704-708 Sumner Avenue
$475,000
4
Beds
2
Baths
5,327
Sqft
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$475,000
4
Beds
2
Baths
5,327
Living Area
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Property Description
Prime Mixed-Use Investment Opportunity! 704-708 Sumner Ave offers a unique opportunity to own a mixed-use property with both commercial and residentialincome potential. The street-level commercial space features excellent frontage, prominent signage, multiple offices, reception and waiting areas, making it idealfor professional, medical, retail, or service-based businesses. Above, residential apartments provide additional income and long-term investment value. Theproperty offers off-street parking, separate utilities, multiple electrical panels, 15 year old roof and a flexible layout suited for owner-occupants and investors alike.Earning $4,700 per month rental income, there is room to increase rents to market rent. Its classic brick exterior provides timeless curb appeal while its high-trafficlocation ensures outstanding visibility. Conveniently located near Forest Park, MGM Springfield, downtown Springfield, & major highways including I-91 & the MATurnpike.
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Highlights
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1920
- Parking Spots: 3
- Property Type: 2 Family - Rooming House
- Total Rooms: 8
- Status: Active
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Additional Details
- Basement: Full, Unfinished
- Interior Features: Living Room, Kitchen
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: B1
- Foundation: Concrete Perimeter
- Lot Features: Level
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $404,900
- Taxes: $6,478
- Tax Year: 2026
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Listing information provided courtesy of eXp Realty LLC.
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