Luxury Real Estate Group Boston > Springfield > 74 Oak Street

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

74 Oak Street

Springfield, MA

Property Description

Investor opportunity in Indian Orchard! This occupied two-family generates $4,100 per month in current rent, or $49,200 annually. The property offers a four-bedroom unit and a two-bedroom unit, giving buyers an established income stream from day one. Tenants pay for heat and electricity; the owner pays for water. A massive walkout basement provides generous storage and potential for future value-add improvements, subject to buyer due diligence and approvals. Convenient to neighborhood shops, restaurants, public transportation, the Indian Orchard Branch Library, Cottage Hill Park and Myrtle Street Park, with access to Route 20, I-291 and the Mass Pike. Add an income-producing property with room to explore further potential to your portfolio!

offered at

$430,000

  • Status: New
  • Listing ID: 73598432
  • Bedrooms: 6
  • Full Baths: 2
  • Living Area: 2,484 sqft Convert
  • Lot Size: 8,398 sqft Convert
  • Acres: 0.19

Additional Details

Type: Multi-Family, Duplex

Zip Code: 01151

Levels: 2

Parking

Garage Capacity: 4

Parking: Paved

Parking Spaces: 4

Rooms and Dimensions

Total Units: 2

Total Floors: 2

Total Rooms: 10

Has Basement: Yes

Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

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