Off Market

79 Oak St, Springfield, MA

Springfield · MA 01109

$425,000
Price
5
Beds
4
Baths
2620
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1905
Units: 4 Units
Lot size: 7,623 Sq.Ft Lot
Price per square foot: $162 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

Fantastic investment opportunity in Springfield?s Hill McKnight neighborhood! This well-maintained 4-unit multi-family property delivers strong cash flow with 4600 monthly in current rental income and potential for growth. The layout includes three one-bedroom/one-bath units, and two-bedroom/one-bath unit, all featuring modern appliances, water included in rent, and private entrances. Situated on a generous 7,623 sq. ft. lot, the 2,620 sq. ft. building offers tenants off-street parking, a fenced yard, and city water/sewer services. Recent updates ensure low-maintenance ownership, while its prime location near public transportation, schools (Deberry Elementary, High School of Commerce), parks, and shopping attracts reliable, long-term tenants. Ideal for investors seeking immediate cash flow or portfolio expansion, this turnkey asset combines stability with future appreciation potential in a high-demand rental area. Join our open house on Saturday and Sunday from 11:30pm - 1:30pm.

Neighborhood & Transit

Hill McKnight

79 Oak St, Springfield · MA 01109

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:
614 days
Listing Price:
$425,000
Price per Sq.Ft:
$162
Tax Assessment:
$335,490 in 2024
Taxes:
$413 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
4
Half Bathrooms
0
Living Area
2,620 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2620
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
7,623 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 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
Arpan Tiwari
Listing office
Real Broker MA, LLC
MLS PIN #
73339227
Disclosure
Seller didn