18-24 Coomes St Springfield, MA 01108
Property details
About 18-24 Coomes St
Introducing a rare investment opportunity in the heart of Springfield, MA—18-24 Coomes Street, a well-maintained 16-unit multifamily property offering strong cash flow and significant long-term value. This property features all three-bedroom, one-bath units, providing a highly desirable layout for tenants and ensuring steady demand in a competitive rental market. Fourteen of the sixteen units have been completely renovated with modern finishes, updated kitchens and bathrooms, new flooring, and fresh paint throughout, creating a turnkey opportunity for investors.Currently grossing over $30,000 per month in rental income, this property is a high-performing asset with upside potential as the remaining two units are brought up to renovated standards. Professionally managed and stabilized, 18-24 Coomes Street is a perfect addition to any portfolio, whether you're a seasoned investor or completing a 1031 exchange. This property also includes 3 parcels.
Highlights
Summary
- Full Bathrooms: 16
- Basement: Yes
- Flooring Type: Vinyl
- Total Bedroom Count: 48
- Parking: Paved Drive, Off Street, Paved
- List Price: $2,600,000
- Price/SqFt: $162
- Directions: Edgeland st to Coomes st
- Year Built: 1915
- Stories: 5
- Living Area: 16,000 SqFt
- Lot Size: 0.23 Acres
- MLS Number: 73363700
- MLS Name: MLS Property Information Network
- Office Name: Lock and Key Realty Inc.
- Office Phone: (413) 282-8080
- Listing Agent: Andrew Rodman
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/20/2025, 8:20:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,600,000
18-24 Coomes St
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Price information
Property sales
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Nearby schools
4
Sumner Avenue
Public District PK-5
0.3 mi
•45 Sumner Ave
3
Kensington International School
Public District PK-5
0.8 mi
•31 Kensington Ave
5
Milton Bradley School
Public District PK-5
1.0 mi
•22 Mulberry St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,155. The most common annual income of people living in Springfield, MA is less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Soccer- UFC
Where do the neighbors shop?
Burlington
Forever 21
Family Dollar
Where do the neighbors go to eat?
Popeyes
Dominos Pizza
Burger King
What do the neighbors drive?
Dodge
Mazda
Buick
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Contemporary Inspirational
This home is located at 18-24 Coomes St in Springfield, MA and zip code 01108 in the Forest Park neighborhood. This 16,000 square foot home, which was built in 1915, sits on a 0.23 acre lot. Features: 48 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $2,600,000.
Over 55 listings were sold over their listed price in April 2025 in Springfield, MA. In the same period over 23 listings were sold below the listed price and 8 listings were sold for the listed price. The number of homes for sale in Springfield, MA increased by 7.4% between March and April 2025. While the average time on the market in April 2025 was 38 days, the median list price was $303,866.