1. Massachusetts
  2. Springfield
  3. 69 Winter St
$495,000

69 Winter St, Springfield, MA 01105

  • 2 baths |
  • 4,064 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $122/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

This downtown Springfield investment property offers a $5,300 rent roll. The property consists of a joisted masonry building containing one 3BR apartment, one 5BR apartment, and nine individual garage bays. Apartments feature a sunroom, and the 5BR apartment also has an office. The apartments are bright with renovated kitchens and a combination of hardwood and laminate flooring. The projected NOI is $53,000 and the cap rate is 10.7%. Located across the street from the Springfield FD Headquarters, the property offers access to major highways I-91, I-291 & I-90 (the Mass Pike); as well as area hospitals (under two miles to Baystate Medical Center and approximately one mile to Mercy Medical Center). The property is situated close to Springfield’s CBD, nearby to MGM Springfield and the Basketball Hall of Fame, within a 30-minute drive time of UMass Amherst and the Five College Area.

Listing Status:
Active
Date Added:
June 1, 2025 at 05:00AM
Listing Office:
Timothy Thompson : 413-210-9383
Listing Agent:
Tim Thompson : 413-210-9383
MLS ID:
73386444
  • Roofing: Shingle

This listing courtesy of Tim Thompson, Timothy Thompson

Monthly Payment

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

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Location

Schools Nearby

M

Milton Bradley School

22 Mulberry St, Springfield, MA, 01105

Grades PK-5

0.54 miles away

C

Conservatory of the Arts

339 State St, Springfield, MA, 01105

Grades 6-12

0.37 miles away

C

Conservatory of the Arts

339 State St, Springfield, MA, 01105

Grades 6-12

0.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.