$499,900
Active704-708 SumnerAvenue
Springfield, MA, 01108
Commercial · MLS #73528412
Days on market
10 days
0.00 acres
Lot
About this home
Prime Mixed-Use Investment Opportunity! 704-708 Sumner Ave offers a unique opportunity to own a mixed-use property with both commercial and residential income potential. The street-level commercial space features excellent frontage, prominent signage, multiple offices, reception and waiting areas, making it ideal for professional, medical, retail, or service-based businesses. Above, residential apartments provide additional income and long-term investment value. The property offers off-street parking, separate utilities, multiple electrical panels, 15 year old roof and a flexible layout suited for owner-occupants and investors alike. Earning $4,700 per month rental income, there is room to increase rents to market rent. Its classic brick exterior provides timeless curb appeal while its high-traffic location ensures outstanding visibility. Conveniently located near Forest Park, MGM Springfield, downtown Springfield, & major highways including I-91 & the MA Turnpike.
Listed by Maxwell Castrogiovanni · eXp Realty
Schedule a showing
704-708 SumnerAvenue
Estimated payment
$3,236 / month
Loan term
- Principal & interest
- $2,528
- Property tax
- $500
- Home insurance
- $208
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).
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