174 Locust St, Springfield MA 01108
Springfield, MA 01108
$1,000,000
Est. $6,013/month
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About this home
RARE SIX-FAMILY INVESTMENT OPPORTUNITY! This one-of-a-kind property offers six spacious 3-bedroom units—18 bedrooms total—each featuring a generous living/dining area, spacious kitchen, and newer flooring. Every unit has separate utilities, including in-unit circuit breaker panels, separate electric hot water tanks, and separate forced hot-air gas heating systems, providing convenience and efficient management. Additional features include a newer rear deck, centrally monitored security system, intercom, and individual door buzzers. With six large units, separate systems, and numerous updates already in place, this property stands apart from the typical six-family. An excellent opportunity for an investor looking to add a quality income-producing multifamily property to their portfolio. Rarely does a six-family with this combination of space, separate utilities, and amenities become available. Don't miss this exceptional investment opportunity!
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 10, 2026
$1,000,000
Original listing
Agent: Maher Khatib
Office: M B C REALTORS®
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/10/2026 | 🏠 Listed for Sale | $1,000,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $9,079 | $579,000 |
Financial Details
Annual Property Tax
$9,079
Tax Year 2025
Assessed Value
$579,000
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1989
Living Area
8,000 sq ft
Lot Size
0.19 acres
Bedrooms
18
Full Baths
6
Total Rooms
36
Investment Metrics
Units
6
Unit 1 Rent
$2,100/mo · N
Unit 2 Rent
$2,100/mo · N
Unit 3 Rent
$2,100/mo · N
Unit 4 Rent
$2,100/mo · N
Total Monthly Rent
$8,400/mo
Gross Income
$151,200
Net Operating Income
$126,000
Cap Rate
12.60%
Interior
Heating
Forced Air, Natural Gas
Cooling
None
Flooring
Tile, Laminate, Other
Appliances
None
Fireplace
None
Basement
Full, Interior Entry
Laundry
None
Features
Living Room, Dining Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Features
Paved Drive, Off Street
Total Spaces
6
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$9,079
Assessed Value
$579,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Rents Are Projections.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Hampden
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1989
Bedrooms
18
Full Bathrooms
6
Living Area
8,000 sq ft
Total Rooms
36
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
8,000 sq ft above grade
Display Options
Outdoor Areas
Patio & porchDeck
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Laminate, Other
Appliances:
Interior Features:
Living Room, Dining Room, Kitchen
Windows:
Insulated Windows
Basement:
Full, Interior Entry
Laundry:
Security:
Construction & Materials
Year Built:
1989
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
5
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas
Cooling:
Hot Water:
Electric, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved Drive, Off Street
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
Elementary Schools
10 schools
B+
Veritas Preparatory Charter School
0.3 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
Your Educational Success Academy
1.0 mi
Grades K-12
St. Michael's Academy
1.8 mi
Grades PK-08
D
The Springfield Virtual School
1.8 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
A
Alfred G. Zanetti Montessori Magnet School
2.2 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
Pioneer Valley Christian Academy
3.1 mi
Grades PK-12
Academy Hill School
3.1 mi
Grades PK-08
A+
Springfield Preparatory Charter School
3.5 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
3.8 mi
Grades K-12
Pioneer Valley Montessori School
4.0 mi
Grades PK-06
Middle Schools
10 schools
C
John J. Duggan Middle School
2.9 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
0.5 mi
Grades 06-08
F
Forest Park Middle School
0.6 mi
|
#343 of 352
|
Score: 25.3
Improved 16 spots from last year
-32.9 below state avg
282 students
Diverse
Grades 06-08
F
South End Middle School
0.7 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+
STEM Middle Academy
2.3 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
Springfield Middle School
2.6 mi
18 students
Less Diverse
Grades 06-08
F
Springfield Public Day Middle School
2.6 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
2.7 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
2.7 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)
2.7 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
High Schools
10 schools
C-
Conservatory of the Arts
1.1 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
1.1 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-
Libertas Academy Charter School
1.3 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
2.9 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
3.4 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
C-
High School of Commerce
1.1 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
F
Phoenix Academy Public Charter High School, Springfield
1.4 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
B+
Gateway to College at Springfield Technical Community College
1.4 mi
|
#123 of 346
|
Score: 74.4
Same rank as last year
25 students
Moderate
College Ready Curriculum
Grades 09-12
Pope Francis Preparatory School
1.7 mi
18 sports
• 1,124 athletes
Strong Athletics
Grades 09-12
F
Springfield International Academy at Sci-Tech
2.2 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
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Property Tax
$757
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
174 Locust St, Springfield MA 01108
Springfield, MA 01108
Listing Information
Listing Agent
Maher Khatib
Listing Office
M B C REALTORS®
Office Phone
413-886-0010
Agent MLS ID
M9500203
Office MLS ID
M95216
Listing Data Updated
Aug 10, 2026 12:34 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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