120-122 Central St, Springfield, MA 01105
- 23 beds |
- 16 baths |
- 11,260 sqft
Multi-Family Home 
Built in 1927 
0.27acre lot
—— car garage 
$182/sqft 
Listed 1 month ago
Property Description
120–122 Central Street presents a rare opportunity to acquire a 16-unit asset in a prime Springfield location, just minutes from the Naismith Memorial Basketball Hall of Fame and MGM Springfield. Perfect for a 1031 exchange this property features a strong unit mix of (7) two-bedroom apartments and (9) one-bedroom apartments, catering to a wide tenant base.With gross rents exceeding $22,000 per month, this building offers immediate cash flow and solid investment performance. All 16 units have lead certificates, providing added compliance and peace of mind for ownership.Positioned in a high-demand rental area with close proximity to major attractions, employment centers, and amenities, with a large off street parking lot this is a turnkey opportunity for investors looking to scale their portfolio with a stabilized, income-producing asset.
- Listing Status:
- Active
- Date Added:
- April 15, 2026
- Data Last Updated:
- May 18, 2026 at 3:08PM
- Listing Office:
- Lock and Key Realty Inc. : 413-282-8080
- Listing Agent:
- Andrew Rodman : 413-386-3558
- MLS ID:
- 73501818
- General: Rain Gutters
- Parking: Paved DriveOff StreetDrivewayPavedParking spaces: 10
- General: Brick5Brick/Mortar
- Road/Access: Public
- Originating MLS: MLS Property Information Network
- County: Hampden
- Zoning: R3S:02560 P:00272577533
- Water: Public
- Sewer: Public Sewer
- Source: MLS Property Information Network
This listing courtesy of Andrew Rodman , Lock and Key Realty Inc.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
