580 Plainfield St Active Save Request In-Person Tour Request Virtual Tour
Springfield,MA 01107
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,696 sqft
Price per Sqft $89
MLS Listing ID 73355699
Bedrooms 12
Full Baths 4
Year Built 1925
Annual Tax Amount $6,504
Tax Year 2024
Lot Size 6,098 Sqft
Property Sub-Type 4 Family
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
Location
State MA
County Hampden
Zoning R1
Interior
Heating Steam,Natural Gas
Flooring Wood,Tile,Vinyl,Hardwood
Exterior
Exterior Feature Balcony/Deck
Community Features Public Transportation,Shopping,Park,Medical Facility,Highway Access,Public School
Utilities Available for Gas Range
Roof Type Shingle
Building
Lot Description Corner Lot
Story 6
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public