Great investment opportunity! This well-maintained 4-unit building offers 11 bedrooms and strong income potential. Fully occupied with reliable tenants, 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.
- Heating System:
- Natural Gas
- Cooling System:
- Window Unit(s)
- Basement:
- Unfinished
- Appliances:
- Range, Refrigerator
- Construction:
- Frame
- Flooring:
- Tile, Wood, Vinyl
- Sewer:
- Public Sewer
- Water:
- Public
- Electric Feature:
- Circuit Breakers
- Garage Parking
- Interior Features:
- Kitchen, Bathroom With Tub & Shower, Pantry, Ceiling Fan(s), Lead Certification Available, Living Room
- Lead Paint:
- Unknown, Certified Treated
- Road Type:
- Paved
- Rent Fee Includes:
- Unit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
- Area:
- So End Central
- Market Time:
- 7
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $133
- Zoning:
- R3
- No Units:
- 4
- Orig Price:
- $599,999
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Springfield
- State:
- MA
- County:
- Hampden
- Postal Code:
- 01105
- Longitude:
- W73° 24' 56.8''
- Latitude:
- N42° 5' 45.6''
Residential Income
55-59 Margaret St, Springfield, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $599,999
- Bedrooms :
- 11
- Rooms :
- 19
- Total Bathrooms :
- 4
- Full Bathrooms :
- 4
- Square Footage :
- 4,500 Sqft
- Year Built :
- 1923
- Lot Area :
- 0.09 Acre
- Listing ID :
- 73514166
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com