855 Liberty St - Apartments FOR SALE


Springfield, MA 01104- Liberty Heights
$699,900 USD
413-221-0310
855 Liberty St, Springfield, MA for Sale
$699,900 USD
Apartments - FOR SALE
1/33
null | 5.91% Cap Rate

855 Liberty St
Springfield, MA 01104
Liberty Heights


OVERVIEW

6 Unit Residential Building in Popular Springfield Neighborhood Near Schools, Hospitals & Shops. Easy highway access to I91, I291 @ MA Pike. This building is a turn key revenue generating, income producing property with many improvements including a newer rubber membrane roof, replacement windows and vinyl siding. There is a full parking lot in the rear of the property. Each unit has SEPARATE UTILITIES & LEAD CERTS! Newly installed MONITORED FIRE ALARMS SYSTEM w/ Pull Stations. Rents are currently below market rate (all month to month) creating a BIG UPSIDE for investors. This building also has a VERIZON CELL TOWER on the roof which also generates a healthy income and has a BUYOUT OFFER OF 150K. Whether adding to your portfolio or considering this as your 1st, it is a MUST SEE! Income & Expense Sheet is Attached.

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$108 USD /SF

# OF UNITS

6

PRICE/UNIT

$116,650

CAP RATE

5.91%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1909

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B1

APN/PARCEL ID

SPRI-007770-000000-000490

ASK ABOUT THIS PROPERTY

Chester ArdolinoBerkshire Hathaway Home ServicesMore Info
413-221-0310

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Chester ArdolinoBerkshire Hathaway Home ServicesMore Info
413-221-0310

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.