MLS#73528412
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Prime Mixed-Use Investment Opportunity! 704-708 Sumner Ave offers a unique opportunity to own a mixed-use property with both commercial and residential income potential. The street-level commercial space features excellent frontage, prominent signage, multiple offices, reception and waiting areas, making it ideal for professional, medical, retail, or service-based businesses. Above, residential apartments provide additional income and long-term investment value. The property offers off-street parking, separate utilities, multiple electrical panels, 15 year old roof and a flexible layout suited for owner-occupants and investors alike. Earning $4,700 per month rental income, there is room to increase rents to market rent. Its classic brick exterior provides timeless curb appeal while its high-traffic location ensures outstanding visibility. Conveniently located near Forest Park, MGM Springfield, downtown Springfield, & major highways including I-91 & the MA Turnpike.
Property Features
Property Type: Commercial - Business
Taxes: $6,478
Year Built: 1920
Feature Descriptions
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: 1
Rental Term: Monthly
Listed By / Shown By
Listed By
Agency Name: eXp Realty
Agent Name: Maxwell Castrogiovanni
Agency Phone: 888-854-7493
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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704-708 Sumneravenue | MLS# 73528412
This commercial property located at 704-708 Sumneravenue, Springfield, MA 01108 is currently listed for sale with an asking price of $499,900. Search Springfield real estate on www.masiellogrouprealestate.com today.