580 Plainfield St Springfield, MA 01107
Brightwood NeighborhoodEstimated payment $3,800/month
Total Views
12,886
12
Beds
4
Baths
6,696
Sq Ft
$89
Price per Sq Ft
Highlights
- Medical Services
- Wood Flooring
- Upgraded Countertops
- Property is near public transit
- Corner Lot
- Balcony
About This Home
Turn-key 4-family investment opportunity featuring four oversized 3-bedroom, 1-bath units, each nearly 1,700 sq ft and including a living room, kitchen, and enclosed porch. Recent updates include new flooring, new kitchens, updated bathrooms, and fresh paint. All four units are currently rented to tenants in good standing, generating over $72,000 in annual gross rental income, with strong potential for further increases. All units have lead certificates, and utilities are separately metered, with tenants paying all except water. The property is professionally managed and includes a paved driveway with off-street parking for two vehicles. A spacious, well-maintained asset offering immediate cash flow and long-term upside.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,504
Year Built
- Built in 1925
Lot Details
- 6,042 Sq Ft Lot
- Corner Lot
Home Design
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 6,696 Sq Ft Home
- Property has 1 Level
- Living Room
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Freezer
- Upgraded Countertops
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
- 4 Full Bathrooms
- Bathtub
Parking
- 2 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Enclosed Patio or Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating System Uses Natural Gas
- Heating System Uses Steam
- 110 Volts
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number S:09775 P:0136,2601847
Community Details
Amenities
- Medical Services
- Shops
Recreation
- Park
Additional Features
- 4 Units
- Net Operating Income $72,012
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 |
|---|---|---|---|---|
| 08/10/2025 08/10/25 | For Sale | $599,000 | 0.0% | $89 / Sq Ft |
| 07/08/2025 07/08/25 | Pending | -- | -- | -- |
| 05/19/2025 05/19/25 | For Sale | $599,000 | 0.0% | $89 / Sq Ft |
| 04/21/2025 04/21/25 | Pending | -- | -- | -- |
| 04/07/2025 04/07/25 | For Sale | $599,000 | +105.1% | $89 / Sq Ft |
| 12/27/2019 12/27/19 | Sold | $292,000 | -2.3% | $44 / Sq Ft |
| 11/12/2019 11/12/19 | Pending | -- | -- | -- |
| 10/14/2019 10/14/19 | For Sale | $299,000 | +39.1% | $45 / Sq Ft |
| 03/30/2018 03/30/18 | Sold | $215,000 | -8.5% | $32 / Sq Ft |
| 01/30/2018 01/30/18 | Pending | -- | -- | -- |
| 01/14/2018 01/14/18 | For Sale | $235,000 | 0.0% | $35 / Sq Ft |
| 10/15/2015 10/15/15 | Rented | $900 | 0.0% | -- |
| 09/15/2015 09/15/15 | Under Contract | -- | -- | -- |
| 07/15/2015 07/15/15 | For Rent | $900 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Similar Homes in Springfield, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73355699
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