55-59 Margaret St, Springfield, MA 01105
55-59 Margaret St, Springfield, MA 01105
55-59 Margaret St, Springfield, MA 01105
23
$570,000
$579,900
1.7%
Est.Price: ?

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11 BD
4 BA
4,500 SqFt

55-59 Margaret St Springfield, MA 01105

Est. payment /mo
SOLD DATE : 08/04/2026

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Key Details

Sold Price $570,000

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $126

MLS Listing ID 73514166

Sold Date 08/04/26

Bedrooms 11

Full Baths 4

Year Built 1923

Annual Tax Amount $6,430

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type 4 Family

Property Description

Great investment opportunity! This well-maintained 4-unit building offers 11 bedrooms and strong income potential. There will be one vacant unit at closing! The other units have reliable tenants, so it provides immediate cash flow. Each unit has separate utilities, helping keep owner expenses low. With stable occupancy, solid rental history, and potential for future rent growth, this is an excellent opportunity to secure a high-performing, income-producing asset. Well cared for and consistently maintained, this property presents a turnkey opportunity for both seasoned investors and those looking to grow their portfolio. There is also potential to expand the attic, offering added value and additional possibilities. Conveniently located near local amenities, shopping, dining, and transportation, making it highly attractive for renters.

Location

State MA

County Hampden

Area So End Central

Zoning R3

Direction Use GPS

Rooms

Basement Unfinished

Interior

Interior Features Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Lead Certification Available, Living Room, Kitchen

Heating Electric, Natural Gas

Cooling Window Unit(s)

Flooring Wood, Tile, Vinyl

Appliance Range, Refrigerator

Exterior

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University

Utilities Available for Gas Range, for Electric Range

Roof Type Shingle

Garage No

Building

Lot Description Cleared, Level

Story 4

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Coldwell Banker Realty - Western MA
Bought with Tonya Branen • Century 21 McLennan & Company

NEARBY SCHOOLS & BUSINESSES

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William Luther

William Luther

Broker License ID: 130964

+1(617) 818-5040

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