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704-708 Sumneravenue, Springfield MA 01108

Springfield, MA 01108
$499,900
$475,000
Est. $3,142/month
0.00
Acres
1920
Year Built
45
Days on Market
Active Price Drop -$24,900 Listed Jun 2, 2026 • MLS# 73528412 Copied! • Updated Jul 14, 2026

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

1
Price Changes
5%
Price Range

Property Timeline

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

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
Gross Income $56,400
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $6,478
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Check The Rent Roll Attachment For More Information.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Hampden

Property Overview

Listing Type
Commercial Sale
Year Built
1920

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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:
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
E

Elementary Schools

3 schools
B-
White Street School
0.2 mi | #479 of 824 | Score: 45.4
Improved 39 spots from last year
-12.9 below state avg
378 students Moderate
Rising School
Grades PK-05
C-
Washington School
0.4 mi | #718 of 824 | Score: 34.2
Improved 14 spots from last year
-24 below state avg
430 students Diverse
Grades PK-05
D
Kensington International School
0.6 mi | #763 of 824 | Score: 31.4
Dropped 105 spots from last year
-26.8 below state avg
278 students Moderate
Grades PK-05
M

Middle Schools

3 schools
F
Forest Park Middle School
0.7 mi | #343 of 352 | Score: 25.3
Improved 16 spots from last year
-32.9 below state avg
282 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: 23.5
Improved 12 spots from last year
-34.7 below state avg
163 students Moderate
Grades 06-08
H

High Schools

3 schools
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 | #286 of 346 | Score: 42.2
Improved 16 spots from last year
-16 below state avg
966 students Moderate
11 sports • 554 athletes
Early College Program College Ready Curriculum
Grades 09-12
C
Emergence Academy
1.8 mi | #21 of 25 | Score: 25.5
Improved 356 spots from last year
-32.7 below state avg
382 students Diverse
Rising School Diverse Student Body
Grades 06-12
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Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $540
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
$0/mo
+0.5% Rate
$0/mo
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.

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 Jul 14, 2026 3:43 PM 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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