Exceptional investment opportunity at 91 E Park Street! This 17-unit apartment building consists entirely of one-bedroom apartments, offering a desirable and easy-to-manage unit mix with strong rental demand. Currently generating approximately $21,153 in gross monthly income, the property has only one vacant unit, providing immediate upside through lease-up.The consistent unit configuration supports operational efficiency, simplified management, and stable occupancy. Conveniently located minutes from MGM Springfield, downtown Springfield, major highways, public transportation, shopping, and local amenities, the property is well-positioned to attract and retain tenants.Whether you're looking to expand your portfolio or acquire a stabilized multifamily asset with additional income potential, 91 E Park Street presents a strong investment opportunity in Springfield's growing rental market.
12,184 Sq Ft
4,151 Sq Ft Lot Size
investment
$1,753 Monthly Tax
Built in 1930
MLS/Listing ID 73504070
4 Stories
17 Units
Tile
Community - University
Community - T-Station
Community - Public School
Community - House of Worship
Community - Highway Access
Hardwood
Brick Mortar
Living Room
Dining Room
Range
Refrigerator
Community - Public Transportation
Community - Shopping
Community - Park
Parking - Off Street
Porch
Tar and Gravel Roof
City View
Public Sewer
Public Water
Community - Walk/Jog Trails
Community - Medical Facility
Community - Laundromat
TOTAL MONTHLY COST
$0
$0
$0