West Springfield MA Multi Family for Sale
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.09 Acres
- Year built:
- 1895
- Baths:
- 4.00
- MLS#:
- 73306602
ADDITIONAL INFORMATION
OPPORTUNITY is KNOCKING in this meticulously maintained 4-family property, a prime choice for savvy investors or strategic buyers. This versatile property includes three one-bedroom units and one studio, with an exciting opportunity to expand by connecting three attic rooms to the second-floor unit, creating a spacious three plus bedroom unit. Key upgrade include APO: vinyl siding, updated roof, individual metered units, and updated electrical panels—enhance ease of ownership and long-term value. Ideally located near shops, restaurants, schools, bus lines, and major highways, tenants enjoy unmatched convenience and connectivity. With low maintenance requirements and high potential for growth, this property is the perfect addition to your portfolio. Don’t miss the chance to own a turnkey, income-generating asset in a high-demand area w/room to grow the rental income!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 28
- Lot size:
- 0.19 Acres
- Year built:
- 1900
- Baths:
- 9.00
- MLS#:
- 73302774
ADDITIONAL INFORMATION
A rare multi-family package deal consisting of three properties: 993-999, 1009-1011 Main St and 1013-1015 Main St. This offering includes 8 fully-occupied residential units and 1 commercial space. The residential units feature (1) two-family home with 2-bedroom units and (2) three-family homes, each unit boasting 4 bedrooms, along with a commercial space currently used as a church. All properties have been well-maintained, with recent updates to the roof, flooring, and heating systems. This ideal investment property has a strong cap rate with more room for growth as well as long term tenants! All tenants pay for their utilities (gas, heat, hot water, and electricity), while the owner covers water, sewer, and dumpster fees. Off-street parking is also available. With great cash flow and potential for rent increases, this property is ready to generate returns! Don’t miss out on this incredible opportunity!
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West Springfield Real Estate
The median home value in West Springfield, MA is $296,800. This is higher than the county median home value of $280,000. The national median home value is $338,100. The average price of homes sold in West Springfield, MA is $296,800. Approximately 54.93% of West Springfield homes are owned, compared to 42.4% rented, while 2.68% are vacant. West Springfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a West Springfield real estate agent to arrange a tour today!
West Springfield 01089 is more family-centric than the surrounding county with 35.78% of the households containing married families with children. The county average for households married with children is 23.64%.
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