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$ 289,000
Est. payment /mo
New
436-438 Franklin St Springfield, MA 01104
8 Beds
3 Baths
3,878 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,878 sqft
Price per Sqft $74
MLS Listing ID 73551755
Bedrooms 8
Full Baths 3
Year Built 1909
Annual Tax Amount $4,640
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type 3 Family
Property Description
INVESTORS TAKE NOTICE! Exceptional investment opportunity! This fully rented three-family property offers upside for investors or owner-occupants looking to build equity through additional improvements while increasing rental income and long-term value. The property features two spacious 3-bedroom units and one comfortable 2-bedroom unit, providing strong rental appeal. Seller states mechanical updates include 2 - newer individual natural gas heating systems and separate hot water heaters for each unit(2017,2024,2025), helping reduce future capital expenses. With solid fundamentals already in place, this property presents an excellent opportunity to renovate, maximize market rents, improve cash flow, and grow your investment portfolio. Whether you're a seasoned investor or looking for your first multifamily property, this is a chance to unlock the property's full potential. Conveniently located near shopping, restaurants, local amenities, and major commuter routes. Being sold "AS IS"
Location
State MA
County Hampden
Zoning R2
Direction Liberty St to Genesee St to Franklin St.
Rooms
Basement Full
Interior
Interior Features Living Room, Dining Room, Kitchen
Heating Forced Air, Natural Gas
Flooring Wood, Vinyl, Laminate
Appliance Range, Refrigerator
Exterior
Community Features Sidewalks
Roof Type Shingle
Total Parking Spaces 4
Garage No
Building
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Cuoco & Co. Real Estate