580 Plainfield St, Springfield MA 01107

Springfield, MA 01107
$599,000
Est. $3,188/month
12
Beds
4
Baths
6,696
Sq Ft
$89
Price/Sq Ft
0.14
Acres
1925
Year Built
4 Family
Type
149
Days on Market
Pending Listed Sep 26, 2025 • MLS# 73355699

About this home

Turn-key 4-family investment opportunity featuring four oversized 3-bedroom, 1-bath units, each nearly 1,700 sq ft and including a living room, kitchen, and enclosed porch. Recent updates include new flooring, new kitchens, updated bathrooms, and fresh paint. All four units are currently rented to tenants in good standing, generating over $72,000 in annual gross rental income, with strong potential for further increases. All units have lead certificates, and utilities are separately metered, with tenants paying all except water. The property is professionally managed and includes a paved driveway with off-street parking for two vehicles. A spacious, well-maintained asset offering immediate cash flow and long-term upside.

Facts & Features

Property Overview

Property Type
4 Family
Property Category
Residential Income
Year Built
1925
Bedrooms
12
Full Bathrooms
4
Living Area
6,696 sq ft
Total Rooms
20
Stories
4
Levels
4

Interior Features

Flooring
Wood, Tile, Vinyl, Hardwood
Heating
Steam, Natural Gas
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Refrigerator, Freezer
Interior Features
Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Remodeled, Living Room, Kitchen
Basement Details
Full

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Balcony/Deck
Patio/Porch Features
Enclosed
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.14 acres
Lot Size
6,042 sq ft
Lot Size Area
0.1400
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts

Community & HOA

Community Features
Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,504
Tax Year
2024
Tax Assessed Value
$405,000
Parcel Number
S:09775 P:0136,2601847
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Buyer to verify all information. All tenants are in good standing. All information deemed accurate but not guaranteed.

Location

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Neighborhood

580 Plainfield St, Springfield MA 01107

Springfield, MA 01107

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $542
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Apr 7, 2025
$599,000
Original listing
Office: MP Signature Realty LLC

Price & Status History

Date Event Price Change
Apr 7, 2025 New Listing Added $599,000 —

Market Statistics

Days on Market
149 days
Price per Sq Ft
$89

Tax History

Year Taxes Assessment
2024 $6,504 $405,000

Financial Details

Annual Property Tax
$6,504
Tax Year 2024
Assessed Value
$405,000

Listing Information

Listing Agent Kevin Li
Listing Office MP Signature Realty LLC
Agent MLS ID CN242963
Office MLS ID AN4267

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