Unit Information
Rare investment opportunity in the heart of Springfield! This 14 unit property offers a blend of historic character & modern functionality. The front building, built 1910, features 6 units with timeless charm including original woodwork & decorative fireplaces - plus a large, finished attic unit offering additional rental income potential. Connected at the rear, the 1975-built addition has 8 units, each with tenant paid electric. The property has recently received many updates including a 5 year old high efficiency boiler (owner paid heat/hot water), along with a newer on-demand hot water system. Several units have been recently renovated & the back building has been sub-metered to enhance operational efficiency. There is a large basement with space for on-site office build-out as well. With ample off-street parking and a convenient location near public transportation, employers, and major highways, this is an ideal investment opportunity in a thriving multifamily market!
- Additional Details
- Status: ACT
- Type: Multi-Family, 5-9 Family
- Zip Code: 01108
- Levels: 3
- Parking
- Parking: Paved Drive, Off Street, Paved
- Parking Spaces: 14
- Rooms and Dimensions
- Total Units: 9
- Total Floors: 3
- Total Rooms: 45
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$1,300,000
- Listing ID: 73368742
- Bedrooms: 15
- Full Baths: 14
- Living Area: 10,604 sqft Convert
- Lot Size: 20,247 sqft Convert
- Acres: 0.46
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Luxury Residential Group
(617) 233-5800
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