298 Oakland St, Springfield MA 01108

Springfield, MA 01108
$499,000
Est. $3,182/month
8
Beds
4
Baths
3,924
Sq Ft
$127
Price/Sq Ft
0.11
Acres
1900
Year Built
18
Days on Market
Active Listed Nov 20, 2025 • MLS# 73456525 Copied!

About this home

Cash-flowing 4-family! A great fit for first-time homebuyers needing a vacant, rent-ready unit or long-term investors focused on steady income. With reliable cash flow, low operating expenses, and clear rent-growth potential, it delivers both immediate return and long-term upside. All four units are spacious 2-bed/1-bath layouts with separate utilities that are the tenants’ responsibility. All four units come with lead certificates, and the property is equipped with an alarm system, newer furnaces, newer electrical, dedicated off-street parking, and coin-operated laundry to boost revenue. A strong, stable building in a central location—ready for its next owner to step in and capitalize!

Property Overview

Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
8
Full Bathrooms
4
Living Area
3,924 sq ft
Total Rooms
16
Stories
4
Levels
4

Facts & Features

Home Facts

Type Residential Income
Style 4 Family - 4 Units Up/Down
Year Built 1900
Living Area 3,924 sq ft
Lot Size 0.11 acres
Bedrooms 8
Full Baths 4
Total Rooms 16

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Concrete
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch Enclosed

Parking

Features Paved Drive, Shared Driveway, Off Street
Total Spaces 4

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,502
Assessed Value $350,900

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Block
Stories: 4

Heating, Cooling & Utilities

Heating:
Heating Zones: 4
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Enclosed
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Shared Driveway, Off Street

Location

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Neighborhood

298 Oakland St, Springfield MA 01108

Springfield, MA 01108

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $459
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
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+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Nov 20, 2025
$499,000
Original listing
Agent: The Madison Team Office: Lock and Key Realty Inc.

Price & Status History

Date Event Price Change
Nov 20, 2025 New Listing Added $499,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$127

Tax History

Year Taxes Assessment
2025 $5,502 $350,900

Financial Details

Annual Property Tax
$5,502
Tax Year 2025
Assessed Value
$350,900

Listing Information

Listing Agent The Madison Team
Listing Office Lock and Key Realty Inc.
Agent MLS ID TM330144
Office MLS ID AN5521
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Springfield, MA

Real-time market trends and pricing data for this area

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