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0 King Street

Springfield MA 01109

7422 sq. ft.
Other
Currently for sale - view listing

Overview

Exceptional shovel-ready multifamily development opportunity in Springfield! This newly created parcel offers investors and developers the chance to build a modern new-construction multifamily property designed for today’s market. Whether you’re looking to generate rental income, live in one unit while offsetting your mortgage with rental income, or add a high-quality asset to your investment portfolio, this property is positioned for success. Significant time and expense have already been completed with approved site plans, approved subdivision, variance approval, and architectural plans, allowing you to accelerate your project. Conveniently located near schools, parks, shopping, restaurants, major highways, and downtown Springfield, the location offers strong appeal for both homeowners and tenants alike. Don’t miss this rare opportunity to build a brand-new income-producing property in an established neighborhood. Buyer to perform their own due diligence regarding permits, approvals, and intended use.

Features

7422 sq. ft. lot size
Other

Happy sellers in Springfield

<50%
Less than 50% of sellers in Springfield reported that their sale price either exceeded or met their price expectations.

Springfield stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Springfield over the last 12 months.

Local market activity for other properties in Springfield

In the last 12 months, 34 other properties similar to 0 King Street, have been sold.

This represents a 20% increase in other properties sales when compared to the previous 12 months.

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