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$ 499,900
Est. payment | /mo
4 Beds
2 Baths
5,327 SqFt
$ 499,900
Est. payment | /mo
4 Beds
2 Baths
5,327 SqFt
Key Details
Property Type Multi-Family
Sub Type 2 Family - Rooming House
Listing Status Active
Purchase Type For Sale
Square Footage 5,327 sqft
Price per Sqft $93
MLS Listing ID 73529221
Bedrooms 4
Full Baths 2
Year Built 1920
Annual Tax Amount $6,478
Tax Year 2026
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type 2 Family - Rooming House
Property Description
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
State MA
County Hampden
Zoning B1
Direction Per GPS
Rooms
Basement Full, Unfinished
Interior
Interior Features Living Room, Kitchen
Exterior
Total Parking Spaces 3
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by eXp Realty
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