116-118 Massasoit St Springfield, MA 01107
Memorial Square NeighborhoodEstimated payment $3,167/month
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, fully vacant three-family property with strong income potential. The first and second-floor units each offer 3 bedrooms and 1.5 baths, while the spacious third-floor unit features 4 bedrooms and 1.5 baths and was previously rented for $2,525 per month. Each unit is separately metered, with tenants responsible for their own gas and electric utilities. Additional features include circuit breaker panels, three gas hot water tanks, updated kitchens, and updated bathrooms. The property will be delivered fully vacant, making it an excellent opportunity for both owner-occupants and investors. Lead compliance documentation is available for all three units. The basement termite damage has been professionally evaluated. The seller is willing to sell the property in its current as-is condition or provide a credit at closing for the repairs.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 06/25/2026 06/25/26 | For Sale | $480,000 | 0.0% | $116 / Sq Ft |
| 06/05/2026 06/05/26 | Pending | -- | -- | -- |
| 05/30/2026 05/30/26 | For Sale | $480,000 | -- | $116 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73527157
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.
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