Sold

116-118 Massasoit St, Springfield, MA

Springfield · MA 01107

$480,000
Price
8
Beds
4.5
Baths
4142
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1912
Units: 3 Units
Lot size: 4,657 Sq.Ft Lot
Price per square foot: $116 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

Motivated Seller! Excellent opportunity to own this legal, fully vacant three-family property with strong income potential. The first and second-floor units each offer 3 bedrooms and 1.5 baths, while the spacious third-floor unit features 4 bedrooms and 1.5 baths and was previously rented for $2,525 per month. Each unit is separately metered, with tenants responsible for their own gas and electric utilities. Additional features include circuit breaker panels, three gas hot water tanks, updated kitchens, and updated bathrooms. The property will be delivered fully vacant, making it an excellent opportunity for both owner-occupants and investors. Lead compliance documentation is available for all three units.

Neighborhood & Transit

116-118 Massasoit St, Springfield · MA 01107

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:
157 days
Listing Price:
$480,000
Price per Sq.Ft:
$116
Tax Assessment:
$439,200 in 2025
Taxes:
$574 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
3
Half Bathrooms
3
Living Area
4,142 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4142
Flooring
Unknown
Lead paint
Certified Treated

Utilities

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

Exterior Features

Lot Size
4,657 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 Parking Spaces

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
Daisy Sanchez
Listing office
RE/MAX IGNITE
MLS PIN #
73527157
Disclosure
Buyer and buyer’s agent to perform all due diligence and verify all information independently. 3rd floor unit currently occupied with Springfield Housing Authority rental current contract $2,525 effective 3/1/2026 tenant portion is subsidy. Tenant portion is $ 311