195-197 Massasoit St Springfield, MA 01107
Memorial Square NeighborhoodEstimated payment $1,883/month
Highlights
- Porch
- Living Room
- Forced Air Heating System
- Cooling Available
- Shops
- Coin Laundry
About This Home
This is a fantastic opportunity for first-time buyers eager to generate rental income to assist with mortgage expenses. The property offers a spacious layout, a generous yard, a two-car garage, and ample off-street parking. For those looking to invest further, you can acquire this property as part of a package with 56 Montmorenci Street and 60 Montmorenci Street, which are available separately. With a motivated seller, this is a great chance to explore and secure a valuable investment. COME TO OUR OPEN HOUSE AND SEE ALL THREE PROPERTIES THIS SATURDAY FROM 12:00 TO 1:00 PM
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,616
Year Built
- Built in 1913
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,498 Sq Ft Home
- Property has 1 Level
- Living Room
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Utilities
- Cooling Available
- Forced Air Heating System
- 2 Heating Zones
- Heating System Uses Natural Gas
Additional Features
- Porch
- 6,499 Sq Ft Lot
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water)
Community Details
Amenities
- Shops
- Coin Laundry
Additional Features
- 2 Units
- Net Operating Income $35,700
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $3,616 | $230,600 | $31,200 | $199,400 |
| 2024 | $3,355 | $208,900 | $31,200 | $177,700 |
| 2023 | $3,262 | $191,300 | $28,400 | $162,900 |
| 2022 | $3,250 | $172,700 | $26,500 | $146,200 |
| 2021 | $2,763 | $146,200 | $24,100 | $122,100 |
| 2020 | $2,836 | $145,200 | $24,100 | $121,100 |
| 2019 | $2,570 | $130,600 | $24,100 | $106,500 |
| 2018 | $2,495 | $137,900 | $24,100 | $113,800 |
| 2017 | $2,495 | $126,900 | $25,600 | $101,300 |
| 2016 | $2,261 | $115,000 | $25,600 | $89,400 |
| 2015 | $2,288 | $116,300 | $25,600 | $90,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2025 11/06/25 | For Sale | $299,500 | 0.0% | $86 / Sq Ft |
| 10/22/2025 10/22/25 | Pending | -- | -- | -- |
| 10/03/2025 10/03/25 | For Sale | $299,500 | -- | $86 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Deed | -- | -- | |
| Deed | $130,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $104,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73439498
APN: SPRI-008357-000000-000041
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