Investor Take Notice: opportunity to own a fully renovated multi-family property, Investment property with a positive cash Flow. The property has two rented apartments & has been Renovated and with many updates. Beautiful 1st & 2nd floor apartments, Both apartments have been remodel & Feature three bedrooms with hardwood flooring and one bath; The kitchen is equipped with a gas stove, refrigerator, microwave, and garbage disposal. The 1st Floor & 2nd Floor are currently being rented as 3 Bedroom apartments. The 1st features a spacious living area, updated large kitchens & updated bathroom & side entrance porch. The 2nd floor ?features a large living room, oversized main bedroom, private porch access, and lots of closet space. Both tenants are on lease The property has positive cash flow and more space or rooms available that can be converted. The 1st Floor & 2nd Floor could also be rented as 4th Bedroom units. The 3rd floor has space that can be converted into an additional One Bedroom or Studio apartment. The 3rd Floor Space is currently vacant & the 1st Floor has one Bedroom? space being used by the owner as storage space. The Tenants pay for their own utilities. The basement is large, with lots storage space, natural light, cement floor, clean and Washer and Dryer hookups for the tenants on the 1st & 2nd floors. The Washer & Dryers in the basement belong to the tenants. The property has a large fence backyard that can be used for activities @ the property, with two private driveways and ample off street parkings for the tenants apartments. Property is within minutes to the highway, downtown, MGM, Baystate Medical Center & Mercy Hospital.
Must-see duplex offering the perfect blend of comfortable living and investment potential in a prime Springfield location. Whether you are an investor looking to expand your portfolio or a first-time homebuyer seeking rental income, this property delivers flexibility and long-term value.Built in 1988, this well-maintained side-by-side duplex features two spacious units, each offering three bedrooms, one and a half bathrooms, with an open-concept main level and functional layouts perfect for families or tenants. Each unit includes a private basement with separate gas heat, water heater, and laundry hookups.Situated on a generously sized lot with an oversized backyard and four covered parking spaces, this property is conveniently located near hospitals, schools, shopping, and major highways.Don't miss this rare opportunity to own a property that combines comfort, convenience, and lasting value.
NEW PRICE! Excellent opportunity to own this well-maintained two-family home, perfect for owner-occupants or investors! Both units are vacant, offering immediate flexibility for rental income or multigenerational living. This property features a Letter of Full Deleading Compliance, providing added peace of mind. Recent improvements include a newly installed white vinyl privacy fence, two brand-new hot water tanks, both boilers professionally serviced with new replacement parts, and all basement windows replaced. Conveniently located near shopping, restaurants, parks, schools, and major highways, this move-in ready property is one you won't want to miss!
Excellent opportunity to own a lead-certified three-family property offering strong income potential and valuable updates. This well-maintained multi-family features two spacious units with three bedrooms each and a third-floor unit with two bedrooms, all offering comfortable living spaces with updated kitchens featuring modern cabinetry and countertops. Major improvements include newer heating systems and updated electrical service, helping to provide peace of mind for years to come. Outside, you'll find a large yard with plenty of space for outdoor enjoyment, along with ample off-street parking adds to the property's appeal for both owners and tenants. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this versatile property is an outstanding opportunity in a convenient Springfield location.
Solid two-family in Springfield's Old Hill neighborhood — a true sweat-equity opportunity. The big-ticket exterior work is already done: newer roof, newer siding, and newer windows mean the envelope is tight and your budget goes straight into the interior. Built in 1914, 1,924 sq ft, 6 bedrooms and 2 baths across two units, on a 7,501 sq ft lot. Interior is in need of renovation and priced accordingly — bring your vision and your contractor. Strong rental demand and recent comparable sales on this street support the upside. Easy to show. Sold as-is; buyer to perform all due diligence and verify all information.
Spacious multi-family property located at 109 Grover St, Springfield, MA, offering 4,953 sq ft of living area on a 4,953 sq ft lot. This well-maintained residence features 12 generously sized bedrooms and six full bathrooms, providing ample space and flexibility across its units.Each bedroom offers comfortable private living, and the bathrooms are thoughtfully designed for convenience and functionality. With its substantial size and multi-unit layout, this property presents a strong opportunity for investors or owner-occupants seeking rental income, multi-generational living, or a versatile housing arrangement.Located in a desirable Springfield neighborhood, 109 Grover St delivers significant potential and value for a wide range of buyers.
Investors take notice! New families take notice! Large 2 family, with 2 fully occupied unites. This can be an investment property, or it can be a great starter home for a new family. Both unites are at the end of their 1year lease but is willing to stay. The first unit is a 1 level 2bedroom 1bath unite. The 2nd floor is a 2 level 4 bedroom 1bath unite. This property is across the street from a children's playground, close to schools, shopping centers, parks, and walking distance from all the amenities Springfield has to offer.
Three-family home offers spacious apartments with lead certificates for 1st and 2nd floor units. Each unit features 3 bedrooms, a full bath, a bright living room, formal dining room, and an eat-in kitchen. Outside, a covered front porch, off-street parking and fenced yard, add to the property's everyday convenience and tenant appeal. Whether you're looking to expand your investment portfolio or secure an income-producing property with long-term potential, this multifamily is one you won't want to miss.
Legal TWO Family home. Excellent investment opportunity just minutes from Forest Park! This well-maintained Springfield multifamily offers a strong income-producing opportunity, making it an excellent fit for investors or owner-occupants alike. Situated on a corner lot, the property features a welcoming front porch. Inside, the units offer practical, comfortable layouts with 2 bedrooms and a full bath each! Exterior stair access and a usable backyard provide added convenience. Level yard on a corner lot! With established rental income already in place and one unit currently without a lease, this property presents flexibility for future occupancy or leasing opportunities. Lead certificate available for 1st Floor only. Potential expansion of the 2nd floor unit to the third floor to allow for more bedrooms.
Attention investors and owner-occupants—this is the opportunity you’ve been waiting for! Spacious two-family offering outstanding income potential and room to grow. The first unit features 3 bedrooms, 1 full bath, a large kitchen with refrigerator, stove, and microwave, plus an enclosed porch. The second unit boasts 6 bedrooms, 2 full baths, a kitchen with refrigerator and stove, washer and dryer hookups, and its own enclosed porch. A partially finished basement offers abundant storage and additional usable space. Recent upgrades include a newer roof, energy-efficient solar panels, and a newly paved driveway with off-street parking for approximately 6 vehicles. Conveniently located near schools, parks, shopping, restaurants, laundromats, and public transportation. Whether you’re looking to maximize rental income or offset your mortgage with tenant income, this property checks the boxes.
This well-maintained, classic Two family property offers an exceptional opportunity for investors or owner-occupants looking to build equity in a highly walkable Springfield neighborhood. Spanning over 3,000 square feet, the spacious two-family residence features functional layouts with classic wood flooring and large windows that draw in fantastic natural light. Each unit offers generous living and dining areas alongside practical kitchens with excellent workspace. The comfortable bedrooms serve as peaceful private retreats, complemented by clean baths and dependable individual utilities. Outside, the property provides essential off-street parking for up to three vehicles and a usable basement for additional storage. Located steps to public transit, minutes to MGM casino, parks, highways. This property stands as a highly convenient and promising investment. Second floor unit vacant/ easy to show. Listing agent for LB and showing instructions.
Welcome to 15-17 Santa Barbara St. Springfield Ma. 01104. This fully vacant two unit home offers exceptional flexibility for both homeowners and investors alike. Whether you're looking to offset your mortgage by owner occupying one unit or expanding your investment portfolio, this property is ready for its next chapter. Each spacious apartment features 2 bedrooms and 1 full bath. They both have functional layouts with lots of natural light. The 2nd floor boasts a generous sized pantry, two private porches, and a versatile floor plan that offers the potential to be converted into a 3 bedroom unit that will create even more value and rental income potential. Major updates have been completed for added peace of mind, including a roof that is approximately 2 years old (APO) both furnaces and all 4 mini split systems were installed within the last 2 years (APO). Both units will be delivered completely vacant. This gives you the opportunity to choose your own tenants, and set market rents.
Excellent opportunity for investors seeking a fully occupied income-producing property! This well-maintained two-family home features two spacious units, each offering 3 bedrooms and 2.5 bathrooms with functional layouts designed for comfortable living. Bright living areas, generously sized bedrooms, and kitchens with ample cabinet space provide an attractive setup for tenants. The lower-level also includes two additional rooms in each unit that offer flexibility for use as bedrooms, home offices, fitness rooms, or bonus living space.The property also features off-street parking and a shared backyard, adding convenience and appeal for residents. Conveniently located near Forest Park, schools, shopping, restaurants, public transportation, and major commuter routes including Route 5 and I-91. With both units fully tenant occupied, this property offers immediate rental income and presents an excellent opportunity to expand your investment portfolio in a desirable Springfield location.
Welcome to this newer-construction duplex in Springfield's highly desirable Sixteen Acres neighborhood, just moments from Boston Road. Whether you're looking to expand your investment portfolio or secure a low-maintenance, income-producing property, this well-maintained multi-family home offers exceptional value.Each spacious unit features central air conditioning, a combination of durable tile flooring and luxury vinyl plank, and a full basement with washer and dryer hookups for added convenience. Unit 127 also includes a bonus fourth bedroom and a brand-new stainless steel appliance package, providing additional living space and modern appeal.Both units are occupied with tenants paying high rents, providing immediate income!
Two-family property in Springfield’s desirable Liberty Heights neighborhood will be delivered fully vacant! A great opportunity for owner-occupants or investors seeking immediate occupancy and rental flexibility. The first-floor unit offers 2 bedrooms, 1 full bath, a spacious kitchen, stove, refrigerator, microwave, and was previously utilized as a furnished short-term rental. The second and third floors comprise a spacious 5-bedroom, 2-bath unit with stove, refrigerator, and microwave. The third-floor bathroom shower is being renovated and will be completed prior to closing. Additional features include separate utilities, tenant-paid utilities, off-street parking, laundry hookups, basement storage, a fenced-in yard, and approximately 2,714 sq. ft. of living space. Conveniently located near parks, churches, schools, shopping, restaurants, and public transportation.
Timeless character with modern updates. This exceptional two-family located in the heart of the Historic McKnight District. Rich in architectural detail, each residence is separated by its own brick firewall, offering privacy while showcasing craftsmanship and charm of a bygone era. From the original hardwood floors and exposed brick, this property is full of warmth and character. Both units offer spacious layouts, while one features an impressive primary suite. Additional finished space on the third floors provides flexibility for expanded living areas. Multiple screened porches create the perfect place to enjoy the changing seasons.Recent improvements include updated electrical service, 2008 roof, newer boiler, freshly painted exterior. Outside offers an expansive backyard, and a detached two-car garage. INVESTORS, this is an outstanding opportunity to own a well-maintained property with strong income in one of Springfield's most desirable historic neighborhoods. Motivated Seller
Excellent investment opportunity! This fully rented two-family property offers immediate rental income with leased tenants already in place. The current total monthly rental income is $4,800. The property features a low-maintenance yard, making upkeep simple and cost-effective. An added bonus is the potential to create a third-floor unit, subject to obtaining the necessary city permits and approvals, providing an opportunity to increase future cash flow. Whether you're looking to expand your investment portfolio or secure an income-producing property, this is one you won't want to miss.
Discover an exceptional opportunity at 176-178 Belmont Ave, Springfield, MA, United States. This Four-family property, set on a generous 16,862 square foot lot, presents a unique canvas for expansive living or astute investment. With a remarkable nineteen bedrooms, the potential for diverse living arrangements and ample private spaces is evident throughout this property. Complementing these living quarters are four full bathrooms, designed to accommodate the needs of multiple households with ease. This substantial property offers a compelling prospect for those seeking significant scale and versatility. Inquire today to explore the potential of this distinctive Springfield address.
Welcome to 524 Goodwin Street, Springfield, MA! This beautifully updated duplex is the perfect opportunity for both owner-occupants and investors. Built in 1968, this well-maintained property features two spacious units with modern, updated kitchens and renovated bathrooms that blend style and functionality. Each unit offers comfortable living spaces, making it ideal for first-time homebuyers looking to offset their mortgage with rental income or for investors seeking a turnkey addition to their portfolio. Conveniently located in a desirable neighborhood close to schools, shopping, restaurants, parks, and major highways, this property offers both comfort and convenience. Whether you’re looking to live in one unit and rent the other or add a solid income-producing property to your investments, this move-in-ready duplex is one you won’t want to miss!
SHORT SALE property SOLD AS-IS. This sale is subject to bank approval. Smoke detector compliance is buyer's responsibility. Buyer is responsible for verifying all info here ----- Welcome to this well-located property in the heart of Springfield, offering convenient access to local amenities, schools, and major routes. This two family building presents a great opportunity for both owner-occupants and investors looking to add value in a desirable and established neighborhood. With its solid layout and prime location, it’s ready for your personal touch or future updates to maximize its full potential. With a detached 10 bay garage/office space, the possibilities are endless. Schedule your showing today!
Well-maintained two-family property on a corner lot with separate utilities for each unit, offering an excellent opportunity for both owner-occupants and investors. Both units are occupied by stable long-term tenants, with one tenant currently in the process of relocating, potentially resulting in a vacant unit at closing. One unit also includes an additional room that could serve as a second bedroom, home office, or flex space. A rare bonus is the 26' x 50' detached two-story concrete block outbuilding with electricity, located at the rear of the property. The corner lot provides easy access to the outbuilding, making it ideal for a contractor, workshop, warehouse, storage, or other potential income-producing uses. With immediate rental income and a unique detached outbuilding offering additional potential, this property presents exceptional value and versatility.
IMMEDIATE OCCUPANCY! Whether you’re looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this two-family property offers plenty of possibilities. Each unit features 2 bedrooms, a living room, dining area, full bath, and a kitchen with stone countertops. Both units have their own porches providing outdoor space to enjoy. The unfinished walk up third floor includes three additional rooms, offering an opportunity for added living area, a home office, bedrooms, or storage. Off-street parking is conveniently located in the rear of the property. Major improvements include a roof approximately 6–7 years old and heating systems and mechanicals that are approximately 2–3 years old. Located near shopping, restaurants, parks, public transportation, and major routes, this property is ready for its next owner. Open House Saturday, June 27th from 11:30am-1:00pm.
Exceptional investment opportunity in Springfield,MA! 683-687 State Street features 17 units, including 15 residential apartments and 2 commercial spaces. The unit mix consists of (9) one-bedroom, (2) two-bedroom, and (4) three-bedroom apartments, with all but two units updated within the past 24 months. The property currently has one vacant 3-bedroom unit and two vacant commercial spaces, creating immediate upside potential. One commercial space offers over 2,600 sq. ft. and is ideal for a laundromat, retail, office, or other business use. Ownership pays heat and hot water, while tenants pay their own electric (separately metered). Ten of the 15 residential units are subsidized, providing stable rental income.The property currently generates approximately $19,000 per month in gross rental income, with upside still available. Excellent cash flow and value-add opportunity. Don't miss out!
Strong investment property. This downtown Springfield investment property offers a $5,500+ monthly rent roll. The property consists of a joisted masonry building containing one 3BR apartment, one 5BR apartment, and ten garage bays that lease at a monthly rate of $150 each. Apartments feature a sunroom, and the 5BR apartment also has an office. The apartments are bright with renovated kitchens and a combination of hardwood and laminate flooring. The NOI is $53,079 and the cap rate is 13.3%. Located nearby to the Springfield FD Headquarters, the property offers access to major highways I-91, I-291 & I-90 (the Mass Pike); as well as area hospitals (under two miles to Baystate Medical Center and approximately one mile to Mercy Medical Center). The property is situated close to Springfield’s CBD, nearby to MGM Springfield and the Basketball Hall of Fame, within a 30 minute drive time of UMass Amherst and the Five College Area.
This well-maintained 2-family home offers two 2-bedroom units, each featuring hardwood floors, a bright living room, gas heat, and a sun-filled dining room. Perfectly located just one traffic light from Highway 291, makes commuting effortless. This property also includes a two-car garage and additional off-street parking. Situated in a highly convenient central location, you're minutes from shopping, restaurants, churches, and everyday amenities. These fully rented units, one of which has a tenant who has been there for over 25 years, makes this a turnkey income-producing property, this home delivers excellent value, all. A true gem in East Springfield. Don’t miss this one!
Springfield is located in Massachusetts. Springfield, Massachusetts has a population of 155,770. Springfield is less family-centric than the surrounding county with 19.09% of the households containing married families with children. The county average for households married with children is 23.64%.
The median household income in Springfield, Massachusetts is $43,308. The median household income for the surrounding county is $61,310 compared to the national median of $69,021. The median age of people living in Springfield is 33.5 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 46.3 inches per year, with 40.2 inches of snow per year.
