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704-708 Sumner Avenue, Springfield MA 01108

Active

704-708 Sumner Avenue, Springfield MA 01108

$499,900

Estimated $1,350/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $249,950

Total Rent: 0/year

Estimated CAP Rate:

4 Bedrooms

Baths

5327

Total Parking: 3

4,791 (0.11)

Prime Mixed-Use Investment Opportunity! 704-708 Sumner Ave offers a unique opportunity to own a mixed-use property with both commercial and residentialincome potential. The street-level commercial space features excellent frontage, prominent signage, multiple offices, reception and waiting areas, making it idealfor professional, medical, retail, or service-based businesses. Above, residential apartments provide additional income and long-term investment value. Theproperty offers off-street parking, separate utilities, multiple electrical panels, 15 year old roof and a flexible layout suited for owner-occupants and investors alike.Earning $4,700 per month rental income, there is room to increase rents to market rent. Its classic brick exterior provides timeless curb appeal while its high-trafficlocation ensures outstanding visibility. Conveniently located near Forest Park, MGM Springfield, downtown Springfield, & major highways including I-91 & the MATurnpike.

This home has been viewed 24 times

Last Checked: June 12th, 2026 at 8:48am (Source: MLS PIN #73529221)

Gross Income: $0

Gross Expenses: $6,478

Net Income Calc: $6,478

Annual Expenses for 704-708 Sumner Avenue, Springfield MA 01108

Total Gross Expenses (Calculated)$6,478/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6478

Annual Income & Unit Breakdown for 704-708 Sumner Avenue, Springfield MA 01108

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 704-708 Sumner Avenue, Springfield MA 01108

Listing ID73529221

Property TypeMulti Family / 2 Family

Price499900 ($93.84/SqFt)

Style2 Family - Rooming House

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total5327

Approximate Lot Size (Acres)0.11

Total Parking3

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningB1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 704-708 Sumner Avenue, Springfield MA 01108

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator And Some Personal Belongings

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 704-708 Sumner Avenue, Springfield MA 01108

Real Estate Taxes6478

Tax Year2026

Assessed Value$404,900

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 704-708 Sumner Avenue, Springfield MA 01108

Neighborhood(s)

Area Amenities

Contact Information for 704-708 Sumner Avenue, Springfield MA 01108

Agent

Name: Maxwell Castrogiovanni

Office

Name: eXp Realty

Phone: 888-854-7493

Team Members

Payment Calculator

, Interest

Property Taxes 539.83

Principal & Interest 3080.22

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

Maxwell Castrogiovanni

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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EXIT

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