$599,000 ($89.46 per sqft)

Est. Mortgage $3,068/mo *

Quick Pre-Approval

Open House Schedule

06/01/2025
12:00 PM to 1:30 PM
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580 Plainfield St, Springfield, MA, 01107

580 Plainfield St, Springfield, MA, 01107

20 rooms

12 beds

4 Full baths

1925

6,696 sqft

Turn-key 4-family investment opportunity featuring four oversized 3-bedroom, 1-bath units, each nearly 1,700 sq ft and including a living room, kitchen, and enclosed porch. Some of the recent updates include new flooring, new kitchens, updated bathrooms, and fresh paint. Two units are currently rented to tenants in good standing, and the other two have been freshly renovated and are rent-ready for market-rate tenants. The property generated over $61,000 in gross rental income last year with all four units occupied, and offers strong potential for increased returns. All units have lead certificates, and utilities are separately metered, with tenants paying all except water. The property is professionally managed and includes a paved driveway with off-street parking for two vehicles. A spacious, well-maintained asset offering immediate cash flow and long-term upside. Open House: Sunday, April 13th from 12:00–1:00 PM


Status:

Active

Type:

Multi-family

Units:

4

Zoning:

R1

Heating:

Steam, Natural Gas

Basement:

Full

Levels:

6

Parking:

2-car, Paved Drive, Off Street, Paved

Acreage:

0.14

Est. Taxes:

$6,504

Assessment

$405,000

Construction

Frame

Utilities

for Gas Range

Lot Description:

Corner Lot

Amenities:

Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School

Appliances:

Range, Refrigerator, Freezer

MLS #:

73355699

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

No


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Kevin Li, MP Signature Realty LLC Phone: 781-322-6928