18-24 Coomes St, Springfield, MA, 01108
80 rooms
48 beds
16 Full baths
1915
16,000 sqft
Introducing a rare investment opportunity in the heart of Springfield, MA—18-24 Coomes Street, a well-maintained 16-unit multifamily property offering strong cash flow and significant long-term value. This property features all three-bedroom, one-bath units, providing a highly desirable layout for tenants and ensuring steady demand in a competitive rental market. Fourteen of the sixteen units have been completely renovated with modern finishes, updated kitchens and bathrooms, new flooring, and fresh paint throughout, creating a turnkey opportunity for investors.Currently grossing over $30,000 per month in rental income, this property is a high-performing asset with upside potential as the remaining two units are brought up to renovated standards. Professionally managed and stabilized, 18-24 Coomes Street is a perfect addition to any portfolio, whether you're a seasoned investor or completing a 1031 exchange. This property also includes 3 parcels.
Status:
Active
Type:
Multi-family
Units:
16
Zoning:
R3
Basement:
Full
Levels:
5
Parking:
10-car, Paved Drive, Off Street, Paved
Acreage:
0.23
Est. Taxes:
$25,150
Assessment
$1,604,000
Construction
Brick
Amenities:
Public Transportation, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
MLS #:
73363700
Compensation Based On:
Net Sale Price
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of Andrew Rodman, Lock and Key Realty Inc.