55-59 Margaret St, Springfield, MA 01105
55-59 Margaret St, Springfield, MA 01105
55-59 Margaret St, Springfield, MA 01105
55-59 Margaret St, Springfield, MA 01105
55-59 Margaret St, Springfield, MA 01105
55-59 Margaret St, Springfield, MA 01105
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$ 599,999
Est. payment | /mo

11 Beds

4 Baths

4,500 SqFt


Save
$ 599,999
Est. payment | /mo
Save

11 Beds

4 Baths

4,500 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $133

MLS Listing ID 73514166

Bedrooms 11

Full Baths 4

Year Built 1923

Annual Tax Amount $6,430

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type 4 Family

Property Description

Great investment opportunity! This well-maintained 4-unit building offers 11 bedrooms and strong income potential. Fully occupied with reliable tenants, 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.

Location

State MA

County Hampden

Area So End Central

Zoning R3

Direction Use GPS

Rooms

Basement Unfinished

Interior

Interior Features Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Lead Certification Available, Living Room, Kitchen

Heating Natural Gas

Cooling Window Unit(s)

Flooring Wood, Tile, Vinyl

Appliance Range, Refrigerator

Exterior

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University

Utilities Available for Gas Range, for Electric Range

Roof Type Shingle

Garage No

Building

Lot Description Cleared, Level

Story 4

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Coldwell Banker Realty - Western MA

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55-59 Margaret St