$599,000
580 Plainfield St
Springfield, MA, 01107
Turn-key 4-family investment opportunity featuring four oversized 3-bedroom, 1-bath units, each nearly 1,700 sq ft and including a living room, kitchen, and enclosed porch. Some of the recent updates include new flooring, new kitchens, updated bathrooms, and fresh paint. Two units are currently rented to tenants in good standing, and the other two have been freshly renovated and are rent-ready for market-rate tenants. The property generated over $61,000 in gross rental income last year with all four units occupied, and offers strong potential for increased returns. All units have lead certificates, and utilities are separately metered, with tenants paying all except water. The property is professionally managed and includes a paved driveway with off-street parking for two vehicles. A spacious, well-maintained asset offering immediate cash flow and long-term upside. Open House: Sunday, April 13th from 12:00–1:00 PM
Property Details
Price:
$599,000
MLS #:
73355699
Status:
Active
Beds:
12
Baths:
4
Address:
580 Plainfield St
Type:
Multi Family
Subtype:
4 Family
City:
Springfield
Listed Date:
Apr 7, 2025
State:
MA
Finished Sq Ft:
6,696
Total Sq Ft:
6,696
ZIP:
01107
Lot Size:
6,042 sqft / 0.14 acres (approx)
Year Built:
1925
Units:
4
Schools
Interior
Appliances
Range, Refrigerator, Freezer
Bathrooms
4 Full Bathrooms
Flooring
Wood, Tile, Vinyl, Hardwood
Heating
Steam, Natural Gas
Exterior
Community Features
Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School
Construction Materials
Frame
Exterior Features
Balcony/ Deck
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
2
Roof
Shingle
Financial
Tax Year
2024
Taxes
$6,504
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.
580 Plainfield St
Springfield, MA
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