For Sale

10 Monroe St, Springfield, MA

Springfield · MA 01109

$420,000
Price
6
Beds
2
Baths
1910
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 2 Units
Lot size: 1,808 Sq.Ft Lot
Price per square foot: $220 / Sq.Ft
Parking: No Parking

About this home

Add a strong income-producing property to your portfolio with this two-family home, currently generating $4,800 in total monthly rental income. Leased tenants are in place, with the second-floor unit scheduled to be vacant at the end of October, offering added flexibility for an owner-occupant or investor looking to secure a new tenant at market rent. The low-maintenance yard helps keep upkeep simple and costs manageable. Looking to maximize your return? There is potential to explore the addition of a third-floor unit, subject to obtaining the necessary city permits, approvals, and meeting applicable building requirements.Whether you're an experienced investor looking to expand your portfolio or just getting started in real estate investing, this property offers current rental income and exciting possibilities for future growth. Don't miss this opportunity to invest in your future!

Neighborhood & Transit

10 Monroe St, Springfield · MA 01109

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
114 days
Listing Price:
$420,000
Price per Sq.Ft:
$220
Tax Assessment:
$288,600 in 2025
Taxes:
$377 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
2
Half Bathrooms
0
Living Area
1,910 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
1910
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
1,808 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Nicole Flamand
Listing office
Real Broker MA, LLC
MLS PIN #
73548440
Disclosure
3rd floor attic space can be converted into its own space or part of the 2nd floor with permits. Buyers/buyer agent please do due diligence.. 2nd floor only has gas stove top NO oven. Leases in place until January 2027 and October 2026. Multi to be purchased AS-IS.