91 E Park St, Springfield, MA, 01105
85 rooms
17 beds
17 Full baths
1930
12,184 sqft
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.
Status:
Active
Type:
Multi-family
Units:
17
Zoning:
C1
Cooling:
None
Basement:
Full
Levels:
4
Parking:
Off Street
Acreage:
0.1
Est. Taxes:
$21,033
Assessment
$1,341,400
Utilities
for Gas Range, Varies per Unit
View Description:
City View(s)
Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
Appliances:
Range, Refrigerator
MLS #:
73504070
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Raquel Medina, Lock and Key Realty Inc.