91 E Park St, Springfield, MA 01105

$2,090,000
17
BD
17
BA
12,184
SqFt

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List Price
$2,090,000
Status
ACTIVE
MLS#
73504070
Price Change
▼ $60,000 1783030942
Year Built
1930
Levels
4
Bedrooms
17
Bathrooms
17
Acres
0.10
Living Area
12,184

Property Description

Exceptional investment opportunity at 91 E Park Street! This 17-unit apartment building consists entirely of one-bedroom apartments, offering a desirable and easy-to-manage unit mix with strong rental demand. Currently generating approximately $21,153 in gross monthly income, the property has only one vacant unit, providing immediate upside through lease-up.The consistent unit configuration supports operational efficiency, simplified management, and stable occupancy. Conveniently located minutes from MGM Springfield, downtown Springfield, major highways, public transportation, shopping, and local amenities, the property is well-positioned to attract and retain tenants.Whether you're looking to expand your portfolio or acquire a stabilized multifamily asset with additional income potential, 91 E Park Street presents a strong investment opportunity in Springfield's growing rental market.

Additional Information

Taxes
$21,033
Lot Size
4,151
Interior Features
Living Room, Dining Room, Kitchen
Flooring
Tile, Varies, Hardwood
Cooling System Type
None
Sewer
Public Sewer
Water Source
Public
Appliances
Range, Refrigerator

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Raquel Medina from Listing Office: Lock and Key Realty Inc..

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.