120–122 Central Street presents a rare opportunity to acquire a 16-unit asset in a prime Springfield location, just minutes from the Naismith Memorial Basketball Hall of Fame and MGM Springfield. Perfect for a 1031 exchange this property features a strong unit mix of (7) two-bedroom apartments and (9) one-bedroom apartments, catering to a wide tenant base.With gross rents exceeding $22,000 per month, this building offers immediate cash flow and solid investment performance. All 16 units have lead certificates, providing added compliance and peace of mind for ownership.Positioned in a high-demand rental area with close proximity to major attractions, employment centers, and amenities, with a large off street parking lot this is a turnkey opportunity for investors looking to scale their portfolio with a stabilized, income-producing asset.
11,260 Sq Ft
0.27 Acres privados Tamaño del lote
inversión
20.977 US$ Impuesto anual
Creado en 1927
MLS/ID del anuncio 73501818
5 Historias
16 Unidades
Community - Highway Access
Community - House of Worship
Community - Public School
Community - Public Transportation
Construction - Brick
Canalones para lluvia
Madera natural
Vinilo
Brick Mortar
Porche
Estacionamiento - Entrada para vehículos
Parking - Off Street
Parking - Paved
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