128 Mill St new

Springfield,MA 01108

$ 1300000

15 Beds

14 Baths

10604 SqFt


Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,604 sqft

Price per Sqft $122

MLS Listing ID 73368742

Bedrooms 15

Full Baths 14

Year Built 1910

Annual Tax Amount $15,128

Tax Year 2025

Lot Size 0.460 Acres

Acres 0.46

Property Sub-Type 5-9 Family

Property Description

Rare investment opportunity in the heart of Springfield! This 14 unit property offers a blend of historic character & modern functionality. The front building, built 1910, features 6 units with timeless charm including original woodwork & decorative fireplaces - plus a large, finished attic unit offering additional rental income potential. Connected at the rear, the 1975-built addition has 8 units, each with tenant paid electric. The property has recently received many updates including a 5 year old high efficiency boiler (owner paid heat/hot water), along with a newer on-demand hot water system. Several units have been recently renovated & the back building has been sub-metered to enhance operational efficiency. There is a large basement with space for on-site office build-out as well. With ample off-street parking and a convenient location near public transportation, employers, and major highways, this is an ideal investment opportunity in a thriving multifamily market!

Location

State MA

County Hampden

Zoning R3

Direction GPS friendly

Rooms

Basement Full,Walk-Out Access

Exterior

Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Laundromat,Highway Access,House of Worship,Public School,University

Roof Type Shingle

Total Parking Spaces 14

Garage No

Building

Story 3

Foundation Block,Brick/Mortar,Slab

Sewer Public Sewer

Water Public

Others

Senior Community false

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