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233 Main Street Springfield , MA 01151

$5,500

You save 1% of the purchase

10 bed | 7 bath | 5,958sqft | $3,000 est. monthly cost

$549,999

List Price

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Home Information

18 Rooms

10 Bedrooms

7 Bathrooms

15 Parking

Ideal turnkey rental opportunity! Pride of ownership is evident with this spectacular 2 building package consisting of this 7 units (5 residential rentals, 2 commercial store fronts) complex in the heart of Indian Orchard. Impeccably kept 4 family, all 2 BR units - fully rented, structure built in 1988, and has been well taken care of. Mechanicals and roof under 10 years old. Units have both electric and gas heat. Landlord pays water and common area electricity. Tenants have dedicated finished storage units in basement, along with washer/dryer hookups. APO, Rents are under market, and there is an opportunity to create a centralized coin op laundry. On the street front, there are 2 side by side, very visible commercial store fronts with ample off street parking. Upstairs is one residential rental unit that has been turned over in the past 5 years. All long term tenants -- owner manages property.

  • Property type

Multi-family

  • # of Bedrooms

10

  • # of Bathrooms

7

  • # Number of Units

7

  • Year Built

1988

  • Size

5,958

  • Lot Size

12,308

  • HOA

None

  • Basement

Yes

  • Heating

  • Total Parking

15

  • Roof Material

Asphalt/Fiberglass Shingles

  • Flooring

Tile,Vinyl,Wall to Wall Carpet,Laminate