$2,835,000

Estimated payment $17,153/month

Total Views 20,303
23 Beds
21 Baths
18,707 Sq Ft
$152 Price per Sq Ft

Highlights

  • Property is near public transit and schools
  • Porch
  • Shops
  • Wood Flooring
  • Park
  • Coin Laundry

About This Home

Group showing Friday 12/12 at 2PM. 192 White Street in Springfield presents a prime investment opportunity with this well-maintained 21-unit building featuring a mix of studios, one-bedrooms, and two-bedrooms. A major advantage for investors is that all utilities are separately metered, keeping operating costs low and boosting overall returns. Many units have already been updated by the current owner, offering a blend of modern finishes and continued value-add potential. Ideally located near transportation, amenities, and major employers, the property attracts steady rental demand and provides strong long-term upside for any investor seeking a solid, diversified multifamily asset.

Listing Agent

Drew Rodman

Lock and Key Realty Inc. Listed on: 12/04/2025

Lock and Key Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,179

Year Built

  • Built in 1920

Lot Details

  • 5,898 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 18,707 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 23 Bedrooms
  • 21 Full Bathrooms

Additional Features

  • Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number S:12220 P:0039,2611947

Community Details

Overview

  • 21 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $82,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,179

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1920
  • Levels: 5
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Wood, Vinyl
  • Fireplace YN: No
  • Total Bedrooms: 23
  • Basement YN: Yes
  • Full Bathrooms: 21
  • Total Bathrooms: 21
  • Basement: Full
  • Above Grade Finished Sq Ft: 18707
  • Living Area: 18707
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN5521

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Laundromat, House of Worship, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: S:12220 P:0039,2611947
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 5898
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 29179

Multi Family

  • Net Operating Income: 82200
  • Number Of Units Total: 21
  • Total Actual Rent: 5600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 4

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
12/04/2025 12/04/25 For Sale $2,835,000 -- $152 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73459983

MLS Property Information Network (MLS PIN)