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. Recent updates include new flooring, new kitchens, updated bathrooms, and fresh paint. All four units are currently rented to tenants in good standing, generating over $72,000 in annual gross rental income, with strong potential for further increases. 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.
Sold for $600,000 on 10/23/25
$600,000
580 Plainfield St, Springfield, MA 01107
12beds
6,696sqft
4 Family
Built in 1925
-- sqft lot
$600,300 Zestimate®
$90/sqft
$1,875 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 23, 2025 at 10:25am
Listed by:
Kevin Li,
MP Signature Realty LLC,
Kevin Li
Bought with:
Erik Wolmart
M B C REALTORS®
Source: MLS PIN,MLS#: 73355699
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 sqft
- 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 & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School
Location
- Region: Springfield
HOA & financial
Other financial information
- Total actual rent: 6001
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$600,300
2% more+$12,006
With Zillow Showcase(estimated)$612,306