Turn-key 4-family investment opportunity featuring four oversized 3-bedroom, 1-bath units, each nearly 1,700 sq ft and including a living room, kitchen, and enclosed porch. Some of the recent updates include new flooring, new kitchens, updated bathrooms, and fresh paint. Two units are currently rented to tenants in good standing, and the other two have been freshly renovated and are rent-ready for market-rate tenants. The property generated over $61,000 in gross rental income last year with all four units occupied, and offers strong potential for increased returns. All units have lead certificates, and utilities are separately metered, with tenants paying all except water. The property is professionally managed and includes a paved driveway with off-street parking for two vehicles. A spacious, well-maintained asset offering immediate cash flow and long-term upside. Open House: Sunday, April 13th from 12:00–1:00 PM
For sale
$599,000
580 Plainfield St, Springfield, MA 01107
12beds
6,696sqft
Est.:
4 Family
Built in 1925
-- sqft lot
$612,700 Zestimate®
$89/sqft
$-- HOA
What's special
Enclosed porchNew kitchensUpdated bathroomsFresh paintNew flooring
- 20 days
- on Zillow |
- 213 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: May 23, 2025 at 12:05am
Listed by:
Kevin Li,
MP Signature Realty LLC,
Kevin Li
Source: MLS PIN,MLS#: 73355699
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Steam, Natural Gas
Features
- Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Remodeled, Living Room, Kitchen
- Flooring: Wood, Tile, Vinyl, Hardwood
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 6,696
- Total interior livable area: 6,696 sqft
- Finished area above ground: 6,696
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street, Paved
- Has uncovered spaces: Yes
Features
- Patio & porch: Enclosed
- Exterior features: Balcony/Deck
Lot
- Size: 6,042 Square Feet
- Features: Corner Lot
Details
- Parcel number: S:09775 P:0136,2601847
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1925
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $405,000
- Annual tax amount: $6,504
- Date on market: 5/5/2025
- Total actual rent: 6026
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