$599,999

55-59 Margaret St, Springfield, MA 01105

  • 11 beds |
  • 4 baths |
  • 4,500 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1923
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $133/sqft
  • Property List Date Icon Listed 12 days ago

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.

Listing Status:
Active
Date Added:
May 6, 2026
Data Last Updated:
May 18, 2026 at 1:06PM
Listing Office:
Coldwell Banker Realty - Western MA : 413-567-8931
Listing Agent:
Ashley Jones : 413-330-1375
MLS ID:
73514166
  • General: Ceiling Fan(s)PantryBathroom With Tub & ShowerLead Certification AvailableLiving RoomKitchen
  • Appliances: RangeRefrigerator
  • Basement: Unfinished
  • Flooring: WoodTileVinyl
  • A/C: Window Unit(s)
  • Heating: Natural Gas
  • Fireplace: Fireplaces: 0
  • Parking: Parking spaces: 0
  • Roofing: Shingle
  • General: Frame4Brick/Mortar
  • Road/Access: Paved
  • Originating MLS: MLS Property Information Network
  • County: Hampden
  • Zoning: R3S:08255 P:00562594249
  • Utilities: for Gas Rangefor Electric RangeCircuit Breakers
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network

This listing courtesy of Ashley Jones , Coldwell Banker Realty - Western MA

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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