120-122 Central St, Springfield, MA 01105
- Beds
- 23
- Baths
- 16
- Sqft
- 11,260
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Overview
120–122 Central Street presents a rare opportunity to acquire a 16-unit asset in a prime Springfield location, just minutes from the Naismith Memorial Basketball Hall of Fame and MGM Springfield. Perfect for a 1031 exchange this property features a strong unit mix of (7) two-bedroom apartments and (9) one-bedroom apartments, catering to a wide tenant base.With gross rents exceeding $22,000 per month, this building offers immediate cash flow and solid investment performance. All 16 units have lead certificates, providing added compliance and peace of mind for ownership.Positioned in a high-demand rental area with close proximity to major attractions, employment centers, and amenities, with a large off street parking lot this is a turnkey opportunity for investors looking to scale their portfolio with a stabilized, income-producing asset.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 5
- Number of bedrooms
- 23
- Number of bathrooms
- 16
- Square feet
- 11,260
- Lot size (acres)
- 0.27
- Year built
- 1927
Interior features
- Basement
- Yes
Utilities
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $20,977
Public schools
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Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73501818 Last checked: …
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