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