22-24 Westminster St Springfield, MA 01109
McKnight NeighborhoodEstimated payment $2,117/month
About This Home
Built in 1988 with 7 bedrooms and 2.5 bathrooms. New roof and fully paid-off solar panel system installed in 2023. Practically eliminates heating and electric costs thanks to solar energy. Owner-occupied for over 20 years, ensuring excellent maintenance. Owner's Unit (2nd & 3rd Floors): Spacious 4-bedroom, 1.5-bathroom layout. Second floor features living room, kitchen, 2 bedrooms, and full bathroom. Third floor includes 2 additional bedrooms and half bathroom. Rental Unit: Stable tenancy with same renters for 20 years. Currently rented at $900/month with significant upside potential. Excellent rental history demonstrates strong tenant demand. Investment Opportunity: This well-maintained property combines the stability of long-term tenants with the growth potential of Springfield's college market. The solar installation provides immediate cost savings and enhanced property value.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,610
Year Built
- Built in 1988
Lot Details
- 4,748 Sq Ft Lot
Interior Spaces
- 2,246 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 7 Bedrooms
Parking
- 4 Open Parking Spaces
- 4 Car Parking Spaces
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number S:12201 P:0004,2611775
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 | $3,610 | $230,200 | $24,400 | $205,800 |
| 2024 | $3,614 | $225,000 | $22,800 | $202,200 |
| 2023 | $3,801 | $221,100 | $21,700 | $199,400 |
| 2022 | $2,900 | $154,100 | $19,700 | $134,400 |
| 2021 | $2,780 | $147,100 | $18,000 | $129,100 |
| 2020 | $2,676 | $137,000 | $18,000 | $119,000 |
| 2019 | $2,403 | $122,100 | $15,300 | $106,800 |
| 2018 | $2,775 | $121,500 | $15,300 | $106,200 |
| 2017 | $2,536 | $129,000 | $14,400 | $114,600 |
| 2016 | $2,007 | $102,100 | $14,400 | $87,700 |
| 2015 | $2,008 | $102,100 | $14,400 | $87,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2025 11/10/25 | Pending | -- | -- | -- |
| 10/27/2025 10/27/25 | For Sale | $349,900 | -- | $156 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $364,000 | -- | |
| Deed | $80,000 | -- | |
| Deed | $68,000 | -- | |
| Foreclosure Deed | $87,657 | -- | |
| Deed | $69,900 | -- | |
| Deed | $35,000 | -- | |
| Deed | $18,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $291,200 | New Conventional | |
| Previous Owner | $56,000 | Purchase Money Mortgage | |
| Previous Owner | $20,000 | No Value Available | |
| Previous Owner | $64,600 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73448210
APN: SPRI-012201-000000-000004
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