10 Monroe St Springfield, MA 01109
Old Hill NeighborhoodEstimated payment $2,660/month
Highlights
- Medical Services
- Wood Flooring
- Porch
- Property is near public transit and schools
- Balcony
- Living Room
About This Home
Excellent investment opportunity! This fully rented two-family property offers immediate rental income with leased tenants already in place. The current total monthly rental income is $4,800. The property features a low-maintenance yard, making upkeep simple and cost-effective. An added bonus is the potential to create a third-floor unit, subject to obtaining the necessary city permits and approvals, providing an opportunity to increase future cash flow. Whether you're looking to expand your investment portfolio or secure an income-producing property, this is one you won't want to miss.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,525
Year Built
- Built in 1910
Lot Details
- 1,808 Sq Ft Lot
- Level Lot
Home Design
- Brick Foundation
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,910 Sq Ft Home
- Property has 1 Level
- Living Room
- Range
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Balcony
- Porch
Location
- Property is near public transit and schools
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- 2 Heating Zones
- Heating System Uses Natural Gas
Listing and Financial Details
- Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks))
- Assessor Parcel Number S:08760 P:0001,2596225
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Additional Features
- 2 Units
- Net Operating Income $48,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,525 | $288,600 | $21,900 | $266,700 |
| 2024 | $3,980 | $247,800 | $20,500 | $227,300 |
| 2023 | $3,988 | $233,900 | $19,500 | $214,400 |
| 2022 | $3,632 | $193,000 | $17,700 | $175,300 |
| 2021 | $3,551 | $187,900 | $16,100 | $171,800 |
| 2020 | $3,447 | $176,500 | $16,100 | $160,400 |
| 2019 | $3,058 | $155,400 | $16,100 | $139,300 |
| 2018 | $2,948 | $149,800 | $16,100 | $133,700 |
| 2017 | $1,659 | $84,400 | $12,900 | $71,500 |
| 2016 | $1,445 | $73,500 | $12,900 | $60,600 |
| 2015 | $1,308 | $66,500 | $12,900 | $53,600 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/11/2026 09/11/26 | Price Changed | $430,000 | -2.3% | $225 / Sq Ft | |
| 07/12/2026 07/12/26 | For Sale | $440,000 | +14.3% | $230 / Sq Ft | |
| 08/08/2025 08/08/25 | Sold | $385,000 | +4.1% | $202 / Sq Ft | View Prior Sale |
| 06/28/2025 06/28/25 | Pending | -- | -- | -- | |
| 06/25/2025 06/25/25 | For Sale | $370,000 | +142.9% | $194 / Sq Ft | |
| 12/29/2017 12/29/17 | Sold | $152,337 | +4.3% | $80 / Sq Ft | View Prior Sale |
| 12/06/2017 12/06/17 | Pending | -- | -- | -- | |
| 09/27/2017 09/27/17 | For Sale | $146,000 | -- | $76 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $385,000 | -- | |
| Quit Claim Deed | $152,337 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $352,563 | FHA | |
| Previous Owner | $2,500 | Unknown | |
| Closed | $147,766 | New Conventional | |
| Previous Owner | $10,317 | Unknown | |
| Previous Owner | $190,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73548440
APN: SPRI-008760-000000-000001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
- 683 State St
- 172 Quincy St
- 104-106 Quincy St
- 64 Thompson St
- 145 Hancock St Unit 147
- 146-148 King St
- 184 King St
- 127 Thompson St
- 52 Lebanon St
- 129 Catharine St
- 31-33 Hayden Ave
- 157-159 Lebanon St
- 58 Greene St
- 205 St James Ave
- 90 Andrew St
- 162 Northampton Ave
- 86 Bowdoin St
- 453-455 State St
- 103 Greene St
- 144 Magazine St
- 685 State St Unit 3
- 529 Union St Unit 1L
- 142 Thompson St Unit 1
- 30 Merrick Ave Unit 2
- 271-273 Eastern Ave Unit 273
- 85 Alden St
- 27 Federal St Unit 3E
- 23 Federal St Unit A3
- 23 Federal St Unit A4
- 180 Oak Grove Ave Unit 1
- 180 Oak Grove Ave
- 210 Albemarle St
- 21-23 Colchester St Unit 21
- 825 Worthington St Unit B
- 69 Willard Ave Unit 1
- 154 Maple St
- 38 Greenacre Square Unit 2
- 78 Maple St
- 76 Maple St Unit Ground Unit
- 342 Wilbraham Rd Unit 1
Ask me questions while you tour the home.