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10 Monroe St, Springfield MA 01109

Springfield, MA 01109
$440,000
Est. $2,802/month
6
Beds
2
Baths
1,910
Sq Ft
$230
Price/Sq Ft
0.04
Acres
1910
Year Built
5 hours 7 minutes
Time on Market
Active Open House Listed Jul 12, 2026 • MLS# 73548440 Copied! • Updated Jul 12, 2026

Open House Schedule

19
Jul
Sunday, July 19
1:00 PM - 2:30 PM EDT

About this home

Excellent investment opportunity! This fully rented two-family property offers immediate rental income with leased tenants already in place. The property features a low-maintenance yard, making upkeep simple and cost-effective. An added bonus is the potential to create a third-floor unit, subject to obtaining the necessary city permits and approvals, providing an opportunity to increase future cash flow. Whether you're looking to expand your investment portfolio or secure a income-producing property, this is one you won't want to miss.

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 12, 2026
$440,000
Original listing
Office: HB Real Estate, LLC

Tax History

Year Taxes Assessment
2025 $4,525 $288,600

Financial Details

Annual Property Tax
$4,525
Tax Year 2025
Assessed Value
$288,600

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1910
Living Area 1,910 sq ft
Lot Size 0.04 acres
Bedrooms 6
Full Baths 2
Total Rooms 10

Investment Metrics

Units 2
Unit 1 Rent $2,000/mo · Y
Unit 2 Rent $1,800/mo · Y
Total Monthly Rent $3,800/mo
Gross Income $48,000
Net Operating Income $48,000
Cap Rate 10.91%
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Flooring Wood, Tile, Vinyl / Vct
Appliances Range, Refrigerator
Fireplace None
Basement Full, Interior Entry, Concrete
Laundry Electric Dryer Hookup, Washer Hookup
Features Living Room, Kitchen
Construction None
Architecture None
Roof Shingle
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features None
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,525
Assessed Value $288,600
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures 3rd Floor Attic Space Can Be Converted Into Its Own Space Or Part Of The 2nd Floor With Permits. Buyers/buyer Agent Please Do Due Diligence.. 2nd Floor Only Has Gas Stove Top No Oven. Leases In Place Until January 2027 And October 2026. Multi To Be Purchased As-is.
Exclusions Tenants Personal Property And 1st Floor Washer/Dryer.
Possession None
Accepted Financing Contract
Structure Type []
Sq Ft Source Public Record
Documents None
County Hampden

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1910
Bedrooms
6
Full Bathrooms
2
Living Area
1,910 sq ft
Total Rooms
10
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile, Vinyl / VCT
Appliances: Range, Refrigerator
Interior Features: Living Room, Kitchen
Windows:
Basement: Full, Interior Entry, Concrete
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Concrete Perimeter, Brick/Mortar, Other
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 2
Cooling: Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Level
Road Surface: Paved

Parking & Garage

Parking Features:
School District
Springfield School District local
D
🎓 Where Graduates Go Class of 2021
36% attend college
20% 4-Year 16% 2-Year 3% Out of State 3% Working
School Safety 2024-25
5.9% Above Average
5.1% Suspensions 1.4% In-School 0.8% Emergency
0.4% above state avg
E

Elementary Schools

10 schools
D
The Springfield Virtual School
0.7 mi | #330 of 346 | Score: 26.8
Improved 7 spots from last year
-31.4 below state avg
250 students Moderate
College Ready Curriculum
Grades PK-12
Your Educational Success Academy
0.7 mi
Grades K-12
B+
Veritas Preparatory Charter School
1.1 mi | #10 of 25 | Score: 34.4
Improved 341 spots from last year
-23.8 below state avg
712 students Moderate
Early College Program Rising School
Grades 05-12
A
Alfred G. Zanetti Montessori Magnet School
1.3 mi | #3 of 16 | Score: 47.5
Improved 137 spots from last year
-10.7 below state avg
432 students Diverse
Rising School
Grades PK-08
St. Michael's Academy
1.8 mi
Grades PK-08
Academy Hill School
2.0 mi
Grades PK-08
A+
Springfield Preparatory Charter School
2.3 mi | #2 of 16 | Score: 48.6
Improved 94 spots from last year
-9.7 below state avg
486 students Moderate
Rising School
Grades K-08
Grace Academy
2.5 mi
Grades K-12
Pioneer Valley Christian Academy
2.7 mi
Grades PK-12
Pioneer Valley Montessori School
3.7 mi
Grades PK-06
M

Middle Schools

10 schools
C
John J. Duggan Middle School
2.2 mi | #266 of 346 | Score: 44.7
Improved 20 spots from last year
-13.5 below state avg
823 students Diverse
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
Springfield Commonwealth Academy
0.8 mi
Grades 06-08
C+
STEM Middle Academy
1.1 mi | #12 of 16 | Score: 26.4
Improved 298 spots from last year
-31.8 below state avg
269 students Diverse
Rising School
Grades 06-08
F
South End Middle School
1.2 mi | #350 of 352 | Score: 23.5
Improved 12 spots from last year
-34.7 below state avg
163 students Moderate
Grades 06-08
F
Forest Park Middle School
1.6 mi | #343 of 352 | Score: 25.3
Improved 16 spots from last year
-32.9 below state avg
282 students Diverse
Grades 06-08
C
Van Sickle Prep School
1.7 mi | #13 of 16 | Score: 23.5
Improved 332 spots from last year
-34.7 below state avg
206 students Moderate
Rising School
Grades 06-08
B-
Van Sickle Academy
1.7 mi | #10 of 16 | Score: 28.3
Improved 340 spots from last year
-29.9 below state avg
262 students Moderate
Rising School
Grades 06-08
Springfield Middle School
2.0 mi
18 students Less Diverse
Grades 06-08
F
Springfield Public Day Middle School
2.0 mi | #352 of 352 | Score: 19.6
Improved 14 spots from last year
-38.6 below state avg
60 students Diverse
Grades 06-08
D
Springfield Legacy Academy
2.3 mi | #16 of 16 | Score: 19.0
Improved 340 spots from last year
-39.2 below state avg
299 students Less Diverse
Rising School
Grades 06-08
H

High Schools

10 schools
C
Emergence Academy
0.5 mi | #21 of 25 | Score: 25.5
Improved 356 spots from last year
-32.7 below state avg
382 students Diverse
Rising School Diverse Student Body
Grades 06-12
C-
Conservatory of the Arts
0.7 mi | #303 of 346 | Score: 37.5
Improved 2 spots from last year
-20.7 below state avg
296 students Moderate
College Ready Curriculum
Grades 06-12
C-
Libertas Academy Charter School
1.1 mi | #292 of 346 | Score: 40.6
Improved 52 spots from last year
-17.7 below state avg
563 students Moderate
7 sports • 134 athletes
Rising School Strong Attendance
Grades 06-12
C
The Springfield Renaissance School an Expeditionary Learning School
1.7 mi | #274 of 346 | Score: 44.0
Improved 7 spots from last year
-14.3 below state avg
593 students Diverse
High Graduation Rate College Ready Curriculum
Grades 06-12
C-
Baystate Academy Charter Public School
2.1 mi | #314 of 346 | Score: 34.8
Improved 29 spots from last year
-23.5 below state avg
388 students Moderate
Rising School College Ready Curriculum
Grades 06-12
F
Phoenix Academy Public Charter High School, Springfield
0.4 mi | #340 of 346 | Score: 20.6
Improved 8 spots from last year
-37.6 below state avg
158 students Moderate
College Ready Curriculum
Grades 09-12
C-
High School of Commerce
0.5 mi | #286 of 346 | Score: 42.2
Improved 16 spots from last year
-16 below state avg
966 students Moderate
11 sports • 554 athletes
Early College Program College Ready Curriculum
Grades 09-12
B+
Gateway to College at Springfield Technical Community College
0.6 mi | #123 of 346 | Score: 74.4
Same rank as last year
25 students Moderate
College Ready Curriculum
Grades 09-12
F
Springfield International Academy at Sci-Tech
1.1 mi | #338 of 346 | Score: 21.5
Dropped 38 spots from last year
-36.7 below state avg
95 students Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
C-
Springfield High School of Science and Technology
1.1 mi | #306 of 346 | Score: 37.1
Improved 4 spots from last year
-21.1 below state avg
1,091 students Moderate
13 sports • 870 athletes
Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $377
Homeowners Insurance $200
PMI (if <20% down) $0

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Year 15
50/50
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Location

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Neighborhood

10 Monroe St, Springfield MA 01109

Springfield, MA 01109

Listing Information

Listing Agent Nicole Flamand
Listing Office HB Real Estate, LLC
Office Phone 413-213-5911
Agent MLS ID CN206929
Office MLS ID AN6509
Listing Data Updated Jul 12, 2026 11:20 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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