18 Springfield St - Hospitality FOR SALE


Springfield, MA 01107- Liberty Heights
$1,199,000 USD
413-241-4775
18 Springfield St, Springfield, MA for Sale
$1,199,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

18 Springfield St
Springfield, MA 01107
Liberty Heights


OVERVIEW

Once in a life time opportunity to own a successfully operating B and B with a Hoteliers License seconds to I 91 and next to Baystate Medical Center. With a 20 year record of positive cash flow and great reviews this is a business and real estate opportunity you cannot pass on. Two buildings, a three story 8 unit building with 9 baths, with an industrial kitchen and common space. Every unit has its own private luxurious bath and most sleep more than two. The finishes in the property are modern and beautiful. The second building is a 2 bedroom, 2 Bath ranch that could be used as a private residence or used to increase revenue for the B and B. You pick. All mechanicals are updated and the property has tons of tech extras that will save you money and create a contactless operation if desired. Solar drives your electric bills down.

FOR SALE DETAILS

PRICE

$1,199,000 USD

PRICE/SF

$263 USD /SF

# OF ROOMS

8

PRICE/ROOM

$149,875 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Naomi's Inn Bed & Breakfast

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1959

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

Limited Business

APN/PARCEL ID

SPRI-011050-000000-000009

ASK ABOUT THIS PROPERTY

Anthony ArdolinoBerkshire Hathaway CommericalMore Info
413-241-4775

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Anthony ArdolinoBerkshire Hathaway CommericalMore Info
413-241-4775

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.