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580 Plainfield St, Springfield, MA

Springfield · MA 01107

$600,000
Price
12
Beds
4
Baths
6696
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1925
Units: 4 Units
Lot size: 6,042 Sq.Ft Lot
Price per square foot: $89 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

Turn-key 4-family investment opportunity featuring four oversized 3-bedroom, 1-bath units, each nearly 1,700 sq ft and including a living room, kitchen, and enclosed porch. Recent updates include new flooring, new kitchens, updated bathrooms, and fresh paint. All four units are currently rented to tenants in good standing, generating over $72,000 in annual gross rental income, with strong potential for further increases. All units have lead certificates, and utilities are separately metered, with tenants paying all except water. The property is professionally managed and includes a paved driveway with off-street parking for two vehicles. A spacious, well-maintained asset offering immediate cash flow and long-term upside.

Neighborhood & Transit

580 Plainfield St, Springfield · MA 01107

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:
$599,000
Price per Sq.Ft:
$89
Tax Assessment:
$405,000 in 2024
Taxes:
$542 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
4
Half Bathrooms
0
Living Area
6,696 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
6696
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
110 Volts

Exterior Features

Lot Size
6,042 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
Wood, 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 #
73355699
Disclosure
Buyer to verify all information. Two units are vacant with market rents stated. All tenants are in good standing. All information deemed accurate but not guaranteed.