52-56 Loring St, Springfield, MA 01105

This exceptional multifamily investment portfolio in Springfield, Massachusetts, presents a compelling value-add opportunity. Located at 52-56 Loring St, this portfolio comprises two buildings situated on a 0.114-acre lot, zoned R3. The property consists of three income-generating units, offering immediate cash flow potential. Built in 1908, the buildings offer a combined 3,334 square feet. The portfolio is classified as Class D and presents a strong 8.50% cap rate, making it an attractive investment for experienced investors seeking to maximize returns. The asking price is $400,000. This is an ideal opportunity for investors looking to expand their holdings or enter the multifamily market in a desirable Springfield location. The property's potential for value enhancement through renovations or upgrades further enhances its appeal. The portfolio's strong cash flow, combined with its potential for appreciation, makes it a compelling investment proposition. The convenient location in Springfield, MA, offers easy access to local amenities and transportation. This is a rare opportunity to acquire a well-positioned multifamily portfolio with significant upside potential. Don't miss out on this chance to secure a profitable investment in a thriving market.