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236-240 Locust St, Springfield MA 01108

Springfield, MA 01108
$1,725,000
Est. $10,679/month
24
Beds
16
Baths
12,989
Sq Ft
$133
Price/Sq Ft
0.23
Acres
1924
Year Built
5 hours 35 minutes
Time on Market
Active Listed Apr 2, 2026 • MLS# 73495011 Copied!

About this home

236-240 Locust St contains sixteen (16) total units comprised of eight (8) 2-Bedroom/1-Bathroom units and eight (8) 1-Bedroom/1-Bathroom units with 12,989 square feet of gross living area in 16,207 square feet of gross area. The Property is situated upon a 0.23-acre parcel and features on-street parking. The Property is well-positioned in the urban core of Springfield, offering strong access to the city’s downtown business district, neighborhood retail corridors, and surrounding residential neighborhoods. Tenants are responsible for electricity, while the Landlord is responsible for gas powered heat & hot water and city water & sewer. Recent capital improvements include an upgraded boiler and hot water system from 2025, adding to the durability and long term value of the asset. The opportunity exists to acquire a well maintained asset with recently upgraded utilities in the densely populated Springfield market.

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Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1924
Bedrooms
24
Full Bathrooms
16
Living Area
12,989 sq ft
Total Rooms
56
Stories
5
Levels
5

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1924
Living Area 12,989 sq ft
Lot Size 0.23 acres
Bedrooms 24
Full Baths 16
Total Rooms 56

Interior

Heating Natural Gas
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features On Street

Utilities

Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $21,078
Assessed Value $1,344,700

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1924
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation: Concrete Perimeter
Stories: 5

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features: On Street

Location

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Neighborhood

236-240 Locust St, Springfield MA 01108

Springfield, MA 01108

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
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
D
Kensington International School
0.5 mi | #763 of 824 | Score: 31.4
Dropped 105 spots from last year
-26.8 below state avg
278 students Moderate
Grades PK-05
C-
Elias Brookings School
0.6 mi | #732 of 824 | Score: 33.6
Dropped 5 spots from last year
-24.6 below state avg
304 students Moderate
Grades PK-05
M

Middle Schools

3 schools
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
H

High Schools

3 schools
C-
Conservatory of the Arts
1.0 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-
High School of Commerce
1.0 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
C
Emergence Academy
1.0 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
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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
$0
Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,757
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

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$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

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
Apr 2, 2026
$1,725,000
Original listing
Agent: Michael Bradley Office: Horvath & Tremblay

Price & Status History

Date Event Price Change
Apr 2, 2026 New Listing Added $1,725,000

Market Statistics

Time on Market
5 hours 35 minutes
Price per Sq Ft
$133

Tax History

Year Taxes Assessment
2026 $21,078 $1,344,700

Financial Details

Annual Property Tax
$21,078
Tax Year 2026
Assessed Value
$1,344,700

Listing Information

Listing Agent Michael Bradley
Listing Office Horvath & Tremblay
Agent MLS ID CN249061
Office MLS ID AN2723
Listing Data Updated Apr 1, 2026 10:09 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

Real-time market trends and pricing data for this area

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