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474 Liberty St, Springfield, MA 01104

16 Bed, 8 Bath Multi-Family Home For Sale

474 Liberty St, Springfield, MA 01104 House For Sale - MLS #72244137
Off the Market
$410,000
16
8
Multi-Family
5+ Family
8

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Property Description for 474 Liberty St, Springfield, MA 01104

BACK ON THE MARKET AS BUYER'S FINANCING FELL THROUGH. CASH COW with excellent location and money making opportunity with this 8 family, projected gross annual income of $ 80,000 per year. Property is located less than 2 miles from recently opened grand MGM Casino. Beautiful brick building, 1 unit is vacant and will be rented soon. All units in decent shape with lots of updates with rent increase opportunity for 2 other units. Tenants pay their own gas and electric utilities. One new water heater owned by seller. Federal Pacific panels REPLACED with new electrical panels for ALL units and owners. Huge basement available for storage. Conveniently located from shopping complexes, I-291, 1-91, Mass Pike (I-90), public elementary and high school, railway and bus station, laundromat, convenience stores, YMCA, Post Office etc. Property is equipped with emergency lighting in front hallway and back porch, intercom system connected to individual unit for verbal communication.

Interior Details

9,370 sq. ft.
$43.76/sq. ft.

Exterior Details

0.11 acres
4,909 sq. ft.

Other Details

72244137
1916

Units Description

Unit #1
Rooms: 5      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 4      Rent: $825      Lease: Yes

Unit #2
Rooms: 5      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 2      Rent: $800     

Unit #3
Rooms: 5      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 3      Rent: $800     

Unit #4
Rooms: 5      Bedrooms: 2      Full / Half Baths: 1      Levels: 4      Floor: 3      Rent: $800     

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Town Description

The City of Springfield is a major urban industrial center of metropolitan status at the junction of regional routes between Boston and New York. The city lies in the Connecticut River Valley, and...

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