10 Monroe St, Springfield, MA 01109

$420,000
6
BD
2
BA
1,910
SqFt

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List Price
$420,000
Price Change
▼ $10,000 1791410512
Status
PRICE CHANGED
MLS#
73548440
Bedrooms
6
Bathrooms
2
Full Baths
2
Living Area
1,910
Lot Size (Acres)
0.04
Year Built
1910

Property Description

Add a strong income-producing property to your portfolio with this two-family home, currently generating $4,800 in total monthly rental income. Leased tenants are in place, with the second-floor unit scheduled to be vacant at the end of October, offering added flexibility for an owner-occupant or investor looking to secure a new tenant at market rent. The low-maintenance yard helps keep upkeep simple and costs manageable. Looking to maximize your return? There is potential to explore the addition of a third-floor unit, subject to obtaining the necessary city permits, approvals, and meeting applicable building requirements.Whether you're an experienced investor looking to expand your portfolio or just getting started in real estate investing, this property offers current rental income and exciting possibilities for future growth. Don't miss this opportunity to invest in your future!

Additional Information

Taxes
$4,525
Interior Features
Living Room, Kitchen
Lot Description
Level
Water
Public
Sewer
Public Sewer
Elementary School
Per Board Of Ed
Middle School
Per Board Of Ed
High School
Per Board Of Ed

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Nicole Flamand from Listing Office: Real Broker MA, LLC.

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