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$699,000
Monthly Est:$3,479
12 Beds
6 Baths6 full baths
7,188sqft
228-232 Eastern Ave, Springfield, MA 01109
$699,000
$3,479/moEst:
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Multi Family
Built in 1912
$-- HOA
0.07 acre lot
$97/sq.ft
Description
Turn-key 6-family investment opportunity featuring six 2-bedroom units across three floors. Most units have been renovated with updated kitchens, bathrooms, flooring, and finishes. Five units are currently leased with tenants in good standing and current on rent. One first-floor unit was recently turned over and is vacant, providing an opportunity for owner-occupancy or a new market-rate tenant. At full occupancy with current rents in place, the property generates over $94,000 in annual gross rental income. Tenants pay their own electric and gas utilities; owner pays water and sewer. Recent capital improvements include a $33,000 rebuild of the rear porch and newly replaced electric meters. Lead compliance certificates are available, and the property is up to date with current city requirements, including fire monitoring and an intercom system. Additional features include a corner lot and paved driveway with off-street parking for two vehicles. First open house Saturday, September 26, from 1:00 PM to 2:30 PM.
- Houzeo last checked: 12 hours ago
- Listing updated: September 30, 2026 at 7:12 pm
- Listing Provided by: Kevin Li (617) 257-3595 | MP Signature Realty LLC (781) 322-6928
- Source: MLS Property Information Network-MA | MLS#: 73580480
Property Details
Status
Pending
Type
Multi Family
No. of Stories
5
County
City
Neighborhood
Year Built
1912
HOA Fees
-
Finished Area
7,188 sqft
Lot Size
0.07 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73580480
MLS Status
Under Agreement
Days on Market
18
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 6
Interior
Sewer
Public Sewer
Construction
Year Built
Year Built: 1912
Home type
Multi Family
Foundation Details
Brick/mortar
Utilities & Energy
Water Source
Public
Parking Features
Paved Drive
Other Features
Lot Features
Corner Lot
Disclosures
Buyer To Verify All Data. Seller Has Never Lived In Property. Listing Agent Is Related To Owner.
Price History
| Date | Event | Price |
|---|---|---|
09/30/2026 Source: | Pending | $699,000 $97/sqft |
09/21/2026 Source: | Listed for Sale | $699,000 +30.65% $97/sqft |
10/12/2019 Source: | Sold | $535,000 $74/sqft |
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Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Oct 09, 2026, 02:30PM. The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.
Advertising Broker: Derek Greene | The Greene Realty Group