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$499,900

Active

704-708 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

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$3,236 / month

Down payment20% · $99,980
Interest rate6.50%

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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