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120-122 Central St
Springfield, MA 01105

$2,050,000

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Listing Details

  • $2,050,000
  • MLS# 73501818
  • Type Multi Unit - Multiple
  • Status Active
  • 23
    Bedrooms
  • 16 full
    Bathrooms
  • 11,260
    Square Feet
  • 0.273 acres
    Lot Size
  • 1927
    Year Built

Listed By

Agency Name: Lock and Key Realty Inc.
Agency Phone: 413-282-8080
Agent Name: Andrew Rodman

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Shown By

Agent Name: Kristen Donahue
Agent Phone: (781) 492-8446
Agency Title: Donahue Real Estate Co.

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Home Value Estimate


Description

120??122 Central Street presents a rare opportunity to acquire a 16-unit asset in a prime Springfield location, just minutes from the Naismith Memorial Basketball Hall of Fame and MGM Springfield. Perfect for a 1031 exchange this property features a strong unit mix of (7) two-bedroom apartments and (9) one-bedroom apartments, catering to a wide tenant base.With gross rents exceeding $22,000 per month, this building offers immediate cash flow and solid investment performance. All 16 units have lead certificates, providing added compliance and peace of mind for ownership.Positioned in a high-demand rental area with close proximity to major...read more

Features

  • Wood
  • Vinyl
  • 5.0 Stories
  • $20,977 Taxes
  • Public
  • Built in 1927

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