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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
3
Parking
45
Days on Market
Active Listed May 30, 2026 • MLS# 73527157 Copied! • Updated Jul 14, 2026

About this home

Motivated Seller! Excellent opportunity to own this legal, fully vacant three-family property with strong income potential. The first and second-floor units each offer 3 bedrooms and 1.5 baths, while the spacious third-floor unit features 4 bedrooms and 1.5 baths and was previously rented for $2,525 per month. Each unit is separately metered, with tenants responsible for their own gas and electric utilities. Additional features include circuit breaker panels, three gas hot water tanks, updated kitchens, and updated bathrooms. The property will be delivered fully vacant, making it an excellent opportunity for both owner-occupants and investors. Lead compliance documentation is available for all three units. The basement termite damage has been professionally evaluated. The seller is willing to sell the property in its current as-is condition or provide a credit at closing for the repairs.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

Back On Market
Jun 25, 2026
Active
Pending Sale
Jun 5, 2026
Offer accepted, sale pending
🏠
Listed for Sale
May 30, 2026
$480,000
Original listing
Agent: Daisy Sanchez Office: RE/MAX IGNITE

Tax History

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

Financial Details

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

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

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent — · N
Unit 3 Rent — · N
Gross Income $30,000
Net Operating Income $30,000
Cap Rate 6.25%
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
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street
Total Spaces 3
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
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Buyer And Buyer’s Agent To Perform All Due Diligence And Verify All Information Independently.
Possession None
Accepted Financing None
Structure Type []
House Color Beige
Sq Ft Source Public Record
Documents None
County Hampden
Total market time (incl. prior listings) 26 days

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

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: 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
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
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
Your Educational Success Academy
1.3 mi
Grades K-12
Academy Hill School
1.4 mi
Grades PK-08
B+
Veritas Preparatory Charter School
2.0 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
D
The Springfield Virtual School
2.2 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
Grace Academy
2.7 mi
Grades K-12
A+
Springfield Preparatory Charter School
3.0 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
St. Michael's Academy
3.4 mi
Grades PK-08
Pioneer Valley Christian Academy
4.3 mi
Grades PK-12
Pioneer Valley Montessori School
5.3 mi
Grades PK-06
M

Middle Schools

10 schools
C
John J. Duggan Middle School
3.7 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 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
C-
Impact Prep at Chestnut
0.7 mi | #14 of 16 | Score: 23.5
Improved 349 spots from last year
-34.7 below state avg
278 students Moderate
Rising School
Grades 06-08
B
Chestnut Accelerated Middle School (Talented and Gifted)
0.7 mi | #164 of 352 | Score: 43.2
Dropped 11 spots from last year
-15 below state avg
265 students Diverse
Strong Attendance
Grades 06-08
F
South End Middle School
1.6 mi | #350 of 352 | Score: 23.5
Improved 12 spots from last year
-34.7 below state avg
163 students Moderate
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 Commonwealth Academy
1.8 mi
Grades 06-08
H

High Schools

10 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
C-
Conservatory of the Arts
1.2 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
Emergence Academy
1.4 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
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
3.0 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
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
C-
High School of Commerce
1.4 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
A
Roger L. Putnam Vocational Technical Academy
2.5 mi | #6 of 25 | Score: 48.8
Improved 257 spots from last year
-9.4 below state avg
1,382 students Moderate
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
F
Springfield International Academy at Sci-Tech
2.5 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
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Monthly Payment Breakdown

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

Loan Summary

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Year 15
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Year 30
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Location

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Neighborhood

116-118 Massasoit St, Springfield MA 01107

Springfield, MA 01107

Listing Information

Listing Agent Daisy Sanchez
Listing Office RE/MAX IGNITE
Office Phone 413-391-7928
Agent MLS ID BB921302
Office MLS ID AN2829
Listing Data Updated Jul 14, 2026 10:06 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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