26-28 Parker St, Springfield, MA 01151

Property Description

Current rent roll: $6,700/month (one vacant unit)Pro forma rent roll: $7,700/month once fully leased (remaining unit estimated at $1,000/month based on market comps) Great investment opportunity - This mixed-use property offers a total gross building area of approximately 9,494 square feet and includes two storefronts, three residential units above the commercial space, and a separate two-family in the rear, providing multiple income streams and long-term tenant stability. The left storefront includes a large display window, two spacious rooms and oil heat. The right storefront offers a prominent display window, open layout, and gas heat. Above the storefronts are three residential units: a three-bedroom one-bath unit with oil heat, hardwood floors, and a rear porch; a two-bedroom one-bath unit with gas heat, hardwood floors, and rear and side. porch; and a one-bedroom one-bath unit with gas heat, hardwood floors, and a porch. In the rear of the property is a separate two-family featuring a three-bedroom one-bath unit with a front porch and gas heat, as well as a two-bedroom one-bath unit with a front porch and gas heat.