$599,000

580 Plainfield St, Springfield, MA 01107

  • 12 beds |
  • 4 baths |
  • 6,696 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $89/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Turn-key 4-family investment opportunity featuring four oversized 3-bedroom, 1-bath units, each nearly 1,700 sq ft and including a living room, kitchen, and enclosed porch. Some of the recent updates include new flooring, new kitchens, updated bathrooms, and fresh paint. Two units are currently rented to tenants in good standing, and the other two have been freshly renovated and are rent-ready for market-rate tenants. The property generated over $61,000 in gross rental income last year with all four units occupied, and offers strong potential for increased returns. All units have lead certificates, and utilities are separately metered, with tenants paying all except water. The property is professionally managed and includes a paved driveway with off-street parking for two vehicles. A spacious, well-maintained asset offering immediate cash flow and long-term upside. Open House: Sunday, April 13th from 12:00–1:00 PM

Listing Status:
Active
Listing Office:
MP Signature Realty LLC : 781-322-6928
Listing Agent:
Kevin Li : 617-257-3595
MLS ID:
73355699
  • General: Lead Certification AvailableUpgraded CabinetsUpgraded CountertopsBathroom With TubRemodeledLiving RoomKitchen
  • Appliances: RangeRefrigeratorFreezer
  • Basement: Full
  • Flooring: WoodTileVinylHardwood
  • Heating: SteamNatural Gas
  • Fireplace: Fireplaces: 0

This listing courtesy of Kevin Li, MP Signature Realty LLC

Monthly Payment

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

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Location

Schools Nearby

B

Brightwood

471 Plainfield St, Springfield, MA, 01107

Grades PK-5

0.20 miles away

C

Chestnut Academy

355 Plainfield St, Springfield, MA, 01107

Grades 8-8

0.37 miles away

G

Gateway to College at Springfield Technical Community Colleg

1 Armory Sq, Springfield, MA, 01105

Grades 9-12

2.18 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.