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Christian Iantosca

christian@arborviewcompanies.com +1(617) 543-0501

$2,090,000

Est. payment - /mo

17 Beds

17 Baths

12,184 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 12,184 sqft

Price per Sqft $171

MLS Listing ID 73504070

Bedrooms 17

Full Baths 17

Year Built 1930

Annual Tax Amount $21,033

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

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.

Location

State MA

County Hampden

Zoning C1

Direction GPS Friendly

Rooms

Basement Full

Interior

Interior Features Living Room, Dining Room, Kitchen

Cooling None

Flooring Tile, Varies, Hardwood

Appliance Range, Refrigerator

Exterior

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

Utilities Available for Gas Range, Varies per Unit

View Y/N Yes

View City View(s)

Roof Type Tar/Gravel

Garage No

Building

Story 4

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

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Listed by Lock and Key Realty Inc.

NEARBY SCHOOL & BUSINESS

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Christian Iantosca

+1(617) 543-0501

Principal Broker & Founder | License ID: 9086154

Principal Broker & Founder License ID: 9086154

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91 E Park St Springfield, MA 01105

Christian Iantosca

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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91 E Park St