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In-PersonVirtual Tour
$ 699,000
Est. payment /mo
Open Sat 1PM-2:30PM
228-232 Eastern Ave Springfield, MA 01109
12 Beds
6 Baths
7,188 SqFt
Open House
Sat Sep 26, 1:00pm - 2:30pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,188 sqft
Price per Sqft $97
MLS Listing ID 73580480
Bedrooms 12
Full Baths 6
Year Built 1912
Annual Tax Amount $9,355
Tax Year 2026
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type 5-9 Family
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.
Location
State MA
County Hampden
Zoning C1
Direction Use GPS
Exterior
Total Parking Spaces 2
Garage No
Building
Lot Description Corner Lot
Story 5
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by MP Signature Realty LLC