BEDS12
BATHS6 full
SQUARE FEET7,188
MLS#73580480
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
Property 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 the rear porch and newly replaced electric meters. Lead compliance certificates are available, and the property is up to date with current city requirements, including fire monitoring and an intercom system. Additional features include a corner lot and paved driveway with off-street parking for two vehicles. First open house Saturday, September 26, from 1:00 PM to 2:30 PM.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.07 Acres
Stories: 5.0
Taxes: $9,355
Year Built: 1912
Feature Descriptions
Building Area Total: 7188
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 47
Dwelling Type: 5-9 Family
Lot Features: Corner Lot
Open Parking Y/N: Yes
Parcel Number: M:43250048 L:0000,2582648
Parking Features: Paved Drive
Parking Total: 2
Rooms Total: 24
Sewer: Public Sewer
Units: 6
Water: Public
Listed By / Shown By
Listed By
Agency Name: MP Signature Realty LLC
Agent Name: Kevin Li
Agency Phone: 781-322-6928
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 2,539.13 per month $1,555.67 Principal & Interest $779.58 Property Tax $203.88 Homeowner's Insurance
228-232 Eastern Ave | MLS# 73580480
This multi-family property located at 228-232 Eastern Ave, Springfield, MA 01109 is currently listed for sale with an asking price of $699,000. Search Springfield real estate on www.masiellogrouprealestate.com today.