55-59 Margaret St, Springfield, (So End Central), MA, 01105
19 rooms
11 beds
4 Full baths
1923
4,500 sqft
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.
Status:
Active
Town:
Springfield
Type:
Multi-family
Units:
4
Zoning:
R3
Heating:
Natural Gas
Cooling:
Window Unit(s)
Basement:
Unfinished
Levels:
4
Acreage:
0.09
Est. Taxes:
$6,430
Assessment
$386,300
Construction
Frame
Utilities
for Gas Range, for Electric Range
Lot Description:
Cleared, Level
Amenities:
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University
Appliances:
Range, Refrigerator
MLS #:
73514166
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Ashley Jones, Coldwell Banker Realty - Western MA 413-567-8931