$1,300,000 ($122.60 per sqft)

Est. Mortgage $6,574/mo *

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128 Mill St, Springfield, MA, 01108

128 Mill St, Springfield, MA, 01108
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45 rooms

15 beds

14 Full baths

1910

10,604 sqft

Rare investment opportunity in the heart of Springfield! This 14 unit property offers a blend of historic character & modern functionality. The front building, built 1910, features 6 units with timeless charm including original woodwork & decorative fireplaces - plus a large, finished attic unit offering additional rental income potential. Connected at the rear, the 1975-built addition has 8 units, each with tenant paid electric. The property has recently received many updates including a 5 year old high efficiency boiler (owner paid heat/hot water), along with a newer on-demand hot water system. Several units have been recently renovated & the back building has been sub-metered to enhance operational efficiency. There is a large basement with space for on-site office build-out as well. With ample off-street parking and a convenient location near public transportation, employers, and major highways, this is an ideal investment opportunity in a thriving multifamily market!

Status:

Active

Type:

Multi-family

Units:

9

Zoning:

R3

Energy Features:

Thermostat

Basement:

Full, Walk-Out Access

Levels:

3

Parking:

14-car, Paved Drive, Off Street, Paved

Acreage:

0.46

Est. Taxes:

$15,128

Assessment

$964,800

Construction

Frame

Amenities:

Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, University

MLS #:

73368742

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Madeline Ceruti, Century 21 AllPoints Realty Phone: 860-621-8378