50 Stevens St Springfield, MA 01104
East Springfield NeighborhoodEstimated payment $7,659/month
Highlights
- Medical Services
- Property is near public transit and schools
- Park
- 0.27 Acre Lot
- Jogging Path
- Shops
About This Home
Investment opportunity in Springfield! This 10-unit multifamily property offers investors the opportunity to acquire a substantial income-producing asset with additional upside potential. Currently generating strong rental income with opportunities to further improve performance and maximize revenue over time.With 10 units under one roof, this property offers scale and income diversification for an investor looking to expand an existing portfolio or add a larger multifamily asset. Schedule a private showing to tour the property and explore its investment potential.
Open House Schedule
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Saturday, September 5, 202612:00 to 1:00 pm9/5/2026 12:00:00 PM +00:009/5/2026 1:00:00 PM +00:00Group toursAdd to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,146
Year Built
- Built in 1927
Home Design
- Manufactured Home on a slab
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 2,930 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Full Bathrooms
Parking
- 10 Car Parking Spaces
- Driveway
- Paved Parking
- 10 Open Parking Spaces
- Off-Street Parking
Additional Features
- 11,744 Sq Ft Lot
- Property is near public transit and schools
- 1 Heating Zone
Listing and Financial Details
- Assessor Parcel Number S:11155 P:0011,2607049
Community Details
Overview
- 10 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Operating Expense $39,977
- Net Operating Income $28,800
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 | $9,146 | $583,300 | $46,300 | $537,000 |
| 2024 | $6,244 | $388,800 | $42,200 | $346,600 |
| 2023 | $4,950 | $290,300 | $42,200 | $248,100 |
| 2022 | $4,468 | $237,400 | $49,800 | $187,600 |
| 2021 | $5,651 | $299,000 | $83,000 | $216,000 |
| 2020 | $6,300 | $322,600 | $83,000 | $239,600 |
| 2019 | $5,642 | $286,700 | $65,000 | $221,700 |
| 2018 | $4,664 | $237,000 | $65,000 | $172,000 |
| 2017 | $4,966 | $252,600 | $65,000 | $187,600 |
| 2016 | $4,583 | $233,100 | $65,000 | $168,100 |
| 2015 | $4,394 | $223,400 | $65,000 | $158,400 |
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 |
|---|---|---|---|---|
| 08/26/2026 08/26/26 | For Sale | $1,250,000 | -- | $427 / 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 | $1,750,000 | None Available | |
| Quit Claim Deed | $648,886 | None Available | |
| Deed | $118,000 | -- |
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 | $1,384,000 | Commercial | |
| Previous Owner | $5,184,026 | Purchase Money Mortgage | |
| Previous Owner | $150,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73568827
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.