319/140 Chestnut St

Springfield MA 01103

760 sq. ft.

Condo

Currently for sale - view listing

Overview

The seller is offering a 2500$ credit to the buyer. Investor Alert! Rarely can you purchase a cash-flow-focused condo for under $125,000 in today's market. This investor-friendly property offers no long-term rental restrictions, giving you the flexibility to maximize your investment strategy. Well-suited for Section 8, HomeBASE, and other voucher programs, it provides access to a strong and consistent tenant pool. The HOA includes heat, hot water, Wi-Fi, seasonal A/C, water, trash, and common area maintenance, helping keep operating expenses low and cash flow strong. Ideally located in downtown Springfield near MGM, Union Station, major hospitals, restaurants, and highways, the property benefits from consistent rental demand. Whether you're a first-time investor or an experienced buyer looking to expand your portfolio, this is an affordable opportunity to secure a high-potential, income-producing asset.

Features

2 bedrooms

1 bathroom

1 garage space

760 sq. ft. floor area

Condo

Property history for 319/140 Chestnut St

2022

Sold

$67,000

06 May 2022 by Stephen Byrne, of First Place Realty

2017

Sold

$49,900

02 Aug 2017 by Gary Bellucci, of Elite Realty Services, LLC

Happy sellers in Springfield

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