Sold
298 Oakland St, Springfield, MA
Springfield · MA 01108
- $520,000
- Price
- 8
- Beds
- 4
- Baths
- 3924
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
4 Units
Lot size:
4,600 Sq.Ft Lot
Price per square foot:
$127 / Sq.Ft
Parking:
4 Off Street Spaces
About this home
Cash-flowing 4-family! A great fit for first-time homebuyers needing a vacant, rent-ready unit or long-term investors focused on steady income. With reliable cash flow, low operating expenses, and clear rent-growth potential, it delivers both immediate return and long-term upside. All four units are spacious 2-bed/1-bath layouts with separate utilities that are the tenants? responsibility. All four units come with lead certificates, and the property is equipped with an alarm system, newer furnaces, newer electrical, dedicated off-street parking, and coin-operated laundry to boost revenue. A strong, stable building in a central location?ready for its next owner to step in and capitalize!
Neighborhood & Transit
298 Oakland St, 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:
- 273 days
- Listing Price:
- $499,000
- Price per Sq.Ft:
- $127
- Tax Assessment:
- $350,900 in 2025
- Taxes:
- $459 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 3,924 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3924
- Flooring
- Unknown
- Lead paint
- None
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 4,600 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 4 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Jessica Mekal
- Listing office
- Lock and Key Realty Inc.
- MLS PIN #
- 73456525
- Disclosure
- The garages located behind the property are separately owned and not included in the sale. There is an easement allowing access to the rear lot via the driveway on the left side of 290 Oakland St. Buyer to perform all due diligence regarding usage and access.