1256-1258 Worcester St Springfield MA 01151 MLS #73314138

1256-1258 Worcester St
Springfield, MA, 01151
$450,000
6 Beds
3 Baths
3,315 SqFt
0.11 Acres
$450,000
1256-1258 Worcester St
Springfield, MA, 01151
Here’s a fantastic opportunity to own a well-maintained, income-producing 3-unit property. The first-floor unit is a spacious, remodeled 3-bedroom, 1-bath with a large kitchen and laundry hookups, providing comfort and convenience for tenants. On the second floor, you’ll find a recently updated 2-bedroom, 1-bath unit with a generous kitchen and laundry hookups. The third-floor unit is a cozy 1-bedroom, 1-bath, perfect for tenants seeking a smaller space. This property has been well cared for, featuring vinyl siding, replacement windows, newer electric circuit breaker panels, and updated wood flooring throughout. The kitchens and bathrooms have all been modernized for added appeal. Each unit has its own separate utilities, making it easy to manage and reducing your overhead costs. Currently, rents are below market value, meaning there’s significant potential for higher rental income. This turn-key property is ready to start generating cash flow immediately. Schedule your showing today!

Property Details

Price:
$450,000
MLS #:
73314138
Status:
Active
Beds:
6
Baths:
3
Address:
1256-1258 Worcester St
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
Indian Orchard
City:
Springfield
Listed Date:
Nov 19, 2024
State:
MA
Finished Sq Ft:
3,315
Total Sq Ft:
3,315
ZIP:
01151
Lot Size:
4,748 sqft / 0.11 acres (approx)
Year Built:
1907
Units:
3

Schools

Interior

Bathrooms
3 Full Bathrooms
Flooring
Wood, Tile, Carpet, Laminate
Heating
Baseboard, Natural Gas, Electric
Laundry Features
Gas Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
Construction Materials
Frame
Parking Features
Paved Drive, Off Street
Parking Spots
4
Roof
Shingle

Financial

Net Operating Income
$23,160
Tax Year
2024
Taxes
$4,561
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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