Prime Mixed-Use Investment Opportunity! 704-708 Sumner Ave offers a unique opportunity to own a mixed-use property with both commercial and residentialincome potential. The street-level commercial space features excellent frontage, prominent signage, multiple offices, reception and waiting areas, making it idealfor professional, medical, retail, or service-based businesses. Above, residential apartments provide additional income and long-term investment value. Theproperty offers off-street parking, separate utilities, multiple electrical panels, 15 year old roof and a flexible layout suited for owner-occupants and investors alike.Earning $4, 700 per month rental income, there is room to increase rents to market rent. Its classic brick exterior provides timeless curb appeal while its high-trafficlocation ensures outstanding visibility. Conveniently located near Forest Park, MGM Springfield, downtown Springfield, & major highways including I-91 & the MATurnpike.
For sale
$499,900
704-708 Sumner Avenue, Springfield, MA 01108
4beds
5,327sqft
Multi Family
Built in 1920
-- sqft lot
$498,100 Zestimate®
$94/sqft
$-- HOA
What's special
Classic brick exteriorMultiple officesReception and waiting areasProminent signageOff-street parkingExcellent frontage
- 9 days |
- 349 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Maxwell Castrogiovanni,
eXp Realty
Source: eXp Realty,MLS#: 73529221
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Living Room, Kitchen
- Basement: Full, Unfinished
- Has fireplace: No
Interior area
- Total structure area: 5,327
- Total interior livable area: 5,327 sqft
- Finished area above ground: 5,327
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive
- Uncovered spaces: 3
Features
- Stories: 2
Lot
- Size: 4,791 Square Feet
- Features: Level
Details
- Parcel number: 2607702
- Zoning: B1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Concrete Perimeter
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $94/sqft
- Tax assessed value: $404,900
- Annual tax amount: $6,478
- Date on market: 6/3/2026
- Listing agreement: Exclusive Right To Sell
- Total actual rent: 0
Estimated market value
$498,100
$473,000 - $523,000
$2,400/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Listed for sale | $499,900+287.5%$94/sqft |
Source: eXp Realty #73529221 Report a problem | ||
| 3/16/2021 | Sold | $129,000+51.8%$24/sqft |
Source: Public Record Report a problem | ||
| 3/16/2016 | Sold | $85,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $321,600 +2.2% |
| 2024 | -- | $314,700 +26.7% |
| 2023 | -- | $248,400 +2.5% |
| 2022 | -- | $242,300 -3.3% |
| 2021 | -- | $250,500 +4% |
| 2020 | -- | $240,800 -1.4% |
| 2019 | -- | $244,100 +8.1% |
| 2018 | -- | $225,900 +0.2% |
| 2017 | -- | $225,500 +1.4% |
| 2016 | -- | $222,300 +1.1% |
| 2015 | -- | $219,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Forest Park
Nearby schools
GreatSchools rating
- 7/10White Street SchoolGrades: PK-5Distance: 0.2 mi
- 3/10Forest Park Middle SchoolGrades: 6-8Distance: 0.7 mi
- NASpringfield High SchoolGrades: 9-12Distance: 0.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Massachusetts
- Hampden County
- Springfield
- 01108
- Forest Park
- 704-708 Sumner Avenue
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