Cash-flowing property with long-term tenants and professional property management in place—management is eager to continue servicing the new owner. The roof is approximately three years old.This sale includes two abutting lots zoned R2, presenting a prime opportunity for investors and developers. Leverage the steady rental income to offset holding costs while planning your next project. Total monthly income is $2,700. Tenants pay their own electricity. Multiple investment strategies make this a rare opportunity for savvy buyers.
For sale
$319,900
123 Pine St, Springfield, MA 01105
4beds
1,588sqft
Est.:
Multi Family
Built in 1909
-- sqft lot
$333,200 Zestimate®
$201/sqft
$-- HOA
What's special
- 27 days
- on Zillow |
- 416 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: April 07, 2025 at 04:17pm
Listed by:
Irving Lora,
MIG
Source: MLS PIN,MLS#: 73347086
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Basement: Bulkhead
- Has fireplace: No
Interior area
- Total structure area: 1,588
- Total interior livable area: 1,588 sqft
- Finished area above ground: 1,588
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Features
- Exterior features: Professional Landscaping
- Fencing: Fenced/Enclosed
Lot
- Size: 0.4 Acres
- Features: Wooded
Details
- Parcel number: 2601562
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Other
- Roof: Shingle
Condition
- Year built: 1909
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Laundromat, Public School
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $201/sqft
- Tax assessed value: $171,100
- Annual tax amount: $2,748
- Date on market: 3/30/2025
- Listing terms: Contract
- Total actual rent: 2700
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