King St, Springfield, MA 01109
- $55,000
- List Price
- $55,000
- Status
- NEW
- MLS#
- 73555549
- Lot Size (Acres)
- 0.17
Property Description
Exceptional shovel-ready multifamily development opportunity in Springfield! This newly created parcel offers investors and developers the chance to build a modern new-construction multifamily property designed for today’s market. Whether you’re looking to generate rental income, live in one unit while offsetting your mortgage with rental income, or add a high-quality asset to your investment portfolio, this property is positioned for success. Significant time and expense have already been completed with approved site plans, approved subdivision, variance approval, and architectural plans, allowing you to accelerate your project. Conveniently located near schools, parks, shopping, restaurants, major highways, and downtown Springfield, the location offers strong appeal for both homeowners and tenants alike. Don’t miss this rare opportunity to build a brand-new income-producing property in an established neighborhood. Buyer to perform their own due diligence regarding permits, approvals, and intended use.
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Additional Information
- Lot Description
- Level, Cleared
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Armando Roman from Listing Office: Signature Realty.
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