18-20 Springfield Street Pending

Springfield,MA 01107

$ 1199000

11 Beds

10 Baths

5868 SqFt


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

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