BEDS17
BATHS17 full
SQUARE FEET12,184
MLS#73504070
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Exceptional investment opportunity at 91 E Park Street! This 17-unit apartment building consists entirely of one-bedroom apartments, offering a desirable and easy-to-manage unit mix with strong rental demand. Currently generating approximately $21,153 in gross monthly income, the property has only one vacant unit, providing immediate upside through lease-up.The consistent unit configuration supports operational efficiency, simplified management, and stable occupancy. Conveniently located minutes from MGM Springfield, downtown Springfield, major highways, public transportation, shopping, and local amenities, the property is well-positioned to attract and retain tenants.Whether you're looking to expand your portfolio or acquire a stabilized multifamily asset with additional income potential, 91 E Park Street presents a strong investment opportunity in Springfield's growing rental market.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Lot Size: 0.10 Acres
Roof Type: Tar/Gravel
Stories: 4.0
Taxes: $21,033
Year Built: 1930
Amenities
Living Room
Dining Room
Kitchen
Feature Descriptions
Appliances: Range, Refrigerator
Building Area Total: 12184
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, 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: 94
Dwelling Type: 5+ Family - 5+ Units Up/Down
Flooring: Tile, Varies, Hardwood
Parcel Number: S:04320 P:0020,2582628
Parking Features: Off Street
Parking Total: 0
Patio And Porch: Porch
Rent Includes: Unit 2(Heat, Hot Water)
Rooms Total: 85
Sewer: Public Sewer
Special View Info: City View(s)
Units: 17
Utilities: for Gas Range, Varies per Unit
Water: Public
Listed By / Shown By
Listed By
Agency Name: Lock and Key Realty Inc.
Agent Name: Raquel Medina
Agency Phone: 413-282-8080
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 7,013.77 per month $4,651.43 Principal & Interest $1,752.75 Property Tax $609.58 Homeowner's Insurance
91 E Park St | MLS# 73504070
This multi-family property located at 91 E Park St, Springfield, MA 01105 is currently listed for sale with an asking price of $2,090,000. Search Springfield real estate on www.masiellogrouprealestate.com today.