79 Oak Street, Hill McKnightSpringfield, MA 01109MLS Number 73339227

  • Price: $425,000
  • Est. Mortgage of $/month
  • 27 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.67% last updated on Mar 20, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 5Bedrooms
  • 0.17Acreage
  • 4Bathrooms
  • 1905Year Built

Driving Directions

Fantastic investment opportunity in Springfield’s Hill McKnight neighborhood! This well-maintained 4-unit multi-family property delivers strong cash flow with 4600 monthly in current rental income and potential for growth. The layout includes three one-bedroom/one-bath units, and two-bedroom/one-bath unit, all featuring modern appliances, water included in rent, and private entrances. Situated on a generous 7,623 sq. ft. lot, the 2,620 sq. ft. building offers tenants off-street parking, a fenced yard, and city water/sewer services. Recent updates ensure low-maintenance ownership, while its prime location near public transportation, schools (Deberry Elementary, High School of Commerce), parks, and shopping attracts reliable, long-term tenants. Ideal for investors seeking immediate cash flow or portfolio expansion, this turnkey asset combines stability with future appreciation potential in a high-demand rental area. Join our open house on Saturday and Sunday from 11:30pm - 1:30pm.
Listed by Arpan Tiwari of Real Broker MA,LLC

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More Info

Basic Information

  • Gross Income $55,200
  • Lot Features Corner Lot
  • Mls StatusUnder Agreement
  • Parcel Number 2598326
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Location

  • Address79 Oak Street
  • Building Number79
  • CountyHampden
  • NeighborhoodHill McKnight
  • StateMA
  • StreetOak Street
  • SubdivisionHill Mcknight
  • TownSpringfield
  • Zip01109

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric 220 Volts
  • Heat SystemYes
  • Heating Electric
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, Microwave, Refrigerator

Tax Information

  • Tax Assessed Value $335,490
  • Tax Year 2024
  • Taxes$4,950

Basic Information

  • List Price$425,000
  • MLS Number73339227
  • Modification Date03/06/2025
  • Property SubType4 Family - 4 Units Side by Side
  • Purchase Contract Date03/04/2025

Property

  • Acreage0.17

Interior

  • Flooring Wood, Tile, Vinyl, Laminate
  • Interior Features Living Room, Kitchen

Exterior

  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 2,620
  • Lot Size Square Feet 7,623
  • Lot Size Units Acres
  • Square Feet2,620

Parking

  • Parking Features Off Street
  • Parking Spaces5

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms5
  • Full Bath4

Building

  • BasementInterior Entry
  • Building Area Units Square Feet
  • Construction Materials Brick
  • Door Features Insulated Doors
  • FoundationBrick/Mortar
  • Levels 6
  • Patio And Porch Features Porch
  • Rooms13
  • Stories6
  • Units4
  • Utilities For Gas Range, For Electric Range
  • Window Features Insulated Windows
  • Year Built1905
  • Year Built Details Actual
  • Year Built Source Public Records

Other

  • Date Listed02/27/2025
  • Farm Land Area Units Square Feet
  • View Count2
Taylor Real Estate
Taylor Real Estate
Office: 413-527-3375
4 Liberty Street, Suite A
Easthampton, MA 01027

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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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