$1,265,000

128 Mill St, Springfield, MA 01108

  • 15 beds |
  • 14 baths |
  • 10,604 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon0.46acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $119/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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!

Listing Status:
Active
Listing Office:
Century 21 AllPoints Realty : 860-621-8378
Listing Agent:
Madeline Ceruti : 860-559-0978
MLS ID:
73368742
  • Basement: FullWalk-Out Access
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: Thermostat

This listing courtesy of Madeline Ceruti, Century 21 AllPoints Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Milton Bradley School

22 Mulberry St, Springfield, MA, 01105

Grades PK-5

0.68 miles away

S

South End Middle School

36 Margaret St, Springfield, MA, 01105

Grades 6-8

0.52 miles away

L

Liberty Preparatory Academy

37 Alderman St, Springfield, MA, 01108

Grades 10-12

0.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.