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413-222-0827
Coldwell Banker Realty
128 Mill St, Springfield, MA 01108
- $1,100,000
- 15
- BD
- 14
- BA
- 10,604
- SqFt
- Sold Price
- $1,100,000
- List Price
- $1,195,000
- Status
- SOLD
- MLS#
- 73368742
- Bedrooms
- 15
- Bathrooms
- 14
- Full Baths
- 14
- Living Area
- 10,604
- Lot Size (Acres)
- 0.46
- Year Built
- 1910
Property Description
Rare investment opportunity in the heart of Springfield! This 14 unit property offers a blend of historic character & modern functionality. The front building, built 1910, features 6 units with timeless charm including original woodwork & decorative fireplaces - plus a large, finished attic unit offering additional rental income potential. Connected at the rear, the 1975-built addition has 8 units, each with tenant paid electric. The property has recently received many updates including a 5 year old high efficiency boiler (owner paid heat/hot water), along with a newer on-demand hot water system. Several units have been recently renovated & the back building has been sub-metered to enhance operational efficiency. There is a large basement with space for on-site office build-out as well. With ample off-street parking and a convenient location near public transportation, employers, and major highways, this is an ideal investment opportunity in a thriving multifamily market!
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Additional Information
- Taxes
- $15,128
- Parking Description
- Paved Drive, Off Street, Paved
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Madeline Ceruti from Listing Office: Century 21 AllPoints Realty.
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