Attention Investors! Don't miss this rare opportunity to acquire an income-producing 5-unit multifamily property just minutes from Downtown Springfield! With an immediate rental income potential of $80K+ per year, this investment is ready to generate strong returns! This well-maintained property features 5 units, with 1 vacancy, plus another vacancy by mid April 2025—offering the perfect opportunity to place new tenants at market rent. Each unit is individually metered, with tenants responsible for their own utilities—minimizing your expenses and maximizing profitability. The property includes off-street parking in a private lot behind the building, offering added convenience for tenants. Secure this prime investment before it's gone!
For sale
Price cut: $25K (4/4)
$474,900
446 Liberty St, Springfield, MA 01104
6beds
6,012sqft
Est.:
5+ Family - 5+ Units Up/Down
Built in 1902
-- sqft lot
$371,900 Zestimate®
$79/sqft
$-- HOA
What's special
Private lotOff-street parking
- 36 days
- on Zillow |
- 377 |
- 25 |
Zillow last checked: 7 hours ago
Listing updated: April 27, 2025 at 12:51pm
Listed by:
The Madison Team,
Lock and Key Realty Inc.,
Jessica Mekal
Source: MLS PIN,MLS#: 73348349
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Cooling
- Window Unit(s)
Features
- Living Room, Kitchen
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 6,012
- Total interior livable area: 6,012 sqft
- Finished area above ground: 6,012
Property
Parking
- Total spaces: 5
- Parking features: Off Street
Features
- Patio & porch: Porch
Lot
- Size: 7,183 Square Feet
- Features: Level
Details
- Parcel number: S:07770 P:0114,2591953
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Block
Condition
- Year built: 1902
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Park, Medical Facility, Highway Access
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $79/sqft
- Annual tax amount: $5,611
- Date on market: 3/23/2025
- Total actual rent: 3600
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