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$ 1,199,000
Est. payment /mo
Pending
18-20 Springfield Street Springfield, MA 01107
0.6 Acres Lot
UPDATED:
11/21/2024 04:44 PM
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 73189771
HOA Y/N false
Year Built 1925
Annual Tax Amount $14,396
Tax Year 2023
Lot Size 0.600 Acres
Acres 0.6
Property Description
Once in a life time opportunity to own a successfully operating B and B with a Hoteliers License seconds to I 91 and next to Baystate Medical Center. With a 20 year record of positive cash flow and great reviews this is a business and real estate opportunity you cannot pass on. Two buildings, a three story 8 unit building with 9 baths, with an industrial kitchen and common space. Every unit has its own private luxurious bath and most sleep more than two. The finishes in the property are modern and beautiful. The second building is a 2 bedroom 2 Bath ranch that could be used as a private residence or used to increase revenue for the B and B. You pick. All mechanicals are updated and the property has tons of tech extras that will save you money and create a contactless operation if desired. Solar drives your electric bills down.
Location
State MA
County Hampden
Zoning R2
Direction Off 91 next to Baystate Medical Center
Exterior
Utilities Available Public Water, Public Sewer
Total Parking Spaces 20
Others
Senior Community false
Listed by Berkshire Hathaway HomeServices Realty Professionals