• $699,000List Price
  • 12Bedrooms
  • 6Bathrooms
  • 0.07Acreage
  • 1912Year Built
  • 7,188Square Feet

Turn-key 6-family investment opportunity featuring six 2-bedroom units across three floors. Most units have been renovated with updated kitchens, bathrooms, flooring, and finishes. Five units are currently leased with tenants in good standing and current on rent. One first-floor unit was recently turned over and is vacant, providing an opportunity for owner-occupancy or a new market-rate tenant. At full occupancy with current rents in place, the property generates over $94,000 in annual gross rental income. Tenants pay their own electric and gas utilities; owner pays water and sewer. Recent capital improvements include a $33,000 rebuild of the rear porch and newly replaced electric meters. Lead compliance certificates are available, and the property is up to date with current city requirements, including fire monitoring and an intercom system. Additional features include a corner lot and paved driveway with off-street parking for two vehicles. First open house Saturday, September 26, from 1:00 PM to 2:30 PM.

More Info

Basic Information

  • Gross Income $94,620
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number M:43250048 L:0000,2582648

Location

  • Address228-232 Eastern Avenue
  • Building Number228-232
  • CountyHampden
  • StateMA
  • StreetEastern Avenue
  • TownSpringfield
  • Zip01109

Property Information

  • Building Area Source Public Records
  • Living Area 7,188
  • Lot Size Square Feet 3,123
  • Lot Size Units Acres
  • Square Feet7,188

Tax Information

  • Tax Assessed Value $605,100
  • Tax Year 2026
  • Taxes$9,355

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms12
  • Full Bath6

Building

  • Building Area Units Square Feet
  • FoundationBrick/Mortar
  • Levels 5
  • Rooms24
  • Stories5
  • Units6
  • Year Built1912
  • Year Built Details Approximate
  • Year Built Source Public Records

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces2

Basic Information

  • List Price$699,000
  • MLS Number73580480
  • Modification Date09/21/2026
  • Property SubType5-9 Family

Property

  • Acreage0.07

Utilities

  • Sewer Public Sewer
  • Water Source Public

Other

  • Date Listed09/21/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Kevin Li of MP Signature Realty LLC

Springfield, MA Demographics

There is no data available

Springfield, MA Real Estate Market Data

There is no data available

Springfield, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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 or leasing 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 or leasing. MLSPIN 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.

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