580 Plainfield St

springfield, MA 01107

$599,000

  • 12 BR
    4 BA
    APPROX. 6,696 SF

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Turn-key 4-family investment opportunity featuring four oversized 3-bedroom, 1-bath units, each nearly 1,700 sq ft and including a living room, kitchen, and enclosed porch. Some of the recent updates include new flooring, new kitchens, updated bathrooms, and fresh paint. Two units are currently rented to tenants in good standing, and the other two have been freshly renovated and are rent-ready for market-rate tenants. The property generated over $61,000 in gross rental income last year with all four units occupied, and offers strong potential for increased returns. All units have lead certificates, and utilities are separately metered, with tenants paying all except water. The property is professionally managed and includes a paved driveway with off-street parking for two vehicles. A spacious, well-maintained asset offering immediate cash flow and long-term upside. Open House: Sunday, April 13th from 12:00–1:00 PM

Details

6,696 Sq Ft

6,042 Sq Ft Exterior Space

Investment

$6,504 Annual Tax

Built in 1925

MLS/Listing ID 73355699

6 Stories

4 Units

Amenities & Features

Enclosed

Parking - Paved

Living Room

Bathroom with Tub

Upgraded Countertops

Upgraded Cabinets

Lead Certification Available

Freezer

Balcony - Deck

Vinyl

Hardwood

Concrete Perimeter

Heating - Steam

Listing Courtesy of MP SIGNATURE REALTY LLC, KEVIN LI - 617-257-3595

MLSPIN

Source of Data: MLS PROPERTY INFORMATION NETWORK

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