Income Producing, Revenue Generating Urban Strip Mall For Sale in Densely Populated Area in the Forest Park Community of Springfield, MA. Sellers have decided to retire after decades of successful ownership creating a great opportunity for savvy long time investors or new income property owners. This property has 100k in yearly income with only 22k in expenses. NOI of 78k and acquisition cost of 695k = 11 cap. Great place to get a return on your money. Long term, solid tenants. Plenty of off street parking.
This home has been viewed 23 times
Last Checked: May 7th, 2024 at 8:37am (Source: MLS PIN #73182857)
General Information for 163-171 White St, Springfield MA 01108
Listing ID73182857
Property TypeCommercial Sale / Commercial
Price$695,000
Style
CitySpringfield
CountyHampden
MLS AreaForest Park
Neighborhood(s)
Garage Parking
ZoningSR2B1
AssociationNo
Year Built1920
Year Built Source
Year Renovated
Year Built Details
Handicap Access / FeaturesNo
Energy Features
Disclosures for 163-171 White St, Springfield MA 01108
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Senior CommunityNo
Special Listing Conditions
For Sale By OwnerNo
Exclusions
Disclosures
Title 5
Buyer Agent Compensation2.5%%
Facilitator Compensation2.5%%
Sub-Agent Compensation
Compensation Based On
Contact Information for 163-171 White St, Springfield MA 01108