Unit Information
Introducing a rare investment opportunity in the heart of Springfield, MA—18-24 Coomes Street, a well-maintained 16-unit multifamily property offering strong cash flow and significant long-term value. This property features all three-bedroom, one-bath units, providing a highly desirable layout for tenants and ensuring steady demand in a competitive rental market. Fourteen of the sixteen units have been completely renovated with modern finishes, updated kitchens and bathrooms, new flooring, and fresh paint throughout, creating a turnkey opportunity for investors.Currently grossing over $30,000 per month in rental income, this property is a high-performing asset with upside potential as the remaining two units are brought up to renovated standards. Professionally managed and stabilized, 18-24 Coomes Street is a perfect addition to any portfolio, whether you're a seasoned investor or completing a 1031 exchange. This property also includes 3 parcels.
- Additional Details
- Status: NEW
- Type: Multi-Family, 5+ Family - 5+ Units Up/Down
- Zip Code: 01108
- Levels: 5
- Parking
- Parking: Paved Drive, Off Street, Paved
- Parking Spaces: 10
- Rooms and Dimensions
- Total Units: 16
- Total Floors: 5
- Total Rooms: 80
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$2,600,000
- Status: New
- Listing ID: 73363700
- Bedrooms: 48
- Full Baths: 16
- Living Area: 16,000 sqft Convert
- Lot Size: 10,098 sqft Convert
- Acres: 0.23
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |