Unit Information
Prime Mixed-Use Investment Opportunity! 704-708 Sumner Ave offers a unique opportunity to own a mixed-use property with both commercial and residentialincome potential. The street-level commercial space features excellent frontage, prominent signage, multiple offices, reception and waiting areas, making it idealfor professional, medical, retail, or service-based businesses. Above, residential apartments provide additional income and long-term investment value. Theproperty offers off-street parking, separate utilities, multiple electrical panels, 15 year old roof and a flexible layout suited for owner-occupants and investors alike.Earning $4,700 per month rental income, there is room to increase rents to market rent. Its classic brick exterior provides timeless curb appeal while its high-trafficlocation ensures outstanding visibility. Conveniently located near Forest Park, MGM Springfield, downtown Springfield, & major highways including I-91 & the MATurnpike.
- Additional Details
- Status: NEW
- Type: Multi-Family, Duplex
- Zip Code: 01108
- Levels: 2
- Parking
- Garage Capacity: 3
- Parking: Paved
- Parking Spaces: 3
- Rooms and Dimensions
- Total Units: 2
- Total Floors: 2
- Total Rooms: 8
- Has Basement: Yes
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$499,900
- Status: New
- Listing ID: 73529221
- Bedrooms: 4
- Full Baths: 2
- Living Area: 5,327 sqft Convert
- Lot Size: 4,791 sqft Convert
- Acres: 0.11
View description
Luxury Residential Group
(617) 233-5800
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