704-708 Sumneravenue, Springfield MA 01108
Springfield, MA 01108
$499,900
$460,000
Est. $3,066/month
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About this home
Prime Mixed-Use Investment Opportunity! 704-708 Sumner Ave offers a unique opportunity to own a mixed-use property with both commercial and residential income potential. The street-level commercial space features excellent frontage, prominent signage, multiple offices, reception and waiting areas, making it ideal for professional, medical, retail, or service-based businesses. Above, residential apartments provide additional income and long-term investment value. The property offers off-street parking, separate utilities, multiple electrical panels, 15 year old roof and a flexible layout suited for owner-occupants and investors alike. Earning $4,700 per month rental income, there is room to increase rents to market rent. Its classic brick exterior provides timeless curb appeal while its high-traffic location ensures outstanding visibility. Conveniently located near Forest Park, MGM Springfield, downtown Springfield, & major highways including I-91 & the MA Turnpike.
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
8%
Price Range
Property Timeline
Price Reduced
Aug 26, 2026
$460,000
$15,000
(-3.16%)
From $475,000 to $460,000 (-3.2%)
Price Reduced
Jul 14, 2026
$475,000
$24,900
(-4.98%)
From $499,900 to $475,000 (-5.0%)
Listed for Sale
Jun 2, 2026
$499,900
Original listing
Office: eXp Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/26/2026 | ↓ Price Reduced | $460,000 | $15,000 | - | From $475,000 to $460,000 (-3.2%) |
| 07/14/2026 | ↓ Price Reduced | $475,000 | $24,900 | - | From $499,900 to $475,000 (-5.0%) |
| 06/02/2026 | 🏠 Listed for Sale | $499,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $6,478 | — |
Financial Details
Annual Property Tax
$6,478
Tax Year 2026
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1920
Lot Size
0.0000
Investment Metrics
Gross Income
$56,400
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
None
Financial
Annual Tax
$6,478
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Check The Rent Roll Attachment For More Information.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Hampden
Property Overview
Listing Type
For Sale
Year Built
1920
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Springfield School District local
D
Where Graduates Go
Class of 2021
36%
attend college
20%
4-Year
16%
2-Year
3%
Out of State
3%
Working
School Safety
2024-25
5.9%
Above Average
5.1%
Suspensions
1.4%
In-School
0.8%
Emergency
0.4% above state avg
Elementary Schools
10 schools
St. Michael's Academy
0.8 mi
Grades PK-08
B
Veritas Preparatory Charter School
1.3 mi
|
#12 of 25
|
Score: 34.5
Improved 339 spots from last year
-23.8 below state avg
769 students
Moderate
Early College Program
Rising School
Grades 05-12
D
The Springfield Virtual School
1.8 mi
|
#326 of 346
|
Score: 30.7
Improved 11 spots from last year
-27.5 below state avg
201 students
Moderate
College Ready Curriculum
Grades PK-12
Your Educational Success Academy
1.9 mi
Grades K-12
Pioneer Valley Christian Academy
2.1 mi
Grades PK-12
A
Alfred G. Zanetti Montessori Magnet School
3.0 mi
|
#3 of 16
|
Score: 47.5
Improved 137 spots from last year
-10.7 below state avg
436 students
Diverse
Rising School
Grades PK-08
Pioneer Valley Montessori School
3.0 mi
Grades PK-06
Mill Pond School
3.4 mi
Grades PK-12
A+
Springfield Preparatory Charter School
3.5 mi
|
#2 of 16
|
Score: 48.5
Improved 94 spots from last year
-9.8 below state avg
485 students
Moderate
Rising School
Strong Attendance
Grades K-08
Academy Hill School
3.8 mi
Grades PK-08
Middle Schools
10 schools
C
John J. Duggan Middle School
2.3 mi
|
#251 of 346
|
Score: 47.1
Improved 35 spots from last year
-11.1 below state avg
843 students
Diverse
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
F
Forest Park Middle School
0.7 mi
|
#341 of 352
|
Score: 26.3
Improved 18 spots from last year
-31.9 below state avg
460 students
Diverse
Grades 06-08
Springfield Commonwealth Academy
1.5 mi
Grades 06-08
F
South End Middle School
1.8 mi
|
#350 of 352
|
Score: 23.0
Improved 12 spots from last year
-35.2 below state avg
176 students
Moderate
Grades 06-08
C+
STEM Middle Academy
2.2 mi
|
#12 of 16
|
Score: 24.5
Improved 298 spots from last year
-33.7 below state avg
241 students
Diverse
Rising School
Grades 06-08
F
Kiley Prep
2.7 mi
|
#351 of 352
|
Score: 21.5
Improved 9 spots from last year
-36.7 below state avg
314 students
Diverse
Grades 06-08
C-
Kiley Academy
2.7 mi
|
#14 of 16
|
Score: 22.1
Improved 341 spots from last year
-36.2 below state avg
253 students
Diverse
Rising School
Grades 06-08
C-
Van Sickle Prep School
3.3 mi
|
#15 of 16
|
Score: 21.0
Improved 330 spots from last year
-37.2 below state avg
207 students
Moderate
Rising School
Grades 06-08
B-
Van Sickle Academy
3.3 mi
|
#10 of 16
|
Score: 28.1
Improved 340 spots from last year
-30.1 below state avg
256 students
Moderate
Rising School
Grades 06-08
Springfield Middle School
3.6 mi
15 students
Moderate
Grades 06-08
High Schools
10 schools
C
Emergence Academy
1.8 mi
|
#21 of 25
|
Score: 26.2
Improved 356 spots from last year
-32 below state avg
376 students
Diverse
Rising School
Diverse Student Body
Grades 06-12
C-
Conservatory of the Arts
1.9 mi
|
#303 of 346
|
Score: 37.6
Improved 2 spots from last year
-20.6 below state avg
292 students
Moderate
High Graduation Rate
College Ready Curriculum
Grades 06-12
C+
Libertas Academy Charter School
2.3 mi
|
#238 of 346
|
Score: 48.5
Improved 106 spots from last year
-9.8 below state avg
592 students
Moderate
7 sports
• 134 athletes
Rising School
Grades 06-12
C-
Baystate Academy Charter Public School
3.3 mi
|
#306 of 346
|
Score: 37.1
Improved 37 spots from last year
-21.1 below state avg
344 students
Diverse
Rising School
College Ready Curriculum
Grades 06-12
C
The Springfield Renaissance School an Expeditionary Learning School
3.3 mi
|
#275 of 346
|
Score: 45.0
Improved 6 spots from last year
-13.2 below state avg
596 students
Diverse
High Graduation Rate
College Ready Curriculum
Grades 06-12
Pope Francis Preparatory School
0.9 mi
18 sports
• 1,124 athletes
Strong Athletics
Grades 09-12
C
High School of Commerce
1.8 mi
|
#272 of 346
|
Score: 45.2
Improved 30 spots from last year
-13 below state avg
835 students
Moderate
11 sports
• 554 athletes
Early College Program
Rising School
College Ready Curriculum
Grades 09-12
F
Springfield International Academy at Sci-Tech
2.1 mi
|
#340 of 346
|
Score: 20.7
Dropped 40 spots from last year
-37.5 below state avg
52 students
Diverse
Career Tech Programs
College Ready Curriculum
Diverse Student Body
Grades 09-12
C-
Springfield High School of Science and Technology
2.1 mi
|
#311 of 346
|
Score: 36.3
Dropped 1 spots from last year
-21.9 below state avg
1,147 students
Moderate
13 sports
• 870 athletes
Career Tech Programs
College Ready Curriculum
Grades 09-12
F
Phoenix Academy Public Charter High School, Springfield
2.1 mi
|
#343 of 346
|
Score: 20.1
Improved 5 spots from last year
-38.1 below state avg
175 students
Moderate
College Ready Curriculum
Grades 09-12
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Down: $0
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Monthly Payment Breakdown
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Property Tax
$540
Homeowners Insurance
$200
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Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
704-708 Sumneravenue, Springfield MA 01108
Springfield, MA 01108
Listing Information
Listing Agent
Maxwell Castrogiovanni
Listing Office
eXp Realty LLC
Office Phone
888-854-7493
Agent MLS ID
CN249286
Office MLS ID
AN8940
Listing Data Updated
Aug 30, 2026 3:07 AM EDT
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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