10 Monroe St, Springfield, MA

$420,000

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6

Beds

2

Baths

1,910

Square feet

0.04

Acres

About 10 Monroe St

Add a strong income-producing property to your portfolio with this two-family home, currently generating $4,800 in total monthly rental income. Leased tenants are in place, with the second-floor unit scheduled to be vacant at the end of October, offering added flexibility for an owner-occupant or investor looking to secure a new tenant at market rent. The low-maintenance yard helps keep upkeep simple and costs manageable. Looking to maximize your return? There is potential to explore the addition of a third-floor unit, subject to obtaining the necessary city permits, approvals, and meeting applicable building requirements.Whether you're an experienced investor looking to expand your portfolio or just getting started in real estate investing, this property offers current rental income and exciting possibilities for future growth. Don't miss this opportunity to invest in your future!

Features of 10 Monroe St

MLS® # 73548440
Price $420,000
Bedrooms 6
Bathrooms 2.00
Full Baths 2
Square Footage 1,910
Acres 0.04
Year Built 1910
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 10 Monroe St
City Springfield
County Hampden
State MA
Zip Code 01109

Amenities

Utilities for Gas Range, for Electric Dryer, Washer Hookup
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 3
Stories 3

School Information

Elementary Per Board Of Ed
Middle Per Board Of Ed
High Per Board Of Ed

Additional Information

Zoning B1

Listing Details

Agent Nicole Flamand
Office Real Broker MA, LLC

Listing Map

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