See all 15 photos
$1,199,000
Est. payment /mo
11 BD
10 BA
5,868 SqFt
Pending
18-20 Springfield Street Springfield, MA 01107
UPDATED:
11/21/2024 04:44 PM
Key Details
Property Type Multi-Family
Sub Type 5+ Family - Rooming House
Listing Status Pending
Purchase Type For Sale
Square Footage 5,868 sqft
Price per Sqft $204
MLS Listing ID 73189774
Bedrooms 11
Full Baths 10
Year Built 1925
Lot Size 0.600 Acres
Acres 0.6
Property Description
Once in a life time opportunity to own a successfully operating B and B with a Hoteliers License seconds to I 91 and next to Baystate Medical Center. With a 20 year record of positive cash flow and great reviews this is a business and real estate opportunity you cannot pass on. Two buildings, a three story 8 unit building with 9 baths, with an industrial kitchen and common space. Every unit has its own private luxurious bath and most sleep more than two. The finishes in the property are modern and beautiful. The second building is a 2 bedroom 2 Bathroom ranch that could be used as a private residence or used to increase revenue for the B and B. You pick. All mechanicals are updated and the property has tons of tech extras that will save you money and create a remote operation if desired. Solar drives your electric bills down.
Location
State MA
County Hampden
Direction Off 91 next to Baystate Medical Center
Exterior
Waterfront false
Total Parking Spaces 20
Garage No
Building
Story 4
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Berkshire Hathaway HomeServices Realty Professionals