Overview Property Details Payment Calculator Walkability

Pending

18-24 Coomes St, Springfield MA 01108

$2,600,000

Estimated $6,311.72/month Calculator

Multi Family

Total Units: 16

Price Per Unit: $162,500

Total Rent: 98280/year

Estimated CAP Rate: 2.81%

48 Bedrooms

16 Full Baths

16,000 SqFt

Total Parking: 10

10,098 SqFt

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 high...

This home has been viewed 13 times

Last Checked: May 23rd, 2025 at 8:13am (Source: MLS PIN #73363700)

Gross Income: $98,280

Gross Expenses: $25,150

Net Income Calc: $73,130

CAP Rate: 2.81%

Annual Expenses for 18-24 Coomes St, Springfield MA 01108

Total Gross Expenses (Calculated)$25,150/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$25,150

Annual Income & Unit Breakdown for 18-24 Coomes St, Springfield MA 01108

Total Gross Income (Calculated)$98,280

Unit 1

Rental Income$2,090

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$2,075

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$2,025

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$2,000

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 18-24 Coomes St, Springfield MA 01108

Listing ID73363700

Property TypeMulti Family

Price$2,600,000 ($162.5/SqFt)

Style5+ Family - 5+ Units Up/down

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total16,000 SqFt

Approximate Lot Size (Acres)0.23 acres

Total Parking10

Garage Parking

Year Built1915

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsBrick

Lot Features

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor SpacePorch

ZoningR3

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 18-24 Coomes St, Springfield MA 01108

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$336,614

Total Net Income By Broker$41,129

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1.5%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 18-24 Coomes St, Springfield MA 01108

Real Estate Taxes$25,150

Tax Year2025

Assessed Value$1,604,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$336,614

BostonRealEstate.com Gross Income

Total Net Income By Broker$41,129

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.81%

Location Information for 18-24 Coomes St, Springfield MA 01108

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Medical Facility, Laundromat, Public Transportation

Contact Information for 18-24 Coomes St, Springfield MA 01108

Agent

Name: Andrew Rodman

MLS ID: CN218763

Office ID: AN5521

National Association ID: 452509222

Address: 54 West Crystal Brook Drive

City: Springfield

State: MA

Zip: 01114

Office

Name: Lock and Key Realty Inc.

MLS Office ID: AN5521

Phone: 413-282-8080

Payment Calculator

$18,116.20 per month

30 Years Fixed, 6.75% Interest

Property Taxes $2,095.83

Principal & Interest $16,020.37

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lock and Key Realty Inc.

Andrew Rodman

Agent Phone

Office Phone

(413) 282-8080

Text Agent Call Agent Call Office

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EXIT

Pending

18-24 Coomes St, Springfield MA 01108

$2,600,000

Annual Expenses for 18-24 Coomes St, Springfield MA 01108

Annual Income & Unit Breakdown for 18-24 Coomes St, Springfield MA 01108

General Information for 18-24 Coomes St, Springfield MA 01108

Disclosures for 18-24 Coomes St, Springfield MA 01108

Financial Information for 18-24 Coomes St, Springfield MA 01108

Location Information for 18-24 Coomes St, Springfield MA 01108

Contact Information for 18-24 Coomes St, Springfield MA 01108

Agent

Office

Payment Calculator

Exclusive Listing Agent

Lock and Key Realty Inc.

Andrew Rodman