18-24 Coomes St, Springfield MA 01108
About this home
Introducing a rare investment opportunity in the heart of Springfield, MA—18-24 Coomes Street, a well-maintained 16-unit multifamily property offering strong cash flow and significant long-term value. This property features all three-bedroom, one-bath units, providing a highly desirable layout for tenants and ensuring steady demand in a competitive rental market. Fourteen of the sixteen units have been completely renovated with modern finishes, updated kitchens and bathrooms, new flooring, and fresh paint throughout, creating a turnkey opportunity for investors.Currently grossing over $30,000 per month in rental income, this property is a high-performing asset with upside potential as the remaining two units are brought up to renovated standards. Professionally managed and stabilized, 18-24 Coomes Street is a perfect addition to any portfolio, whether you're a seasoned investor or completing a 1031 exchange. This property also includes 3 parcels.
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18-24 Coomes St, Springfield MA 01108
Springfield, MA 01108
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Property History
Property Timeline
Listed for Sale
Apr 23, 2025| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/23/2025 | 🏠 Listed for Sale | $2,600,000 | - | - | Original listing |