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You are here:
Home Massachusetts Springfield Multi-Family Homes for Sale

179 Bloomfield St Springfield, MA 01108

$450,000
4 Unit
8 Beds
4 Baths
3000 SQFT
0.15 Acre
179 Bloomfield St
Springfield, MA 01108

Property Description

Welcome to 179 Bloomfield, a prime investment! This well-maintained 4-unit property is a true money maker, offering a blend of stable rental income and future potential. Each unit features 2 bedrooms and 1 bathroom, with two units also boasting a bonus room perfect for an office, or additional storage. Currently, two units are vacant, providing immediate rental opportunities, while the other two units are occupied by long-term tenants, ensuring a steady income stream. Additionally, the property includes a rare 4-bay garage, ideal for extra rental income or personal use. Situated close to schools, parks, shopping, and public transportation. 179 Bloomfield is perfect for both seasoned investors and those new to real estate investing. With its solid rental history and potential for increased revenue, this property is an excellent addition to any portfolio. Don’t miss out on this unique investment opportunity— Schedule a showing and see the potential for yourself!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 8
  • Total Full Baths: 4
  • Amenities: Laundromat, Park, Public School, Public Transportation, Shopping
  • Basement Features: Full
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Gross Operating Income: 28800
  • Net Operating Income: 28800

Utilities

  • Electric Info: 100 Amps, Individually Metered, Other (See Remarks)
  • Utility Connections: for Gas Oven
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1917
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73268795
  • Last Updated: 08/31/24
  • Terms: Contract for Deed, Rent w/Option

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
08/31/2024Active$450,000$150MLSPIN
08/27/2024Back on Market$450,000$150MLSPIN
07/29/2024Under Agreement$450,000$150MLSPIN
07/28/2024Active$450,000$150MLSPIN
07/24/2024New$450,000$150MLSPIN

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Map & Resources

Seller's Representative: Omar Argueta, Berkshire Hathaway HomeServices Realty Professionals

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein.

MLS PIN data last updated at 2024-08-31 03:06:00