Prime Mixed-Use Investment Opportunity! 704-708 Sumner Ave offers a unique opportunity to own a mixed-use property with both commercial and residentialincome potential. The street-level commercial space features excellent frontage, prominent signage, multiple offices, reception and waiting areas, making it idealfor professional, medical, retail, or service-based businesses. Above, residential apartments provide additional income and long-term investment value. Theproperty offers off-street parking, separate utilities, multiple electrical panels, 15 year old roof and a flexible layout suited for owner-occupants and investors alike.Earning $4,700 per month rental income, there is room to increase rents to market rent. Its classic brick exterior provides timeless curb appeal while its high-trafficlocation ensures outstanding visibility. Conveniently located near Forest Park, MGM Springfield, downtown Springfield, & major highways including I-91 & the MATurnpike.
5,327 Sq Ft
4,791 Sq Ft Lot Size
other
$540 Monthly Tax
Built in 1920
MLS/Listing ID 73529221
2 Stories
2 Units
Living Room
Public Sewer
Public Water
Concrete Perimeter
Lot - Level
Parking - Paved
TOTAL MONTHLY COST
$0
$0
$0