Team Valdez Mejia
Keller Williams Realty
(351) 208-2030
158 Total Sales
1 in Forest Park
$519,900 Price
298 Oakland St Springfield, MA 01108
Forest Park Neighborhood
8
Beds
4
Baths
3,924
Sq Ft
4,600
Sq Ft Lot
About This Home
As of January 2026Cash-flowing 4-family! A great fit for first-time homebuyers needing a vacant, rent-ready unit or long-term investors focused on steady income. With reliable cash flow, low operating expenses, and clear rent-growth potential, it delivers both immediate return and long-term upside. All four units are spacious 2-bed/1-bath layouts with separate utilities that are the tenants’ responsibility. All four units come with lead certificates, and the property is equipped with an alarm system, newer furnaces, newer electrical, dedicated off-street parking, and coin-operated laundry to boost revenue. A strong, stable building in a central location—ready for its next owner to step in and capitalize!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,502
Year Built
- Built in 1900
Home Design
- Quadruplex
- Block Foundation
Interior Spaces
- 3,924 Sq Ft Home
- Property has 1 Level
- Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Shared Driveway
- 4 Open Parking Spaces
- Off-Street Parking
Additional Features
- Enclosed Patio or Porch
- 4,600 Sq Ft Lot
- Property is near public transit
- 4 Heating Zones
Community Details
- 4 Units
- Net Operating Income $47,400
Listing and Financial Details
- Total Actual Rent $4,100
- Assessor Parcel Number S:09210 P:0059,2598600
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Forest Park, MA
-
Team Valdez Mejia
-
Susan Lyons
Susan Lyons
HB Real Estate, LLC
(860) 901-1458
43 Total Sales
4 in Forest Park
$253K - $317K Price Range
-
Karol Makusiewicz
Karol Makusiewicz
Signature Realty
(413) 314-2949
63 Total Sales
3 in Forest Park
$262K - $401K Price Range
-
Mela Dieujuste
Mela Dieujuste
IVerty Realty, LLC
(413) 241-7854
88 Total Sales
10 in Forest Park
$220K - $453K Price Range
-
Patricia Almeida Vega
Patricia Almeida Vega
Vega Realty, LLC
(774) 214-2177
68 Total Sales
1 in Forest Park
$330,000 Price
-
Valerie MacNeil
Valerie MacNeil
Responds QuicklyKazantzis Real Estate, LLC
(860) 544-2381
106 Total Sales
1 in Forest Park
$355,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/30/2026 01/30/26 | Sold | $520,000 | +4.2% | $133 / Sq Ft |
| 12/03/2025 12/03/25 | Pending | -- | -- | -- |
| 11/19/2025 11/19/25 | For Sale | $499,000 | -- | $127 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Agents Affiliated with this Home
-
Jessica Mekal
Seller's Agent in 2026
Jessica Mekal
Lock and Key Realty Inc.
(413) 519-1423
5 in this area
19 Total Sales
-
Javier Carias
J
Buyer's Agent in 2026
Javier Carias
eXp Realty LLC
1 in this area
5 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73456525
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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