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40 Ames St, Springfield MA 01104

Springfield, MA 01104
$242,000
Est. $1,764/month
2
Beds
2
Baths
1,248
Sq Ft
$194
Price/Sq Ft
0.11
Acres
1941
Year Built
4
Parking
4 hours 35 minutes
Time on Market
Active Listed Jul 6, 2026 • MLS# 73544831 Copied! • Updated Jul 6, 2026

About this home

Excellent investment opportunity! This well-maintained two-family property features two one-bedroom, one-bath units, each offering comfortable living spaces and practical layouts. Conveniently located in an established Springfield neighborhood with easy access to shopping, dining, schools, public transportation, and major highways. Both units are currently leased, providing immediate rental income for investors or an ideal opportunity to add to your portfolio.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 6, 2026
$242,000
Original listing
Agent: Mary O'Connell Office: Wolcott Realty

Tax History

Year Taxes Assessment
2026 $4,089 $184,000

Financial Details

Annual Property Tax
$4,089
Tax Year 2026
Assessed Value
$184,000

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1941
Living Area 1,248 sq ft
Lot Size 0.11 acres
Bedrooms 2
Full Baths 2
Total Rooms 6

Investment Metrics

Units 2
Unit 1 Rent $950/mo · Y
Unit 2 Rent $1,200/mo · Y
Total Monthly Rent $2,150/mo
Gross Income $25,800
Net Operating Income $25,800
Cap Rate 10.66%
Heating Forced Air, Natural Gas, Unit Control
Cooling Window Unit(s)
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features Living Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 4
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,089
Assessed Value $184,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color green
Sq Ft Source Public Record
Documents None
County Hampden

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1941
Bedrooms
2
Full Bathrooms
2
Living Area
1,248 sq ft
Total Rooms
6
Stories
2
Levels
2

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:
Appliances:
Interior Features: Living Room, Kitchen
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1941
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Unit Control
Heating Zones: 2
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 4
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
Grace Academy
0.6 mi
Grades K-12
Academy Hill School
0.9 mi
Grades PK-08
A+
Springfield Preparatory Charter School
1.2 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
A
Alfred G. Zanetti Montessori Magnet School
1.6 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
D
The Springfield Virtual School
2.0 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
Your Educational Success Academy
2.5 mi
Grades K-12
B+
Veritas Preparatory Charter School
3.1 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
St. Michael's Academy
3.5 mi
Grades PK-08
Pioneer Valley Christian Academy
3.7 mi
Grades PK-12
Mill Pond School
4.3 mi
Grades PK-12
M

Middle Schools

10 schools
C
John J. Duggan Middle School
2.8 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
C
Van Sickle Prep School
0.5 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
0.5 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
C+
STEM Middle Academy
1.7 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
2.3 mi
18 students Less Diverse
Grades 06-08
F
Springfield Public Day Middle School
2.3 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
2.8 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
2.8 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)
2.8 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
Springfield Commonwealth Academy
2.9 mi
Grades 06-08
H

High Schools

10 schools
C
The Springfield Renaissance School an Expeditionary Learning School
0.5 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
1.3 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
Emergence Academy
2.3 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-
Conservatory of the Arts
2.4 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-
Libertas Academy Charter School
2.6 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
Springfield Central High School
1.2 mi | #262 of 346 | Score: 45.2
Improved 37 spots from last year
-13 below state avg
1,983 students Diverse
17 sports • 1,176 athletes
High Graduation Rate Rising School College Ready Curriculum Strong Athletics
Grades 09-12
A
Roger L. Putnam Vocational Technical Academy
1.7 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
1.8 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
C-
Springfield High School of Science and Technology
1.8 mi | #306 of 346 | Score: 37.1
Improved 4 spots from last year
-21.1 below state avg
1,091 students Moderate
13 sports • 870 athletes
Career Tech Programs College Ready Curriculum
Grades 09-12
F
Phoenix Academy Public Charter High School, Springfield
2.0 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
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Monthly Payment Breakdown

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Homeowners Insurance $200
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Location

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Neighborhood

40 Ames St, Springfield MA 01104

Springfield, MA 01104

Listing Information

Listing Agent Mary O'Connell
Listing Office Wolcott Realty
Office Phone 413-218-4344
Agent MLS ID M9502500
Office MLS ID M95204
Listing Data Updated Jul 6, 2026 8:30 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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