Active
125 Days on market
704-708 Sumner Avenue Springfield — Photo 1 of 40

704-708 Sumner Avenue Springfield — Photo 1 of 40

Recent Drop: $15,000

$475,000
$460,000

$460,000

704-708 Sumner Avenue, Springfield, MA 01108

Springfield, MA 01108

Investor Analysis

Beds

4

Baths

2

SqFt

5,327

Style

2 Family - Rooming House

Built

1920

Prime Mixed-Use Investment Opportunity! 704-708 Sumner Ave offers a unique opportunity to own a mixed-use property with both commercial and residentialincome potential. The street-level commercial space features excellent frontage, prominent signage, multiple offices, reception and waiting areas, making it idealfor professional, medical, retail, or service-based businesses. Above, residential apartments provide additional income and long-term investment value. Theproperty offers off-street parking, separate utilities, multiple electrical panels, 15 year old roof and a flexible layout suited for owner-occupants and investors alike.Earning $4,700 per month rental income, there is room to increase rents to market rent. Its classic brick exterior provides timeless curb appeal while its high-trafficlocation ensures outstanding visibility. Conveniently located near Forest Park, MGM Springfield, downtown Springfield, & major highways including I-91 & the MATurnpike.

Key facts

It was listed on June 3, 2026. The price has come down from an original $499,900 to $460,000 across 2 changes, most recently on August 26, 2026. The annual property taxes are $6,478 (2026 tax year). It sits on a 0.11-acre (4,791 sq ft) lot.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$86/sqft
Local Avg (Springfield)$211/sqft
59% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Springfield, MA.

Property Details

Financials

Original Price$499,900
Annual Taxes$6,478

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms8
FireplacesNone
Flooring--
BasementFull, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningB1

Property & Lot

Acres0.11
SqFt Lot4,791
Lot FeaturesLevel

Geography

Property History

Price Drop
$460,000

Was $475,000

Aug 26, 2026

MLS® 73529221

Price Drop
$475,000

Was $499,900

Jul 14, 2026

MLS® 73529221

Listed
$499,900

Jun 3, 2026

MLS® 73529221

Questions about this home

When was 704-708 Sumner Avenue, Springfield listed?

704-708 Sumner Avenue, Springfield was listed on June 3, 2026.

Has the price of 704-708 Sumner Avenue, Springfield changed?

The price has come down from an original $499,900 to $460,000 across 2 changes, most recently on August 26, 2026.

What are the property taxes for 704-708 Sumner Avenue, Springfield?

The annual property taxes for 704-708 Sumner Avenue, Springfield are $6,478 (2026 tax year).

How big is the lot at 704-708 Sumner Avenue, Springfield?

704-708 Sumner Avenue, Springfield sits on a 0.11-acre (4,791 sq ft) lot.

What is the status of 704-708 Sumner Avenue, Springfield?

704-708 Sumner Avenue, Springfield is actively listed for sale.

Population

27,405

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$51K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

54.9%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Hampden County

358 housing units permitted in the last 12 months (+18% vs the prior 12 months) — 63 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Maxwell Castrogiovanni

Listing Office: eXp Realty LLC

MLS® Number: 73529221