• Main Photo

74 Oak Street
Springfield, MA 01151

$430,000

24 Photos

Listing Details

  • $430,000
  • MLS# 73598432
  • Type Multi Unit - Multiple
  • Status Active
  • 6
    Bedrooms
  • 2 full
    Bathrooms
  • 2,484
    Square Feet
  • 0.193 acres
    Lot Size
  • 1913
    Year Built

Listed By

Agency Name: Lock and Key Realty Inc.
Agent Name: The Colondres Group
Agency Phone: 413-282-8080

agent picture

Shown By

Agent Name: Jake McBride
Agent Phone: (781) 800-3249
Agency Title: Donahue Real Estate Co.

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Home Value Estimate


Description

Investor opportunity in Indian Orchard! This occupied two-family generates $4,100 per month in current rent, or $49,200 annually. The property offers a four-bedroom unit and a two-bedroom unit, giving buyers an established income stream from day one. Tenants pay for heat and electricity; the owner pays for water. A massive walkout basement provides generous storage and potential for future value-add improvements, subject to buyer due diligence and approvals. Convenient to neighborhood shops, restaurants, public transportation, the Indian Orchard Branch Library, Cottage Hill Park and Myrtle Street Park, with access to Route 20, I-291 and the...read more

Features

  • Range
  • Refrigerator
  • Baseboard, Natural Gas
  • 2.0 Stories
  • $5,106 Taxes
  • Public
  • Built in 1913

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