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228-232 Eastern AveSpringfield, MA 01109

Hampden County

$699,000List price
12Beds
6Baths
7,188Sq Ft
1912Year built
0.07Acre lot
5Stories
4 days agoOn market

Description

Turn-key 6-family investment opportunity featuring six 2-bedroom units across three floors. Most units have been renovated with updated kitchens, bathrooms, flooring, and finishes. Five units are currently leased with tenants in good standing and current on rent. One first-floor unit was recently turned over and is vacant, providing an opportunity for owner-occupancy or a new market-rate tenant. At full occupancy with current rents in place, the property generates over $94,000 in annual gross rental income. Tenants pay their own electric and gas utilities; owner pays water and sewer. Recent capital improvements include a $33,000 rebuild of the rear porch and newly replaced electric meters. Lead compliance certificates are available, and the property is up to date with current city requirements, including fire monitoring and an intercom system. Additional features include a corner lot and paved driveway with off-street parking for two vehicles. First open house Saturday, September 26, from 1:00 PM to 2:30 PM.

Property Information

Property type
Residential Income
Sub-type
Multi Family
Year built
1912
Stories
5
Living area
7,188 Sq Ft
Lot size
0.07 acres
Parking spaces
2
Zoning
C1
Days on market
4
MLS® Listing#
73580480

Property Features

Parking
Paved
Lot features
Corner Lot
Foundation
Brick/Mortar
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$9,355Tax year 2026
Assessed value
$605,100
Parcel number
M:43250048 L:0000,2582648

Directions

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Open Houses

Listing Courtesy: MP Signature Realty LLC - 7813226928

Presented by: Kevin Li

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Copyright ©2026 MLS Property Information Network, Inc. All Rights Reserved.

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