199 Eastern Ave

Springfield MA 01109

2973 sq. ft.

3798 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

This massive property on Eastern Ave offers an impressive 9 bedrooms and 3 full bathrooms across spacious units, making it ideal for both owner-occupants and savvy investors alike. The property also features an additional 3 finished rooms and a full bathroom in the basement, presenting endless possibilities for expansion, extended living space, home office setup, or creative use.The vacant first-floor unit combined with the basement space provides immediate flexibility for an owner-occupant looking to “live for free” while collecting rental income from the upper units to pay mortgage. Solar panels add additional value and help reduce utility costs, especially for the owner-occupied spaces.The second and third-floor tenants are currently tenants-at-will and are willing to pay market rent from day one, creating strong income potential right away.Whether you’re looking to expand your portfolio or house-hack, this is an opportunity you can't miss!