Unit Information
Exceptional investment opportunity at 91 E Park Street! This 17-unit apartment building consists entirely of one-bedroom apartments, offering a desirable and easy-to-manage unit mix with strong rental demand. Currently generating approximately $21,153 in gross monthly income, the property has only one vacant unit, providing immediate upside through lease-up.The consistent unit configuration supports operational efficiency, simplified management, and stable occupancy. Conveniently located minutes from MGM Springfield, downtown Springfield, major highways, public transportation, shopping, and local amenities, the property is well-positioned to attract and retain tenants.Whether you're looking to expand your portfolio or acquire a stabilized multifamily asset with additional income potential, 91 E Park Street presents a strong investment opportunity in Springfield's growing rental market.
- Additional Details
- Status: ACT
- Type: Multi-Family, Multi Family
- Zip Code: 01105
- Levels: 4
- Parking
- Parking: Off Street
- Rooms and Dimensions
- Total Units: 17
- Total Floors: 4
- Total Rooms: 85
- Has Basement: Yes
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$2,150,000
- Listing ID: 73504070
- Bedrooms: 17
- Full Baths: 17
- Living Area: 12,184 sqft Convert
- Lot Size: 4,151 sqft Convert
- Acres: 0.1
View description
Luxury Residential Group
(617) 233-5800
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