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
Price cut: $24.9K (7/14)
$475,000
704-708 Sumner Avenue, Springfield, MA 01108
4beds
5,327sqft
:
Get pre-qualified$3,244/mo
Multi Family
Built in 1920
-- sqft lot
$463,000 Zestimate®
$89/sqft
$-- HOA
What's special
Classic brick exteriorMultiple officesReception and waiting areasProminent signageOff-street parkingExcellent frontage
- 61 days |
- 263 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Maxwell Castrogiovanni,
eXp Realty LLC
Source: eXp Realty,MLS#: 73529221
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: $89/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
$463,000
$440,000 - $486,000
$2,070/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $475,000-5%$89/sqft |
Source: eXp Realty #73529221 Report a problem | ||
| 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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
- $---- bd1 ba500 sqft704-708 Sumner Ave #2, Springfield, MA 01108Off Market
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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.
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