SoldMay 16, 2025

Listed by Kevin Li from MP Signature Realty LLC

Bought with Eugene Diaz

Source: MLS Property Information Network Inc #73346714

28 Randall Place, Springfield, MA, 01108

$780,000

15
6
2
6384 sq. ft.
7336 sq. ft.

Other

6 days on the market

Sold: May 16, 2025

What's around 28 Randall Place

About this property

Turn-key 6-family investment opportunity with three 3-bedroom and three 2-bedroom units, generating over $102K in annual gross rental income. All units have had recent updates, including vinyl plank flooring, updated bathrooms, fresh paint, and window replacements. Additional recent improvements include a rebuilt exterior porch, new siding, a new fire alarm panel, and an intercom system. One unit was just renovated and is currently vacant, ready for a new market-rate tenant or owner-occupancy. Lead certificates are available for four units. Tenants pay all utilities except water, with each unit having separate electric and gas meters. The property has been professionally managed, and all tenants are in good standing. It also features a paved driveway for two cars and a fenced-in backyard. Strong cash flow with long-term investment potential.

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