Sold
55-59 Margaret St, Springfield, MA
Springfield · MA 01105
- $570,000
- Price
- 11
- Beds
- 4
- Baths
- 4500
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1923
Units:
4 Units
Lot size:
4,025 Sq.Ft Lot
Price per square foot:
$129 / Sq.Ft
Parking:
No Parking
About this home
Great investment opportunity! This well-maintained 4-unit building offers 11 bedrooms and strong income potential. There will be one vacant unit at closing! The other units have reliable tenants, so it provides immediate cash flow. Each unit has separate utilities, helping keep owner expenses low. With stable occupancy, solid rental history, and potential for future rent growth, this is an excellent opportunity to secure a high-performing, income-producing asset. Well cared for and consistently maintained, this property presents a turnkey opportunity for both seasoned investors and those looking to grow their portfolio. There is also potential to expand the attic, offering added value and additional possibilities. Conveniently located near local amenities, shopping, dining, and transportation, making it highly attractive for renters.
Neighborhood & Transit
So End Central
55-59 Margaret St, Springfield · MA 01105
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:
- 181 days
- Listing Price:
- $579,900
- Price per Sq.Ft:
- $129
- Tax Assessment:
- $386,300 in 2025
- Taxes:
- $536 / Monthly
Home Facts
Interior Features
- Bedrooms
- 11
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 4,500 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4500
- Flooring
- Unknown
- Lead paint
- Certified Treated, 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
- 4,025 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Aluminum
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Ashley Jones
- Listing office
- Coldwell Banker Realty - Western MA
- MLS PIN #
- 73514166