580 Plainfield St Springfield, MA 01107
Property details
About 580 Plainfield St
Turn-key 4-family investment opportunity featuring four oversized 3-bedroom, 1-bath units, each nearly 1,700 sq ft and including a living room, kitchen, and enclosed porch. Some of the recent updates include new flooring, new kitchens, updated bathrooms, and fresh paint. Two units are currently rented to tenants in good standing, and the other two have been freshly renovated and are rent-ready for market-rate tenants. The property generated over $61,000 in gross rental income last year with all four units occupied, and offers strong potential for increased returns. All units have lead certificates, and utilities are separately metered, with tenants paying all except water. The property is professionally managed and includes a paved driveway with off-street parking for two vehicles. A spacious, well-maintained asset offering immediate cash flow and long-term upside. Open House: Sunday, April 13th from 12:00–1:00 PM
Highlights
Summary
- MLS Number: 73355699
- MLS Name: MLS Property Information Network
- Office Name: MP Signature Realty LLC
- Office Phone: (781) 322-6928
- Listing Agent: Kevin Li
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: 4/15/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$599,000
580 Plainfield St
$7,113
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 30, 2018 | Home Sold | $215,000 |
| Dec 05, 2016 | Home Sold | $190,000 |
| Sep 30, 2005 | Home Sold | $245,000 |
| Oct 27, 1987 | Home Sold | $145,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $405,000 | $6,504 |
| 2022 | $341,400 | $6,425 |
| 2021 | $266,900 | $5,044 |
| 2020 | $227,500 | $4,443 |
| 2019 | $186,600 | $3,672 |
History based on county public records data.
Nearby schools
2
Brightwood
Public District PK-5
0.2 mi
•471 Plainfield St
4
German Gerena Community School
Public District PK-5
0.4 mi
•200 Birnie Ave
1
Lincoln
Public District KG-5
0.6 mi
•732 Chestnut 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 $16,828. Typical income of Springfield, MA residents is less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
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?
UFC- Pro Boxing
Figure Skating
Where do the neighbors shop?
Family Dollar
Burlington
Chico's
Where do the neighbors go to eat?
Burger King
Popeyes
Church's Chicken
What do the neighbors drive?
Buick
Dodge
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
News
This home is located at 580 Plainfield St in Springfield, MA and zip code 01107 in the Brightwood neighborhood. This 6,696 square foot home, which was built in 1925, sits on a 0.14 acre lot. Features: 12 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $599,000.
In March 2025 more than 63 listings in Springfield, MA were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 17 were sold below. Between February and March 2025, Springfield, MA real estate market has seen increase in the number of listings by 16.1%. The median list price of listings available in March 2025 was $304,000, while the average time on the real estate market was 34 days.