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298 Oakland St

Springfield, MA 01108
$520,000
8 Beds
4 Baths
3,924 Living Area
  • Property Description
    Cash-flowing 4-family! A great fit for first-time homebuyers needing a vacant, rent-ready unit or long-term investors focused on steady income. With reliable cash flow, low operating expenses, and clear rent-growth potential, it delivers both immediate return and long-term upside. All four units are spacious 2-bed/1-bath layouts with separate utilities that are the tenants’ responsibility. All four units come with lead certificates, and the property is equipped with an alarm system, newer furnaces, newer electrical, dedicated off-street parking, and coin-operated laundry to boost revenue. A strong, stable building in a central location—ready for its next owner to step in and capitalize!
  • Highlights
    • Levels: 4
    • Property Class: Residential Income
    • Stories: 4
    • Year Built: 1900
    • Parking Spots: 4
    • Property Type: 4 Family - 4 Units Up/Down
    • Total Rooms: 16
    • Status: Closed
  • Additional Details
    • Basement: Concrete
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: R2
    • Foundation: Block
    • Total Number of Units: 4
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation
    • Parking Features: Paved Drive, Shared Driveway, Off Street
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $350,900
    • Taxes: $5,502
    • Tax Year: 2025
    • Total Rent: $4,100

Location

298 Oakland St, Springfield, MA 01108

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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 eXp Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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