
44-46 Washington St Springfield, MA 01108
Forest Park NeighborhoodEstimated payment $3,155/month
Highlights
- Property is near public transit
- Community Pool
- Jogging Path
- Wood Flooring
- Tennis Courts
- Porch
About This Home
Here’s your chance to own a solid 3-family home in one of Springfield’s most desirable rental markets – Forest Park! Whether you're looking to live mortgage-free or expand your investment portfolio, this property checks all the boxes.Featuring three spacious 3-bedroom, 1-bath units, the first floor has been completely renovated and is move-in ready—perfect for an owner-occupant or premium rent potential. The second and third floors are occupied by excellent long-term tenants with guaranteed rent, providing immediate cash flow.Enjoy a blend of classic charm and modern upgrades with original hardwood floors, newer luxury vinyl plank flooring, updated plumbing, and newer windows (APO). With nearly 4,000 sq ft of living space, off-street parking for 4 vehicles, and public water/sewer, this property is as practical as it is profitable. Live in one unit and let the other two pay your mortgage!Prime location for tenants—strong rental demand year-roundTurnkey opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,018
Year Built
- Built in 1914
Lot Details
- 5,367 Sq Ft Lot
Home Design
- Triplex
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,832 Sq Ft Home
- Property has 1 Level
- Living Room
- Basement Fills Entire Space Under The House
- Range
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Parking
- 4 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number S:12024 P:0012,2610894
Community Details
Amenities
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Additional Features
- 3 Units
- Net Operating Income $34,020
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 | $5,018 | $320,000 | $37,300 | $282,700 |
2024 | $3,063 | $190,700 | $37,300 | $153,400 |
2023 | $3,084 | $180,900 | $35,500 | $145,400 |
2022 | $3,162 | $168,000 | $35,500 | $132,500 |
2021 | $3,020 | $159,800 | $32,300 | $127,500 |
2020 | $3,074 | $157,400 | $32,300 | $125,100 |
2019 | $4,672 | $237,400 | $32,300 | $205,100 |
2018 | $4,475 | $227,400 | $32,300 | $195,100 |
2017 | $4,372 | $222,400 | $32,300 | $190,100 |
2016 | $3,865 | $196,600 | $32,300 | $164,300 |
2015 | $3,783 | $192,300 | $32,300 | $160,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/15/2025 07/15/25 | Pending | -- | -- | -- |
06/26/2025 06/26/25 | For Sale | $499,900 | +284.5% | $130 / Sq Ft |
10/10/2018 10/10/18 | Sold | $130,000 | -10.3% | $33 / Sq Ft |
09/11/2018 09/11/18 | Pending | -- | -- | -- |
07/19/2018 07/19/18 | Price Changed | $144,900 | -6.2% | $36 / Sq Ft |
06/07/2018 06/07/18 | For Sale | $154,500 | -- | $39 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | None Available | |
Quit Claim Deed | -- | -- | |
Foreclosure Deed | $263,666 | -- | |
Deed | -- | -- | |
Deed | $268,000 | -- | |
Deed | $225,000 | -- | |
Deed | $85,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $3,100,000 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $890,000 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $160,000 | New Conventional | |
Previous Owner | $214,400 | Purchase Money Mortgage | |
Previous Owner | $180,000 | Purchase Money Mortgage | |
Previous Owner | $33,750 | No Value Available | |
Previous Owner | $40,000 | No Value Available | |
Previous Owner | $55,000 | Purchase Money Mortgage |
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Source: MLS Property Information Network (MLS PIN)
MLS Number: 73392513

APN: SPRI-012024-000000-000012
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