aisellshomes.space

$499,900

Active

704-708 Sumner Avenue

Springfield, MA, 01108

Multi-Family · MLS #73529221

Price/sqft

$94

Days on market

9 days

Year built

1920

Lot size

0.11 ac

5,327 sq ft

Sq Ft

0.11 acres

Lot

1920

Year Built

Taxes: $6,478 (2026)

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 residentialincome potential. The street-level commercial space features excellent frontage, prominent signage, multiple offices, reception and waiting areas, making it idealfor professional, medical, retail, or service-based businesses. Above, residential apartments provide additional income and long-term investment value. Theproperty 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-trafficlocation ensures outstanding visibility. Conveniently located near Forest Park, MGM Springfield, downtown Springfield, & major highways including I-91 & the MATurnpike.

Location

704-708 Sumner Avenue, Springfield, MA, 01108

Property details

Basement
Full, Unfinished Basement

Listed by Maxwell Castrogiovanni · eXp Realty

Schedule a showing

704-708 Sumner Avenue

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$3,276 / month

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

Loan term

Principal & interest
$2,528
Property tax
$540
Home insurance
$208

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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704-708 Sumner Avenue — $499,900 | Springfield, MA | aisellshomes.space