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Taylor Johnson

taylorgjohnson@kw.com +1(617) 820-8964

$ 2,600,000

Est. payment | -/mo

48 Beds

16 Baths

16,000 SqFt

Save

$ 2,600,000

Est. payment | -/mo

Save

48 Beds

16 Baths

16,000 SqFt

OPEN HOUSE

Fri Apr 25, 3:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 16,000 sqft

Price per Sqft $162

MLS Listing ID 73363700

Bedrooms 48

Full Baths 16

Year Built 1915

Annual Tax Amount $25,150

Tax Year 2025

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type 5+ Family - 5+ Units Up/Down

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.

Location

State MA

County Hampden

Zoning R3

Direction Edgeland st to Coomes st

Rooms

Basement Full

Interior

Flooring Vinyl

Exterior

Community Features Public Transportation, Medical Facility, Laundromat, Highway Access, House of Worship, Public School

Roof Type Shingle

Total Parking Spaces 10

Garage No

Building

Story 5

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Lock and Key Realty Inc.

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Taylor Johnson

Real Estate Agent | Lic# 9539905

taylorgjohnson@kw.com

+1(617) 820-8964

180 Haven Street, 2nd Floor, Reading, MA, 01867

18-24 Coomes St Springfield, MA 01108

Taylor Johnson

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Others

GET MORE INFORMATION

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18-24 Coomes St