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228-232 Eastern Ave
Springfield, MA 01109

$699,000

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Listing Details

  • $699,000
  • MLS# 73580480
  • Type Multi Unit - Multiple
  • Status Active
  • 12
    Bedrooms
  • 6 full
    Bathrooms
  • 7,188
    Square Feet
  • 0.072 acres
    Lot Size
  • 1912
    Year Built

Listed By

Agency Name: MP Signature Realty LLC
Agent Name: Kevin Li
Agency Phone: 781-322-6928

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


Description

Turn-key 6-family investment opportunity featuring six 2-bedroom units across three floors. Most units have been renovated with updated kitchens, bathrooms, flooring, and finishes. Five units are currently leased with tenants in good standing and current on rent. One first-floor unit was recently turned over and is vacant, providing an opportunity for owner-occupancy or a new market-rate tenant. At full occupancy with current rents in place, the property generates over $94,000 in annual gross rental income. Tenants pay their own electric and gas utilities; owner pays water and sewer. Recent capital improvements include a $33,000 rebuild of...read more

Features

  • 5.0 Stories
  • $9,355 Taxes
  • Public
  • Built in 1912

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