Turn-key 6-family investment opportunity with three 3-bedroom and three 2-bedroom units, generating over $102K in annual gross rental income. All units have had recent updates, including vinyl plank flooring, updated bathrooms, fresh paint, and window replacements. Additional recent improvements include a rebuilt exterior porch, new siding, a new fire alarm panel, and an intercom system. One unit was just renovated and is currently vacant, ready for a new market-rate tenant or owner-occupancy. Lead certificates are available for four units. Tenants pay all utilities except water, with each unit having separate electric and gas meters. The property has been professionally managed, and all tenants are in good standing. It also features a paved driveway for two cars and a fenced-in backyard. Strong cash flow with long-term investment potential.
Sold for $780,000 on 05/16/25
$780,000
28 Randall Pl, Springfield, MA 01108
15beds
6,384sqft
5-9 Family
Built in 1906
-- sqft lot
$-- Zestimate®
$122/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 16, 2025 at 12:58pm
Listed by:
Kevin Li,
MP Signature Realty LLC,
Kevin Li
Bought with:
Eugene Diaz
Coldwell Banker Realty - Lynnfield
Source: MLS PIN,MLS#: 73346714
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
 - Bathrooms: 6
 - Full bathrooms: 6
 
Heating
- Electric
 
Features
- Pantry, Bathroom With Tub, Remodeled, Lead Certification Available, Living Room, Kitchen
 - Flooring: Tile, Vinyl, Varies, Hardwood
 - Basement: Full,Interior Entry,Concrete
 - Has fireplace: No
 
Interior area
- Total structure area: 6,384
 - Total interior livable area: 6,384 sqft
 - Finished area above ground: 6,384
 
Property
Parking
- Total spaces: 2
 - Parking features: Paved Drive, Off Street, Paved
 - Has uncovered spaces: Yes
 
Features
- Patio & porch: Porch
 - Fencing: Fenced/Enclosed,Fenced
 
Lot
- Size: 7,336 sqft
 
Details
- Parcel number: S:10060 P:0006,2603044
 - Zoning: I2
 
Construction
Type & style
- Home type: MultiFamily
 - Property subtype: 5-9 Family
 
Materials
- Frame
 - Foundation: Brick/Mortar
 - Roof: Shingle
 
Condition
- Year built: 1906
 
Utilities & green energy
- Electric: Circuit Breakers, Individually Metered, Varies per Unit
 - Sewer: Public Sewer
 - Water: Public
 
Community & neighborhood
Location
- Region: Springfield
 
HOA & financial
Other financial information
- Total actual rent: 8520
 
Other
Other facts
- Road surface type: Paved