$115,000 ($151.32 per sqft)

Est. Mortgage $589/mo *

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140 Chestnut St, #319, Springfield, MA, 01103

140 Chestnut St, #319, Springfield, MA, 01103
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5 rooms

2 beds

1 Full baths

1910

760 sqft

Investor Alert! Rarely can you purchase a cash-flow-focused condo for under $125,000 in today's market. This investor-friendly property offers no long-term rental restrictions, giving you the flexibility to maximize your investment strategy. Well-suited for Section 8, HomeBASE, and other voucher programs, it provides access to a strong and consistent tenant pool. The HOA includes heat, hot water, Wi-Fi, seasonal A/C, water, trash, and common area maintenance, helping keep operating expenses low and cash flow strong. Ideally located in downtown Springfield near MGM, Union Station, major hospitals, restaurants, and highways, the property benefits from consistent rental demand. Whether you're a first-time investor or an experienced buyer looking to expand your portfolio, this is an affordable opportunity to secure a high-potential, income-producing asset.

Status:

Active

Type:

Condo

Laundry Remarks:

First Floor

Units:

132

Zoning:

B3

Complex:

Kimball Towers

Heating:

Central

Cooling:

Central Air

Basement:

N

Levels:

1

Parking:

Under, Heated Garage, Off Street, Rented

Est. Taxes:

$1,232

Assessment

$78,600

HOA Fee

$726

Utilities

for Electric Range

Amenities:

Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University

Appliances:

Range, Dishwasher, Microwave, Refrigerator

MLS #:

73549986

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Bria Brantley, NextHome Elite Realty 413-391-1969