$999,000
Active752 Sumner Ave
Springfield, MA, 01108
Commercial · MLS #73536576
Days on market
20 days
Lot size
0.36 ac
0.36 acres
Lot
About this home
Mixed-use investment opportunity with immediate income and approved residential upside. Fully leased first floor generates approx. $110,400/year from 5 established commercial tenants. City approval in hand for 7 second-floor residential units. Gross income can exceed $250,000 when completed. Approval package, architectural plans, and parking agreements convey with sale. New roof, electrical upgrades, mini-splits, separate utilities/meters, and 10 secured parking spaces. Ideal for investors, developers, and 1031 exchange buyers. Offered at $999,000.
Location
752 Sumner Ave, Springfield, MA, 01108
Property details
- Parking
- 1-10 Spaces
Listed by Anthony Ardolino · Berkshire Hathaway HomeServices Realty Professionals
Schedule a showing
752 Sumner Ave
Estimated payment
$6,430 / month
Loan term
- Principal & interest
- $5,015
- Property tax
- $999
- Home insurance
- $416
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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