$499,000
298 Oakland St
Springfield, MA, 01108
Cash-flowing 4-family! A great fit for first-time homebuyers needing a vacant, rent-ready unit or long-term investors focused on steady income. With reliable cash flow, low operating expenses, and clear rent-growth potential, it delivers both immediate return and long-term upside. All four units are spacious 2-bed/1-bath layouts with separate utilities that are the tenants’ responsibility. All four units come with lead certificates, and the property is equipped with an alarm system, newer furnaces, newer electrical, dedicated off-street parking, and coin-operated laundry to boost revenue. A strong, stable building in a central location—ready for its next owner to step in and capitalize!
Property Details
Price:
$499,000
MLS #:
73456525
Status:
Active Under Contract
Beds:
8
Baths:
4
Address:
298 Oakland St
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
City:
Springfield
Listed Date:
Nov 19, 2025
State:
MA
Finished Sq Ft:
3,924
Total Sq Ft:
3,924
ZIP:
01108
Lot Size:
4,600 sqft / 0.11 acres (approx)
Year Built:
1900
Units:
4
Schools
Interior
Bathrooms
4 Full Bathrooms
Exterior
Community Features
Public Transportation
Parking Features
Paved Drive, Shared Driveway, Off Street
Parking Spots
4
Financial
Tax Year
2025
Taxes
$5,502
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 Lock and Key Realty Inc.. 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.
298 Oakland St
Springfield, MA
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