42-44 Dearborn St Springfield, MA 01109
Upper Hill NeighborhoodEstimated payment $2,624/month
Highlights
- Porch
- Dining Room
- Level Lot
- Living Room
About This Home
First Open House this Saturday from 2:00 PM–4:00 PM! Welcome to 42-44 Dearborn Street, a unique and versatile multi-family property in Springfield’s Hill/McKnight neighborhood, offering an excellent opportunity for both owner-occupants and investors. The property features a spacious 5-bedroom owner’s unit spanning the second and third floors, providing plenty of room for comfortable living, entertaining, and additional flexibility. A major advantage for the owner is the paying first-floor tenant, whose rental income helps offset the owner’s monthly costs while allowing the owner to enjoy the expansive upper-level living space. With its combination of rental income and substantial owner-occupied space, this property offers an attractive opportunity to build equity while reducing the overall cost of ownership. Conveniently located near major roadways, local amenities, schools, shopping, and everything Springfield has to offer. Don’t miss this opportunity to own a property that combines rental income, generous living space, and long-term investment potential. Come see it for yourself this Saturday from 2:00 PM–4:00 PM!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,192
Year Built
- Built in 1916
Lot Details
- 5,001 Sq Ft Lot
- Level Lot
Home Design
- Block Foundation
- Shingle Roof
Interior Spaces
- 3,236 Sq Ft Home
- Property has 1 Level
- Living Room
- Dining Room
- Unfinished Basement
- Interior Basement Entry
Bedrooms and Bathrooms
- 9 Bedrooms
Parking
- 2 Car Parking Spaces
- Driveway
- 2 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Porch
Schools
- Benjamin Swan K-5 Elementary School
- Stem Middle 6-8
- Putnam And Sic Tech 9-12 High School
Community Details
- 2 Units
- Net Operating Income $21,600
Listing and Financial Details
- Rent includes unit 1(water)
- Assessor Parcel Number S:03730 P:0008,2580754
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 | $3,192 | $203,600 | $30,000 | $173,600 |
| 2024 | $2,910 | $181,200 | $30,000 | $151,200 |
| 2023 | $2,994 | $175,600 | $27,300 | $148,300 |
| 2022 | $3,318 | $176,300 | $25,500 | $150,800 |
| 2021 | $2,671 | $141,300 | $18,100 | $123,200 |
| 2020 | $2,744 | $140,500 | $18,100 | $122,400 |
| 2019 | $2,511 | $127,600 | $15,400 | $112,200 |
| 2018 | $2,369 | $120,400 | $15,400 | $105,000 |
| 2017 | $2,345 | $119,300 | $14,500 | $104,800 |
| 2016 | $2,003 | $101,900 | $14,500 | $87,400 |
| 2015 | $1,461 | $74,300 | $14,500 | $59,800 |
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 |
|---|---|---|---|---|
| 08/13/2026 08/13/26 | For Sale | $429,900 | -- | $133 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $225,000 | -- | |
| Deed | $53,500 | -- | |
| Deed | $34,500 | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Purchase Money Mortgage | |
| Previous Owner | $15,410 | Unknown | |
| Closed | $117,792 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $29,875 | No Value Available | |
| Closed | $36,000 | No Value Available | |
| Previous Owner | $144,000 | No Value Available | |
| Previous Owner | $144,000 | No Value Available | |
| Previous Owner | $110,000 | No Value Available | |
| Previous Owner | $83,200 | No Value Available | |
| Previous Owner | $68,000 | No Value Available | |
| Previous Owner | $54,400 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73563212
APN: SPRI-003730-000000-000008
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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Ask me questions while you tour the home.