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For sale
  • $2,600,000

    18-24 Coomes St, Springfield, MA 01108

    48beds
    16,000sqft
    : 
    5+ Family - 5+ Units Up/Down
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $163/sqft
    $-- HOA

    What's special

    Modern finishesUpdated kitchens and bathroomsNew flooring
    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.
    3 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: April 23, 2025 at 02:17pm

    Listed by:

    Andrew Rodman,

    Lock and Key Realty Inc.

    Source: MLS PIN,MLS#: 73363700
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 18-24 Coomes St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 48
    • Bathrooms: 16
    • Full bathrooms: 16
    Features
    • Flooring: Vinyl
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 16,000
    • Total interior livable area: 16,000 sqft
    • Finished area above ground: 16,000

    Property

    Parking
    • Total spaces: 10
    • Parking features: Paved Drive, Off Street, Paved
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch
    Lot
    • Size: 10,098 Square Feet
    Details
    • Parcel number: S:03185 P:0004
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - 5+ Units Up/Down
    Materials
    • Brick
    • Foundation: Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Public Transportation, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
    Location
    • Region: Springfield

    Financial & listing details

    • Price per square foot: $163/sqft
    • Tax assessed value: $1,604,000
    • Annual tax amount: $25,150
    • Date on market: 4/23/2025
    • Total actual rent: 8190
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