$480,000
OPEN TUE 4PM - 5:30PM

116-118 Massasoit St Springfield, MA 01107

Memorial Square Neighborhood

Estimated payment $3,177/month

8 Beds
6 Baths
4,142 Sq Ft
$116 Price per Sq Ft

Highlights

  • Medical Services
  • Porch
  • Park
  • Property is near public transit and schools
  • Living Room
  • Shops

About This Home

Motivated Seller! Excellent opportunity to own this legal three-family property with strong income potential. The first and second floor units each offer 3 bedrooms, while the third-floor unit features 4 bedrooms. All units offer 1.5 baths and are individually metered with tenants paying their own gas and electric utilities. Property includes circuit breaker panels, three gas hot water tanks, updated kitchens, and updated bathrooms. First and second floor units will be delivered vacant, making this a great option for owner-occupants or investors. Lead compliance documentation available for all 3 units. Conveniently located near hospitals, shopping, restaurants, public transportation, and major highways for easy commuting. Open House Tuesday, June 2, 2026 from 4:00 PM – 6:00 PM.

Listing Agent

Daisy Sanchez

RE/MAX IGNITE Listed on: 05/30/2026

RE/MAX IGNITE

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,887

Year Built

  • Built in 1912

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,142 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range with Range Hood

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 3 Open Parking Spaces
  • 3 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Porch

Utilities

  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Heating System Uses Steam
  • Separate Meters

Additional Features

  • 4,657 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number S:08357 P:0024,2594809

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Additional Features

  • 3 Units
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,887

Year Built

Built in 1912

Lot Details

4,657 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1912
  • Levels: 3
  • Year Built Details: Renovated Since
  • APOD AVAILABLE: No
  • Special Features: OpenHouse
  • Stories: 3

Interior Features

  • Flooring: Tile, Varies, Laminate, Other
  • Interior Amenities: Pantry, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Range Hood
  • Total Bedrooms: 8
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bathrooms: 6
  • Basement: Full, Bulkhead, Unfinished
  • Above Grade Finished Sq Ft: 4142
  • Living Area: 4142
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN2829

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 3
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Steam, Natural Gas, Individual, Unit Control
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, Other, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: S:08357 P:0024,2594809
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4657
  • Lot Size Units: Acres

Green Features

  • Green Energy Efficient: Varies per Unit, Other (See Remarks)

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6887

Multi Family

  • Net Operating Income: 30000
  • Number Of Units Total: 3
  • Total Actual Rent: 2525
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2026 05/30/26 For Sale $480,000 -- $116 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73527157

MLS Property Information Network (MLS PIN)
Massachusetts Hampden County Springfield 01107 Memorial Square

116-118 Massasoit St, Springfield, MA

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MLS Property Information Network (MLS PIN) 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.

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Daisy Sanchez
Listing Agent
Daisy Sanchez
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RE/MAX IGNITE
(413) 966-0271
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