$499,900
Active704-708 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
Estimated payment
$3,276 / month
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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