Luxury Residential Group: 298 Oakland St, Springfield, MA

Property Description

Cash-flowing 4-family! A great fit for first-time homebuyers needing a vacant, rent-ready unit or long-term investors focused on steady income. With reliable cash flow, low operating expenses, and clear rent-growth potential, it delivers both immediate return and long-term upside. All four units are spacious 2-bed/1-bath layouts with separate utilities that are the tenants’ responsibility. All four units come with lead certificates, and the property is equipped with an alarm system, newer furnaces, newer electrical, dedicated off-street parking, and coin-operated laundry to boost revenue. A strong, stable building in a central location—ready for its next owner to step in and capitalize!

offered at

$499,000

Listing ID: 73456525
Bedrooms: 8
Full Baths: 4
Living Area: 3,924 sqft 365 m² Convert
Lot Size: 4,600 sqft 427 m² Convert
Acres: 0.11

Additional Details

Type: Multi-Family, 4 Family - 4 Units Up/Down

Zip Code: 01108

Levels: 4

Parking

Garage Capacity: 4

Parking: Paved Drive, Shared Driveway, Off Street

Parking Spaces: 4

Rooms and Dimensions

Total Units: 4

Total Floors: 4

Total Rooms: 16

LRG Boston

(617) 233-5800

298 Oakland St

Springfield, MA