Investment opportunity in Springfield! This 10-unit multifamily property offers investors the opportunity to acquire a substantial income-producing asset with additional upside potential. Currently generating strong rental income with opportunities to further improve performance and maximize revenue over time.With 10 units under one roof, this property offers scale and income diversification for an investor looking to expand an existing portfolio or add a larger multifamily asset. Schedule a private showing to tour the property and explore its investment potential.
East Springfield, located between the Connecticut River and the Chicopee city line, is a residential and industrial Springfield neighborhood with river-adjacent parks and a working-rail backdrop. The neighborhood’s character concentrates around the Sumner Avenue and Page Boulevard corridor, where corner markets, longtime eateries, and auto shops line wide, fast-moving streets. Early-20th-century two- and three-family homes mix with compact capes and brick commercial blocks. The Indian Orchard Canal and nearby rail yards add a utilitarian edge to the streetscape. Community touchstones include The Student Prince Cafe & The Fort Restaurant, MGM Springfield, and the Basketball Hall of Fame across the river. Riverfront paths and neighborhood greenspaces shape daily routines.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Total of 20 rooms
Two units on the property (each leased)
Bedrooms
Unit 1 is single level
Unit 2 spans two floors
Bathrooms
10 full bathrooms total
Heating & cooling
One heat zone
No central cooling units listed
Exterior features
Paved, off-street parking area
Public road frontage with paved, publicly maintained road
Lot is approximately 0.27 acre
Rubber roof
Home design
5+ unit multifamily, side-by-side configuration
2 stories total
Parking
10 open parking spaces
Paved driveway and off-street paved parking
Construction
Brick construction
Slab foundation
Built year reported from public records
Utilities
Public water
Public sewer
Electric service listed as common
Electric range provision noted
HOA & community
Not a senior community
Nearby community features include public transportation, shopping, parks, walk/jog trails, medical facility, laundromat, highway access, and public schools
Financial info
Listing status: Active
Electricity and solar
View estimated energy costs and solar savings for this home