Sold

28 Randall Pl, Springfield, MA

Springfield · MA 01108

$780,000
Price
15
Beds
6
Baths
6384
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1906
Units: 6 Units
Lot size: 7,336 Sq.Ft Lot
Price per square foot: $114 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

Turn-key 6-family investment opportunity with three 3-bedroom and three 2-bedroom units, generating over $102K in annual gross rental income. All units have had recent updates, including vinyl plank flooring, updated bathrooms, fresh paint, and window replacements. Additional recent improvements include a rebuilt exterior porch, new siding, a new fire alarm panel, and an intercom system. One unit was just renovated and is currently vacant, ready for a new market-rate tenant or owner-occupancy. Lead certificates are available for four units. Tenants pay all utilities except water, with each unit having separate electric and gas meters. The property has been professionally managed, and all tenants are in good standing. It also features a paved driveway for two cars and a fenced-in backyard. Strong cash flow with long-term investment potential.

Neighborhood & Transit

28 Randall Pl, Springfield · MA 01108

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
512 days
Listing Price:
$725,000
Price per Sq.Ft:
$114
Tax Assessment:
$501,200 in 2024
Taxes:
$671 / Monthly

Home Facts

Interior Features

Bedrooms
15
Full Bathrooms
6
Half Bathrooms
0
Living Area
6,384 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
6384
Flooring
Unknown
Lead paint
Certified Treated, Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, Individually Metered, Varies per Unit

Exterior Features

Lot Size
7,336 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Kevin Li
Listing office
MP Signature Realty LLC
MLS PIN #
73346714
Disclosure
Buyer to verify all information. One unit is vacant with market rents stated. All tenants are in good standing. All information deemed accurate but not guaranteed.