BEDS11
BATHS4 full
SQUARE FEET4,500
MLS#73514166
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Great investment opportunity! This well-maintained 4-unit building offers 11 bedrooms and strong income potential. There will be one vacant unit at closing! The other units have reliable tenants, so it provides immediate cash flow. Each unit has separate utilities, helping keep owner expenses low. With stable occupancy, solid rental history, and potential for future rent growth, this is an excellent opportunity to secure a high-performing, income-producing asset. Well cared for and consistently maintained, this property presents a turnkey opportunity for both seasoned investors and those looking to grow their portfolio. There is also potential to expand the attic, offering added value and additional possibilities. Conveniently located near local amenities, shopping, dining, and transportation, making it highly attractive for renters.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Window Unit(s)
Heating: Natural Gas
Lot Size: 0.09 Acres
Roof Type: Shingle
Stories: 4.0
Taxes: $6,430
Year Built: 1923
Amenities
Ceiling Fan(s)
Pantry
Bathroom With Tub & Shower
Lead Certification Available
Living Room
Kitchen
Feature Descriptions
Appliances: Range, Refrigerator
Building Area Total: 4500
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University
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: 31
Dwelling Type: 4 Family
Electric: Circuit Breakers
Exterior: Frame
Flooring: Wood, Tile, Vinyl
HeatingY/N: 1
Lot Features: Cleared, Level
Parcel Number: S:08255 P:0056,2594249
Parking Total: 0
Patio And Porch: Porch, Deck - Wood
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Rooms Total: 19
Sewer: Public Sewer
Units: 4
Utilities: for Gas Range, for Electric Range
Water: Public
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty - Western MA
Agent Name: Ashley Jones
Agency Phone: 413-567-8931
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 1,995.58 per month $1,290.61 Principal & Interest $535.83 Property Tax $169.14 Homeowner's Insurance
55-59 Margaret St | MLS# 73514166
This multi-family property located at 55-59 Margaret St, Springfield, MA 01105 is currently listed for sale with an asking price of $579,900. Search Springfield real estate on www.masiellogrouprealestate.com today.