Introducing a rare investment opportunity in the heart of Springfield, MA—18-24 Coomes Street, a well-maintained 16-unit multifamily property offering strong cash flow and significant long-term value. This property features all three-bedroom, one-bath units, providing a highly desirable layout for tenants and ensuring steady demand in a competitive rental market. Fourteen of the sixteen units have been completely renovated with modern finishes, updated kitchens and bathrooms, new flooring, and fresh paint throughout, creating a turnkey opportunity for investors.Currently grossing over $30,000 per month in rental income, this property is a high-performing asset with upside potential as the remaining two units are brought up to renovated standards. Professionally managed and stabilized, 18-24 Coomes Street is a perfect addition to any portfolio, whether you're a seasoned investor or completing a 1031 exchange. This property also includes 3 parcels.
For sale
Price cut: $100K (9/30)
$2,500,000
18-24 Coomes St, Springfield, MA 01108
48beds
16,000sqft
Est.:
5+ Family - 5+ Units Up/Down
Built in 1915
-- sqft lot
$-- Zestimate®
$156/sqft
$-- HOA
What's special
Modern finishesUpdated kitchens and bathroomsNew flooring
- 33 days |
- 144 |
- 8 |
- Loading
- Loading