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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

Rental Income
Listed for sale 3 days ago
$ 450,000
ROI
27.8
Cash Flow/m
1004- 6 Bed
- 3 Bath
- 2670 sft
485 Bay St, Springfield, MA, 01109

$ 340,000
ROI
30.7
Cash Flow/m
1037- 4 Bed
- 2 Bath
- 1696 sft
456-458 Page Blvd, Springfield, MA, 01104

$ 340,000
ROI
21.5
Cash Flow/m
167- 4 Bed
- 2 Bath
- 1696 sft
456-458 Page Blvd, Springfield, MA, 01104

$ 333,000
ROI
21.3
Cash Flow/m
144- 4 Bed
- 2 Bath
- 1776 sft
14 Adams St, Springfield, MA, 01105
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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