$735,000
12
Beds
6
Baths
6,500
Living Area
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Property Description
6 Unit Residential Building in Popular Springfield Neighborhood Near Schools, Hospitals & Shops. Easy highway access to I91, I291 @ MA Pike. This building is a turn key revenue generating, income producing property with many improvements including a newer rubber membrane roof, replacement windows and vinyl siding. There is a full parking lot in the rear of the property. Each unit has SEPARATE UTILITIES & LEAD CERTS! Newly installed MONITORED FIRE ALARMS SYSTEM w/ Pull Stations. Rents are currently below market rate (all month to month) creating a BIG UPSIDE for investors. This building also has a VERIZON CELL TOWER on the roof which also generates a healthy income and has a BUYOUT OFFER OF 150K. Whether adding to your portfolio or considering this as your 1st, it is a MUST SEE! Income & Expense Sheet is Attached.
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1909
- Parking Spots: 12
- Property Type: 5-9 Family
- Total Rooms: 24
- Status: Closed
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Additional Details
- Basement: Full
- Lot Features: Level
- Roof: Rubber
- Total Number of Units: 6
- Year Built Source: Public Records
- Foundation: Brick/Mortar
- Road Frontage Type: Public
- SqFt Source: Owner
- Year Built Details: Actual, Renovated Since
- Zoning: B1
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
- Parking Features: Paved Drive, Off Street, Assigned, Driveway
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $811,200
- Taxes: $19,000
- Tax Year: 2025
- Total Rent: $6,100
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Listing information provided courtesy of Lock and Key Realty Inc..
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