Coldwell Banker Realty - Chelmsford
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listing
1 of 32
MultifamilyFor Sale
$2,600,000
18-24 Coomes St
Springfield, MA 01108
Courtesy of Lock And Key Realty Inc. - Andrew Rodman
MLS Property Information Network
48Beds
16Baths
16,000Sq Ft
Est. Mortgage
$13,521/mo

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.

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Information courtesy of Lock And Key Realty Inc. is subject to verification and is not guaranteed.
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