mortar
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R3
- Flooring: Wood
- Lot Features: Other
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Park, Walk/Jog Trails, Laundromat, House of Worship, Public School
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $401,000
- Taxes: $6,288
- Tax Year: 2025
- Total Rent: $7,750
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Berkshire Hathaway HomeServices Verani Realty Methuen.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
