190 Oak St, Springfield, MA

Your first home could also be your first investment! Welcome to 190 Oak Street, a three-unit property in Indian Orchard that lets you combine homeownership with long-term income potential. Perfect front yard for holiday decorating. Unit 2 is vacant, while leases for Units 1 and 3 are expiring soon, giving a new owner the opportunity to select tenants and set market rents as units become available. Units 1 and 2 feature spacious formal living rooms for setting up a TV to watch seasonal sporting games or simply entertaining. The home features wood and tile flooring throughout, dining rooms for family dinners, large eat-in kitchens with rear porch access, two bedrooms with closets, and full bathrooms with windows and tub/shower combinations. Unit 3 offers a combined living and dining area, an eat-in kitchen, and a bathroom with a shower stall. Updates include newer hot water tanks, a newer furnace, updated electrical, and professional basement air sealing and insulation after a Mass Save Home Energy Assessment. This dry basement includes separate washer/dryer connections and storage areas. Two units are lead-treated for Section 8 requirements. Spacious yard for entertainment or enjoying fall gatherings. Great investment for multigenerational or in-law living. Conveniently located near shops, parks, public transportation, Route 20, and the Mass Pike. Live in one unit and put your investment plans into motion!