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116-118 Massasoit St, Springfield MA 01107

Springfield, MA 01107
$480,000
Est. $3,201/month
8
Beds
4.5
Baths
4,142
Sq Ft
$116
Price/Sq Ft
0.11
Acres
1912
Year Built
5 hours 56 minutes
Time on Market
Active Open House Listed May 30, 2026 • MLS# 73527157 Copied!

About this home

Motivated Seller! Excellent opportunity to own this legal three-family property with strong income potential. The first and second floor units each offer 3 bedrooms, while the third-floor unit features 4 bedrooms. All units offer 1.5 baths and are individually metered with tenants paying their own gas and electric utilities. Property includes circuit breaker panels, three gas hot water tanks, updated kitchens, and updated bathrooms. First and second floor units will be delivered vacant, making this a great option for owner-occupants or investors. Lead compliance documentation available for all 3 units. Conveniently located near hospitals, shopping, restaurants, public transportation, and major highways for easy commuting. Open House Tuesday, June 2, 2026 from 4:00 PM – 6:00 PM.

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Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1912
Bedrooms
8
Full Bathrooms
3
Half Bathrooms
3
Living Area
4,142 sq ft
Total Rooms
16
Stories
3
Levels
3

Open House Schedule

02
Jun
Tuesday, June 2
4:00 PM - 5:30 PM EDT

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1912
Living Area 4,142 sq ft
Lot Size 0.11 acres
Bedrooms 8
Full Baths 3
Half Baths 3
Total Rooms 16

Interior

Heating Steam, Natural Gas, Individual, Unit Control
Cooling None
Flooring Tile, Varies, Laminate, Other
Appliances Range, Refrigerator, Range Hood
Fireplace None
Basement Full, Bulkhead, Unfinished
Laundry None
Features Pantry, Living Room, Kitchen

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Off Street
Total Spaces 3

Utilities

Electric Circuit Breakers, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $6,887
Assessed Value $439,200

Interior Features

Flooring: Tile, Varies, Laminate, Other
Appliances: Range, Refrigerator, Range Hood
Interior Features: Pantry, Living Room, Kitchen
Windows: Insulated Windows
Basement: Full, Bulkhead, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1912
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block
Stories: 3

Heating, Cooling & Utilities

Heating: Steam, Natural Gas, Individual, Unit Control
Heating Zones: 3
Cooling:
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features: Varies per Unit, Other (See Remarks)

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street

Location

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Neighborhood

116-118 Massasoit St, Springfield MA 01107

Springfield, MA 01107

Walkability

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Nearby Schools

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

3 schools
C-
Springfield Public Day Elementary School
0.6 mi | #734 of 824 | Score: 33.3
Improved 91 spots from last year
-24.9 below state avg
33 students Diverse
Rising School
Grades PK-05
A
Alfred G. Zanetti Montessori Magnet School
0.6 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
C
Edward P. Boland School
0.7 mi | #625 of 824 | Score: 39.4
Dropped 116 spots from last year
-18.8 below state avg
587 students Moderate
Grades PK-05
M

Middle Schools

3 schools
Springfield Middle School
0.4 mi
18 students Less Diverse
Grades 06-08
F
Springfield Public Day Middle School
0.4 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
0.7 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

3 schools
C-
Libertas Academy Charter School
0.9 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
B+
Gateway to College at Springfield Technical Community College
1.1 mi | #123 of 346 | Score: 74.4
Same rank as last year
25 students Moderate
College Ready Curriculum
Grades 09-12
F
Phoenix Academy Public Charter High School, Springfield
1.2 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
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $574
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
May 30, 2026
$480,000
Original listing
Agent: Daisy Sanchez Office: RE/MAX IGNITE

Price & Status History

Date Event Price Change
May 30, 2026 New Listing Added $480,000

Market Statistics

Time on Market
5 hours 56 minutes
Price per Sq Ft
$116

Tax History

Year Taxes Assessment
2025 $6,887 $439,200

Financial Details

Annual Property Tax
$6,887
Tax Year 2025
Assessed Value
$439,200

Listing Information

Listing Agent Daisy Sanchez
Listing Office RE/MAX IGNITE
Agent MLS ID BB921302
Office MLS ID AN2829
Listing Data Updated May 30, 2026 7:05 PM 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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Market Analytics for Springfield, MA

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