$499,000

298 Oakland St, Springfield, MA 01108

  • 8 beds |
  • 4 baths |
  • 3,924 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $127/sqft
  • Property List Date Icon Listed 12 days ago

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!

Listing Status:
Active
Date Added:
November 19, 2025 at 06:00AM
Listing Office:
Lock and Key Realty Inc. : 413-282-8080
Listing Agent:
The Madison Team : 413-231-6828
MLS ID:
73456525
  • Basement: Concrete
  • Fireplace: Fireplaces: 0
  • Parking: Paved DriveShared DrivewayOff Street
  • General: 4Block
  • Originating MLS: MLS Property Information Network
  • County: Hampden
  • Zoning: R2S:09210 P:00592598600
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network

This listing courtesy of The Madison Team, Lock and Key Realty Inc.

Monthly Payment

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

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Location

Schools Nearby

K

Kensington International School

31 Kensington Ave, Springfield, MA, 01108

Grades PK-5

0.15 miles away

F

Forest Park Middle School

46 Oakland St, Springfield, MA, 01108

Grades 6-8

0.50 miles away

L

Liberty Preparatory Academy

37 Alderman St, Springfield, MA, 01108

Grades 10-12

0.38 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.

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