18-24 Coomes St, Springfield, MA 01108

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
18-24 Coomes St,Springfield, MA 01108
$2,500,000
  • 48 Beds
  • 16 Baths
  • 16,000 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Fri, Oct 03
    03:00 pm - 04:00 pm
  • Sat, Oct 04
    11:00 am - 12:00 pm
Listed by:andrew rodman
Office:lock and key realty inc.
MLS#:73363700
Source:MLSPIN

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$156.25

About this home

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 highly desirable layout for tenants and ensuring steady demand in a competitive rental market. Fourteen of the sixteen units have been completely renovated with modern finishes, updated kitchens and bathrooms, new flooring, and fresh paint throughout, creating a turnkey opportunity for investors.Currently grossing over $30,000 per month in rental income, this property is a high-performing asset with upside potential as the remaining two units are brought up to renovated standards. Professionally managed and stabilized, 18-24 Coomes Street is a perfect addition to any portfolio, whether you're a seasoned investor or completing a 1031 exchange. This property also includes 3 parcels.

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Home facts

  • Year built:1915
  • Listing ID #:73363700
  • Updated:October 01, 2025 at 10:24 AM

Rooms and interior

  • Bedrooms:48
  • Total bathrooms:16
  • Full bathrooms:16
  • Living area:16,000 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1915
  • Building area:16,000 sq. ft.
  • Lot area:0.23 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$156.25
  • Tax amount:$25,150 (2025)
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