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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Springfield, MA
Listed for sale 6 days ago
$ 300,000
ROI
25.7
Cash Flow/m
494- 11 Bed
- 3 Bath
- 3093 sft
135-137 Albemarle St, Springfield, MA, 01109
Rental Income
Listed for sale 7 days ago
$ 359,900
ROI
35.5Cash Flow/m
1572- 4 Bed
- 2 Bath
- 1710 sft
57-57 E Bay Path Ter #59, Springfield, MA, 01109
Listed for sale 7 days ago
$ 349,999
ROI
21.1Cash Flow/m
134- 6 Bed
- 2 Bath
- 2527 sft
46-48 Narragansett St, Springfield, MA, 01107
Listed for sale 7 days ago
$ 300,000
ROI
28.8Cash Flow/m
752- 11 Bed
- 3 Bath
- 3093 sft
135-137 Albemarle St, Springfield, MA, 01109
Why Invest in Springfield, Massachusetts?
Investing in multi-family properties in Springfield, MA can yield impressive returns. The average ROI for such investments is around 10%, with a rental yield of approximately 8%. Springfield's strong employment base and population growth contribute to high demand in the rental market.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for multi-family properties in Springfield is approximately $1,200 per month. This competitive rate is driven by a consistent demand for rental housing.
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