$725,000
28 Randall Pl
Springfield, MA, 01108
Turn-key 6-family investment opportunity with three 3-bedroom and three 2-bedroom units, generating over $102K in annual gross rental income. All units have had recent updates, including vinyl plank flooring, updated bathrooms, fresh paint, and window replacements. Additional recent improvements include a rebuilt exterior porch, new siding, a new fire alarm panel, and an intercom system. One unit was just renovated and is currently vacant, ready for a new market-rate tenant or owner-occupancy. Lead certificates are available for four units. Tenants pay all utilities except water, with each unit having separate electric and gas meters. The property has been professionally managed, and all tenants are in good standing. It also features a paved driveway for two cars and a fenced-in backyard. Strong cash flow with long-term investment potential.
Property Details
Price:
$725,000
MLS #:
73346714
Status:
Pending
Beds:
15
Baths:
6
Address:
28 Randall Pl
Type:
Multi Family
Subtype:
5-9 Family
City:
Springfield
Listed Date:
Mar 18, 2025
State:
MA
Finished Sq Ft:
6,384
Total Sq Ft:
6,384
ZIP:
01108
Lot Size:
7,336 sqft / 0.17 acres (approx)
Year Built:
1906
Units:
6
Schools
Interior
Bathrooms
6 Full Bathrooms
Flooring
Tile, Vinyl, Varies, Hardwood
Heating
Electric
Exterior
Construction Materials
Frame
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
2
Roof
Shingle
Financial
Tax Year
2024
Taxes
$8,049
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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Courtesy of MP Signature Realty LLC. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
28 Randall Pl
Springfield, MA
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