18-24 Coomes St
springfield, MA 01108$2,600,000
- 48 BR16 BAAPPROX. 16,000 SF
- contract signed
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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
Source of Data: MLS PROPERTY INFORMATION NETWORK