Cash-flowing 4-family! A great fit for first-time homebuyers needing a vacant, rent-ready unit or long-term investors focused on steady income. With reliable cash flow, low operating expenses, and clear rent-growth potential, it delivers both immediate return and long-term upside. All four units are spacious 2-bed/1-bath layouts with separate utilities that are the tenants’ responsibility. All four units come with lead certificates, and the property is equipped with an alarm system, newer furnaces, newer electrical, dedicated off-street parking, and coin-operated laundry to boost revenue. A strong, stable building in a central location—ready for its next owner to step in and capitalize!
Property Details
Price:
$499,000
MLS #:
73456525
Status:
Active
Beds:
8
Baths:
4
Address:
298 Oakland St
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
City:
Springfield
Listed Date:
Nov 19, 2025
State:
MA
Finished Sq Ft:
3,924
Total Sq Ft:
3,924
ZIP:
01108
Lot Size:
4,600 sqft / 0.11 acres (approx)
Year Built:
1900
Units:
4
See this Listing
I love Western MA! Originally from Michigan and spending the first portion of my adult life in NYC, I was excited to settle in Western MA. I was (and still am) drawn in by the beauty and the commitment to community! Upon arriving, I worked at Holyoke Community College as an ESL instructor and Instructional Designer. After a fulfilling 20-year career in education, I embraced a new path in real estate in 2018. Since launching my real estate career in 2018, I’ve brought the same dedication to und…
More About LindseyMortgage Calculator
Schools
Interior
Bathrooms
4 Full Bathrooms
Exterior
Community Features
Public Transportation
Parking Features
Paved Drive, Shared Driveway, Off Street
Parking Spots
4
Financial
Tax Year
2025
Taxes
$5,502
Map
Community
- Address298 Oakland St Springfield MA
- CitySpringfield
- CountyHampden
- Zip Code01108
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Courtesy of Lock and Key Realty Inc.. 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.
298 Oakland St
Springfield, MA
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