69 Winter St Springfield, MA 01105
Metro Center NeighborhoodEstimated payment $2,492/month
Highlights
- Medical Services
- Property is near public transit and schools
- Sun or Florida Room
- City View
- Wood Flooring
- Window Unit Cooling System
About This Home
Strong investment property. This downtown Springfield investment property offers a $5,500 monthly rent roll. The property consists of a joisted masonry building containing one 3BR apartment, one 5BR apartment, and eight garage bays that lease at a monthly rate of $150 - $250 each. Apartments feature a sunroom, and the 5BR apartment also has an office. The apartments are bright with renovated kitchens and a combination of hardwood and laminate flooring. The projected NOI is $55,359 and the cap rate is 12.9%. Located nearby to the Springfield FD Headquarters, the property offers access to major highways I-91, I-291 & I-90 (the Mass Pike); as well as area hospitals (under two miles to Baystate Medical Center and approximately one mile to Mercy Medical Center). The property is situated close to Springfield’s CBD, nearby to MGM Springfield and the Basketball Hall of Fame, within a 30 minute drive time of UMass Amherst and the Five College Area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,641
Year Built
- Built in 1890
Parking
- 9 Car Garage
- Driveway
- Open Parking
Home Design
- Brick Exterior Construction
- Brick Foundation
- Shingle Roof
Interior Spaces
- 3,520 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Living Room
- Sun or Florida Room
- City Views
- Range
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 8 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Garage Access
- Block Basement Construction
Utilities
- Window Unit Cooling System
- 2 Heating Zones
- Heating System Uses Natural Gas
- Heating System Uses Steam
- Separate Meters
Additional Features
- Rain Gutters
- 6,617 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number S:12395 P:0023,2613229
Community Details
Recreation
- Park
Building Details
- Electric Expense $500
- Insurance Expense $2,000
- Water Sewer Expense $2,000
- Operating Expense $10,641
- Net Operating Income $55,359
Additional Features
- 2 Units
- Medical Services
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 | $0 | $292,500 | $62,300 | $230,200 |
| 2024 | $0 | $289,000 | $62,300 | $226,700 |
| 2023 | $5,433 | $237,000 | $55,700 | $181,300 |
| 2022 | $6,018 | $50,300 | $23,400 | $26,900 |
| 2021 | $0 | $153,800 | $48,900 | $104,900 |
| 2020 | $6,018 | $153,400 | $48,900 | $104,500 |
| 2019 | $5,919 | $150,600 | $46,500 | $104,100 |
| 2018 | $6,114 | $145,200 | $46,500 | $98,700 |
| 2017 | $6,114 | $156,500 | $46,500 | $110,000 |
| 2016 | $5,879 | $152,300 | $46,500 | $105,800 |
| 2015 | $5,688 | $146,700 | $46,500 | $100,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | For Sale | $409,000 | -- | $116 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73446364
APN: SPRI-012395-000000-000023
- 140 Chestnut St Unit 706
- 140 Chestnut St Unit 702
- 140 Chestnut St Unit 204
- 140 Chestnut St Unit 819
- 140 Chestnut St Unit 607
- 140 Chestnut St Unit 619
- 140 Chestnut St Unit 816
- 140 Chestnut St Unit 604
- 40 Byers St
- 235 State St Unit 105
- 9 Murray Hill Ave
- 138 Magazine St
- 61-63 Wilcox St
- 7 Ledyard St
- 63 Oak St
- 52 Central St Unit 504
- 50 Central St Unit 504
- LOT 3 N S Worthington St
- 19 Quincy St
- 82 Central St Unit 304
- 151 Chestnut St Unit 406
- 181 Chestnut St
- 181 Chestnut St Unit 6
- 122 Chestnut St
- 254-270 Worthington St
- 10 Chestnut St
- 15 Taylor St
- 13-31 Elm St
- 45 Willow St Unit 1
- 45 Willow St
- 45 Willow St Unit 218
- 45 Willow St Unit 45-209
- 45 Willow St Unit 35-209
- 45 Willow St Unit 305
- 45 Willow St Unit 424
- 11-31 Park St Unit 302
- 15 Park St Unit 201
- 22 Crane St
- 47 Grant St Unit Floor 1
- 47 Grant St
Ask me questions while you tour the home.