123 Pine St, Springfield MA 01105
Springfield, MA 01105
$319,900
Est. $1,703/month
About this home
Cash-flowing property with long-term tenants and professional property management in place—management is eager to continue servicing the new owner. The roof is approximately three years old.This sale includes two abutting lots zoned R2, presenting a prime opportunity for investors and developers. Leverage the steady rental income to offset holding costs while planning your next project. Total monthly income is $2,700. Tenants pay their own electricity. Multiple investment strategies make this a rare opportunity for savvy buyers.
Facts & Features
Property Overview
Property Type
Multi Family
Property Category
Residential Income
Year Built
1909
Bedrooms
4
Full Bathrooms
2
Living Area
1,588 sq ft
Total Rooms
8
Stories
2
Levels
2
Interior Features
Has Fireplace
No
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Bulkhead
Exterior & Structure
Roof
Shingle
Foundation
Other
Exterior Features
Professional Landscaping
Fencing
Fenced/Enclosed
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.40 acres
Lot Size
17,424 sq ft
Lot Size Area
0.4000
Lot Features
Wooded
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Off Street
Utilities & Systems
Utilities Available
for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
220 Volts
Community & HOA
Community Features
Public Transportation, Shopping, Park, Laundromat, Public School
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$2,748
Tax Year
2024
Tax Assessed Value
$171,100
Parcel Number
2601562
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Seller nor listing agent make any guarantees on the accuracy of the information. Buyer(s)/Buyer's Agent must conduct their own due diligence, verification, research and analysis. Property taxes and assessments do not include the two additional lots. Monthly income reflects rent starting April 1
Listing Terms
Contract
Location
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Neighborhood
123 Pine St, Springfield MA 01105
Springfield, MA 01105
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$229
Homeowners Insurance
$200
PMI
$0
Property History
Property Timeline
Listed for Sale
Mar 19, 2025
$319,900
Original listing
Office: MIG
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/19/2025 | 🏠 Listed for Sale | $319,900 | - | - | Original listing |