704-708 Sumner Ave, Springfield, MA 01108
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$449,500
Type: Mixed Use
Lease Type N/A
3292 Bldg. SQFT
4 Restroom
Parking: N/A

Property Description

Mixed use property in a great location. The property has one ground level tenant that occupies both units on the first floor. The tenant has been at this location for over 20 years. There are two one bedroom apartments on the second floor that have been partially renovated. Owner recently installed new driveway. The property is separately metered for gas and electric. The residential tenants are at below market rents. Showings by appointment only.

Property Details tap to expand

Property Information

  • Type: Mixed Use
  • Location: Legal Non-Conforming
  • MLS ID#: 73401941

Financial

  • Gross Annual Expenses: 14428
  • Gross Annual Income: 42600
  • Net Operating Income: 28172

Building Information

  • Total SQFT: 3292
  • Total Restrooms: 4

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/13/2025Active$449,500$137MLSPIN
07/09/2025New$449,500$137MLSPIN

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Seller's Representative: Benedetto DiMichele, Cornerstone Realty, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-07-14 08:45:00

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