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$ 474,900
Est. payment /mo
Price Dropped by $25K
446 Liberty Street Springfield, MA 01104
6 Beds
5 Baths
6,012 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 6,012 sqft
Price per Sqft $78
MLS Listing ID 73348349
Bedrooms 6
Full Baths 5
Year Built 1902
Annual Tax Amount $5,611
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Attention Investors! Don't miss this rare opportunity to acquire an income-producing 5-unit multifamily property just minutes from Downtown Springfield! With an immediate rental income potential of $80K+ per year, this investment is ready to generate strong returns! This well-maintained property features 5 units, with 1 vacancy, plus another vacancy by mid April 2025—offering the perfect opportunity to place new tenants at market rent. Each unit is individually metered, with tenants responsible for their own utilities—minimizing your expenses and maximizing profitability. The property includes off-street parking in a private lot behind the building, offering added convenience for tenants. Secure this prime investment before it's gone!
Location
State MA
County Hampden
Zoning R3
Direction Near the intersection of Tracy St. and Liberty St
Interior
Interior Features Living Room, Kitchen
Cooling Window Unit(s)
Exterior
Community Features Public Transportation, Park, Medical Facility, Highway Access
Total Parking Spaces 5
Garage No
Building
Lot Description Level
Story 9
Foundation Block
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Lock and Key Realty Inc.
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