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18-24 Coomes St

springfield, MA 01108

$2,600,000

  • 48 BR
    16 BA
    APPROX. 16,000 SF
  • contract signed

INTERESTED? LET'S CONNECT

Introducing a rare investment opportunity in the heart of Springfield, MA—18-24 Coomes Street, a well-maintained 16-unit multifamily property offering strong cash flow and significant long-term value. This property features all three-bedroom, one-bath units, providing a highly desirable layout for tenants and ensuring steady demand in a competitive rental market. Fourteen of the sixteen units have been completely renovated with modern finishes, updated kitchens and bathrooms, new flooring, and fresh paint throughout, creating a turnkey opportunity for investors.Currently grossing over $30,000 per month in rental income, this property is a high-performing asset with upside potential as the remaining two units are brought up to renovated standards. Professionally managed and stabilized, 18-24 Coomes Street is a perfect addition to any portfolio, whether you're a seasoned investor or completing a 1031 exchange. This property also includes 3 parcels.

Details

16,000 Sq Ft

0.23 Private Acres Exterior Space

Investment

$25,150 Annual Tax

Built in 1915

MLS/Listing ID 73363700

5 Stories

16 Units

Amenities & Features

Shingle

Porch

Parking - Paved

Parking - Off Street

Brick Mortar

Vinyl

Construction - Brick

Community - Public School

Community - House of Worship

Community - Highway Access

Community - Laundromat

Community - Medical Facility

Community - Public Transportation

Listing Courtesy of LOCK AND KEY REALTY INC., ANDREW RODMAN - 413-386-3558

MLSPIN

Source of Data: MLS PROPERTY INFORMATION NETWORK

Interested in 18-24 Coomes St?