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18-24 Coomes St, Springfield, MA 01108
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$2,500,000
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Home Details for 18-24 Coomes St
Price
$2,500,000
Type
Multi Family
Bedrooms
48
Total Bathrooms
16
Full Bathrooms
16
Year Build
1915
Sq. Ft.
16000
Lot Size
0.23
County
Hampden
Total Rooms
80
Basement
Full
Tax
$25,150
MLS®️ Listing#
73363700
On exitrealty.com
142 days
Property Description
Introducing a rare investment opportunity in the heart of Springfield, MA—18-24 Coomes Street, a well-maintained 16-unit multifamily property offering strong cash flow and significant long-term value. This property features all three-bedroom, one-bath units, providing a highly desirable layout for tenants and ensuring steady demand in a competitive rental market. Fourteen of the sixteen units have been completely renovated with modern finishes, updated kitchens and bathrooms, new flooring, and fresh paint throughout, creating a turnkey opportunity for investors.Currently grossing over $30,000 per month in rental income, this property is a high-performing asset with upside potential as the remaining two units are brought up to renovated standards. Professionally managed and stabilized, 18-24 Coomes Street is a perfect addition to any portfolio, whether you're a seasoned investor or completing a 1031 exchange. This property also includes 3 parcels.
- Parking
- Paved
- Off Street
- Water Features
- Public
- Basement
- Full
Listing Courtesy: Lock and Key Realty Inc. - 413-282-8080. Presented by: Andrew Rodman
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 ©2025 MLS Property Information Network, Inc. All Rights Reserved.
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Market statistics compiled from data from Massachusetts Association of REALTORS.
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$2,500,000
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EXIT NEW OPTIONS REAL ESTATE
12 Main Street, Leominster, MA 01453
Proudly serving the areas of Ashburnham, Sterling, Westminster