128 Mill St

springfield, MA 01108

$1,195,000

  • 15 BR
    14 BA
    APPROX. 10,604 SF
  • contract signed

INTERESTED? LET'S CONNECT

Rare investment opportunity in the heart of Springfield! This 14 unit property offers a blend of historic character & modern functionality. The front building, built 1910, features 6 units with timeless charm including original woodwork & decorative fireplaces - plus a large, finished attic unit offering additional rental income potential. Connected at the rear, the 1975-built addition has 8 units, each with tenant paid electric. The property has recently received many updates including a 5 year old high efficiency boiler (owner paid heat/hot water), along with a newer on-demand hot water system. Several units have been recently renovated & the back building has been sub-metered to enhance operational efficiency. There is a large basement with space for on-site office build-out as well. With ample off-street parking and a convenient location near public transportation, employers, and major highways, this is an ideal investment opportunity in a thriving multifamily market!

Details

10,604 Sq Ft

0.46 Private Acres Lot Size

Investment

$15,128 Annual Tax

Built in 1910

MLS/Listing ID 73368742

3 Stories

9 Units

Amenities & Features

Community - Public School

Community - House of Worship

Community - Highway Access

Community - Laundromat

Community - Medical Facility

Community - Walk/Jog Trails

Insulated Windows

Shingle

Parking - Paved

Community - Park

Community - Shopping

Community - Public Transportation

Parking - Off Street

Thermostat

Slab

Brick Mortar

Block

Construction - Frame

Community - University

MLSPIN

Source of Data: MLS PROPERTY INFORMATION NETWORK

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