128 Mill St Springfield, MA 01108
South End NeighborhoodEstimated payment $8,248/month
Total Views
23,699
15
Beds
14
Baths
10,604
Sq Ft
$119
Price per Sq Ft
Highlights
- Medical Services
- Property is near public transit
- Park
- 0.46 Acre Lot
- Jogging Path
- Shops
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,128
Year Built
- Built in 1910
Home Design
- Manufactured Home on a slab
- Brick Foundation
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 10,604 Sq Ft Home
- Property has 1 Level
- Insulated Windows
Bedrooms and Bathrooms
- 15 Bedrooms
- 14 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 14 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Additional Features
- Energy-Efficient Thermostat
- 0.46 Acre Lot
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number S:08675 P:0052,2596020
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Additional Features
- 9 Units
- Net Operating Income $21,300
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | Price Changed | $1,265,000 | -2.7% | $119 / Sq Ft |
| 05/02/2025 05/02/25 | For Sale | $1,300,000 | -- | $123 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Similar Home in Springfield, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73368742
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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