Refine Search
Map
Sort by
$1,650,000
25 Beds ⋅ 17 Baths ⋅ 73538738 MLS
Exceptional investment opportunity in Springfield,MA! 683-687 State Street features 17 units, including 15 residential apartments and 2 commercial spaces. The unit mix consists of (9) one-bedroom, (2) two-bedroom, and (4) three-bedroom apartments, with all but two units updated within the past 24 months. The property currently has one vacant 3-bedroom unit and two vacant commercial spaces, creating immediate upside potential. One commercial space offers over 2,600 sq. ft. and is ideal for a laundromat, retail, office, or other business use. Ownership pays heat and hot water, while tenants pay their own electric (separately metered). Ten of the 15 residential units are subsidized, providing stable rental income.The property currently generates approximately $19,000 per month in gross rental income, with upside still available. Excellent cash flow and value-add opportunity. Don't miss out!

683-687 State St, Springfield

Listing courtesy of Listing Agent: Jessica Mekal from Listing Office: Lock and Key Realty Inc..
$1,875,000
16 Beds ⋅ 16 Baths ⋅ 73536156 MLS
Presenting an exceptional multi-family property located at 438 Springfield, Agawam, MA. Constructed in 1965, this expansive 7680 square foot, meticulously maintained for immediate occupancy. This property embodies a distinct opportunity for sophisticated living or strategic investment. This distinguished property encompasses 16 well-appointed bedrooms, each designed to provide comfort and privacy. Complementing these living quarters are 16 full bathrooms, ensuring ample facilities for all residents. Spanning 2.0 stories, this residence is situated on a generous 13,440 square foot lot. The property's condition is characterized by its welcoming atmosphere, offering a seamless transition for new occupants. Discover the potential and refined living offered by this meticulously maintained multi-family residence. Fully rented and new heat pumps in all units. Laundry brings appox $150/month. Offers due by 8/27/26

438 Springfield, Agawam

Listing courtesy of Listing Agent: Russell J. Sabadosa from Listing Office: Premier Choice Realty.
$2,490,000
22 Baths ⋅ 73534182 MLS
22-unit studio apartment building with strong cash flow and value-add potential. T-12 through May 2026 reflects approximately $189,000 NOI. Property features numerous upgrades, including plank flooring, LED lighting, composite decking, and four sets of coin-operated laundry equipment generating additional income. Opportunity exists to further increase revenue through operational improvements, potential heat pump installation, and possible expansion of basement space (subject to buyer verification, permits, and approvals).Property appraised at approximately $2.5M in 2023 prior to subsequent improvements and rent growth initiatives. Located in a desirable rental market with limited multifamily inventory. Seller financing, hard money, sale-leaseback, and other creative structures may be considered. Offers due by 8/3/26.

21 Dwight, Agawam

Listing courtesy of Listing Agent: Russell J. Sabadosa from Listing Office: Premier Choice Realty.
$689,000
10 Beds ⋅ 7 Baths ⋅ 73508748 MLS
Great investment opportunity - This mixed-use property offers a total gross building area of approximately 9,494 square feet and includes two storefronts, three residential units above the commercial space, and a separate two-family in the rear, providing multiple income streams and long-term tenant stability. The left storefront includes a large display window, two spacious rooms and oil heat. The right storefront offers a prominent display window, open layout, and gas heat. Above the storefronts are three residential units: a three-bedroom one-bath unit with oil heat, hardwood floors, and a rear porch; a two-bedroom one-bath unit (vacant) with gas heat, hardwood floors, and rear and side. porch; and a one-bedroom one-bath unit with gas heat, hardwood floors, and a porch. In the rear of the property is a separate two-family featuring a three-bedroom one-bath unit with a front porch and gas heat, as well as a two-bedroom one-bath unit with a front porch and gas heat.

26-28 Parker St, Springfield

Listing courtesy of Listing Agent: Pablo Ottenwalder from Listing Office: Premier Choice Realty.
$2,090,000
17 Beds ⋅ 17 Baths ⋅ 73504070 MLS
Exceptional investment opportunity at 91 E Park Street! This 17-unit apartment building consists entirely of one-bedroom apartments, offering a desirable and easy-to-manage unit mix with strong rental demand. Currently generating approximately $21,153 in gross monthly income, the property has only one vacant unit, providing immediate upside through lease-up.The consistent unit configuration supports operational efficiency, simplified management, and stable occupancy. Conveniently located minutes from MGM Springfield, downtown Springfield, major highways, public transportation, shopping, and local amenities, the property is well-positioned to attract and retain tenants.Whether you're looking to expand your portfolio or acquire a stabilized multifamily asset with additional income potential, 91 E Park Street presents a strong investment opportunity in Springfield's growing rental market.

91 E Park St, Springfield

Listing courtesy of Listing Agent: Raquel Medina from Listing Office: Lock and Key Realty Inc..
$2,000,000
23 Beds ⋅ 16 Baths ⋅ 73501818 MLS
120–122 Central Street presents a rare opportunity to acquire a 16-unit asset in a prime Springfield location, just minutes from the Naismith Memorial Basketball Hall of Fame and MGM Springfield. Perfect for a 1031 exchange this property features a strong unit mix of (7) two-bedroom apartments and (9) one-bedroom apartments, catering to a wide tenant base.With gross rents exceeding $22,000 per month, this building offers immediate cash flow and solid investment performance. All 16 units have lead certificates, providing added compliance and peace of mind for ownership.Positioned in a high-demand rental area with close proximity to major attractions, employment centers, and amenities, with a large off street parking lot this is a turnkey opportunity for investors looking to scale their portfolio with a stabilized, income-producing asset.

120-122 Central St, Springfield

Listing courtesy of Listing Agent: Andrew Rodman from Listing Office: Lock and Key Realty Inc..
$515,000
6 Beds ⋅ 5 Baths ⋅ 73501261 MLS
Rare turnkey 5-Family Investment Opportunity on Northampton St in Holyoke. Don’t miss this exceptional opportunity to own a large 5-family property in the heart of Holyoke with excellent upside potential and below market rents. Whether you’re expanding your portfolio or entering the multifamily market, this property offers strong income potential and long-term value with targeted improvements and expansion. Many long-term tenants in place. A convenient and central location with easy access to local amenities, highways, etc. Up to 10%, 5y Seller Financing possible for qualified Buyers. Come see the potential to take this investment property to the next level!

1825 Northampton Street, Holyoke

Listing courtesy of Listing Agent: Peter Gelinas from Listing Office: Valley Real Estate Company.
$1,299,000
73487289 MLS
Rare opportunity to acquire a large-scale investment in one of Western Massachusetts emerging urban redevelopment corridors. This flexible space offers a combination of residential and commercial potential, making it an ideal opportunity for investors. Originally constructed during Holyoke's industrial expansion, the building features classic mill architecture including high ceilings, large window lines, and expansive floor plates, providing the perfect foundation for loft apartments, creative offiice space, retail, maker spaces or light industrial use. Positioned directly across form the Holyoke Amtrak station and just minutes to Interstate 91. The surrounding neighborhood continues to see significant investment, achored by the nearby Open Square redevelopment campus, arts venues, restaurants and cultural attractions. Over 106,000 sq ft. with 55 + Rental Unit Potential / 10 Commercial spaces. Investors and developers - message me today to explore the potential of this property

345-363 Dwight Street, Holyoke

Listing courtesy of Listing Agent: Lisa Moccia from Listing Office: Berkshire Hathaway HomeServices Realty Professionals.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.