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704 Sumner Avenue

Springfield MA 01108

4
2
3
5327 sq. ft.
4791 sq. ft.
Other
Currently for sale - view listing

Overview

Prime Mixed-Use Investment Opportunity! 704-708 Sumner Ave offers a unique opportunity to own a mixed-use property with both commercial and residentialincome potential. The street-level commercial space features excellent frontage, prominent signage, multiple offices, reception and waiting areas, making it idealfor professional, medical, retail, or service-based businesses. Above, residential apartments provide additional income and long-term investment value. Theproperty offers off-street parking, separate utilities, multiple electrical panels, 15 year old roof and a flexible layout suited for owner-occupants and investors alike.Earning $4,700 per month rental income, there is room to increase rents to market rent. Its classic brick exterior provides timeless curb appeal while its high-trafficlocation ensures outstanding visibility. Conveniently located near Forest Park, MGM Springfield, downtown Springfield, & major highways including I-91 & the MATurnpike.

Features

4 bedrooms
2 bathrooms
3 carspaces
3 open car spaces
5327 sq. ft. floor area
4791 sq. ft. lot size
Other

Happy sellers in Springfield

94%
94% of sellers in Springfield reported that their sale price either exceeded or met their price expectations.

Springfield stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Springfield over the last 12 months.

Local market activity for 4 bedroom other properties in Springfield

In the last 12 months, 4 four-bedroom other properties similar to 704 Sumner Avenue, have been sold.

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

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