201-203 College St, Springfield MA 01109
Springfield, MA 01109
$449,900
Est. $2,889/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
Excellent investment opportunity with this legal three-family property, tenanted by the same reliable non-profit for the past four years. Fully remodeled in 2022 with updated cabinets, refinished flooring, and renovated bathrooms, this property also features major updates including a new roof (2024), new furnace and water heaters (2021), new doors, new insulation (2022), electrical panels (2021), and a rebuilt porch (2024).Please note that photography reflects the property's condition following its 2022 renovation & previous staging; minor cosmetic wear commensurate with ongoing tenancy may be observed in person. On-site parking and a two-car garage abut a nicely sized, fenced-in yard, providing tenants with green space while maintaining low maintenance for investors. Strong rental demand and solid proximity to local institutions make this an ideal income-producing asset. Group showings scheduled for next week with advance notice.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 17, 2026
$449,900
Original listing
Agent: Alex Anthony
Office: Alex Anthony R.E.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/17/2026 | 🏠 Listed for Sale | $449,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,972 | $317,100 |
Financial Details
Annual Property Tax
$4,972
Tax Year 2025
Assessed Value
$317,100
Facts & Features
1 Car Garage
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1916
Living Area
3,212 sq ft
Lot Size
0.11 acres
Stories
3
Bedrooms
6
Full Baths
3
Total Rooms
15
Investment Metrics
Units
3
Unit 1 Rent
$1,475/mo · Y
Unit 2 Rent
$1,375/mo · Y
Unit 3 Rent
$1,325/mo · Y
Total Monthly Rent
$4,175/mo
Gross Income
$50,100
Net Operating Income
$50,100
Cap Rate
11.14%
Interior
Heating
Forced Air, Natural Gas, Electric
Cooling
None
Flooring
Wood
Appliances
Range, Dishwasher, Refrigerator
Fireplace
None
Basement
Full
Laundry
None
Features
Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Kitchen, Living Rm/dining Rm Combo
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Paved Drive
Total Spaces
5
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$4,972
Assessed Value
$317,100
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Certified Treated
Seller Disclosures
Sale Subject To Seller Completing A 1031 Tax-deferred Ex At No Addl Cost Or Liability To Buyer. 1 Furnace Heats All Units W/sup Elec Heat In 3rd. Listing Photos Are From 3/2022.sellers Are Licensed Brokers. All Info Is Appx, As Of This Date, & Subject To Change, Buyer & Agent Due Dil.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
white
Sq Ft Source
Public Record
Documents
None
County
Hampden
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1916
Bedrooms
6
Full Bathrooms
3
Living Area
3,212 sq ft
Total Rooms
15
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,212 sq ft above grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
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:
Wood
Appliances:
Range, Dishwasher, Refrigerator
Interior Features:
Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Kitchen, Living RM/Dining RM Combo
Windows:
Insulated Windows
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1916
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Brick/Mortar
Stories:
3
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas, Electric
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
5
Parking Features:
Paved Drive
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$414
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
$0/mo
Cost $0/mo
Payment Over Time
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.
Location
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Neighborhood
201-203 College St, Springfield MA 01109
Springfield, MA 01109
Listing Information
Listing Agent
Alex Anthony
Listing Office
Alex Anthony R.E.
Office Phone
413-949-1619
Agent MLS ID
CT007035
Office MLS ID
AN8483
Listing Data Updated
Sep 16, 2026 8:28 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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