128 Mill St
Springfield, Massachusetts

Listed By CENTURY 21 AllPoints Realty

The Commercial Property for Sale located at Springfield, Massachusetts is currently for sale. Springfield, Massachusetts is listed for $1,300,000. If the property located at Springfield, Massachusetts isn't what you're looking for, visit https://www.century21global.com to see other Commercial Properties for Sale in Springfield .

Date Updated : May 3, 2025

MLS#: 73368742

$1,300,000 USD

  • Minimum sellable space
    985m²  (10,604ft²)
The details

Property features

Construction details

  • Year built: 1910

Area

  • Property size: 985m²  (10,604ft²)

Description

Rare investment opportunity in the heart of Springfield! This 14 unit property offers a blend of historic character & modern functionality. The front building, built 1910, features 6 units with timeless charm including original woodwork & decorative fireplaces - plus a large, finished attic unit offering additional rental income potential. Connected at the rear, the 1975-built addition has 8 units, each with tenant paid electric. The property has recently received many updates including a 5 year old high efficiency boiler (owner paid heat/hot water), along with a newer on-demand hot water system. Several units have been recently renovated & the back building has been sub-metered to enhance operational efficiency. There is a large basement with space for on-site office build-out as well. With ample off-street parking and a convenient location near public transportation, employers, and major highways, this is an ideal investment opportunity in a thriving multifamily market!

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Location

Springfield, Massachusetts
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