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436-438 Franklin St, Springfield MA 01104

Springfield, MA 01104
$289,000
Est. $2,048/month
8
Beds
3
Baths
3,878
Sq Ft
$75
Price/Sq Ft
0.15
Acres
1909
Year Built
4
Parking
12 hours 12 minutes
Time on Market
Active Listed Jul 21, 2026 • MLS# 73551755 Copied! • Updated Jul 21, 2026

About this home

INVESTORS TAKE NOTICE! Exceptional investment opportunity! This fully rented three-family property offers upside for investors or owner-occupants looking to build equity through additional improvements while increasing rental income and long-term value. The property features two spacious 3-bedroom units and one comfortable 2-bedroom unit, providing strong rental appeal. Seller states mechanical updates include 2 - newer individual natural gas heating systems and separate hot water heaters for each unit(2017,2024,2025), helping reduce future capital expenses. With solid fundamentals already in place, this property presents an excellent opportunity to renovate, maximize market rents, improve cash flow, and grow your investment portfolio. Whether you’re a seasoned investor or looking for your first multifamily property, this is a chance to unlock the property’s full potential. Conveniently located near shopping, restaurants, local amenities, and major commuter routes. Being sold "AS IS"

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 21, 2026
$289,000
Original listing
Agent: Team Cuoco Office: Cuoco & Co. Real Estate

Tax History

Year Taxes Assessment
2025 $4,640 $295,900

Financial Details

Annual Property Tax
$4,640
Tax Year 2025
Assessed Value
$295,900

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1909
Living Area 3,878 sq ft
Lot Size 0.15 acres
Bedrooms 8
Full Baths 3
Total Rooms 17

Investment Metrics

Units 3
Unit 1 Rent $1,195/mo · N
Unit 2 Rent $1,195/mo · N
Unit 3 Rent $1,050/mo · N
Total Monthly Rent $3,440/mo
Gross Income $40,999
Net Operating Income $21,722
Operating Expenses $19,276
Cap Rate 7.52%
Heating Forced Air, Natural Gas
Cooling None
Flooring Wood, Vinyl, Laminate
Appliances Range, Refrigerator
Fireplace None
Basement Full
Laundry None
Features Living Room, Dining Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street
Total Spaces 4
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,640
Assessed Value $295,900
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Seller Reserves The Right To Accept An Offer At Any Time. Property Being Sold As Is. Some Pictures May Be Virtually Staged Or Digitally Enhanced.
Possession None
Accepted Financing None
Structure Type []
House Color Gray
Sq Ft Source Public Record
Documents None
County Hampden

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1909
Bedrooms
8
Full Bathrooms
3
Living Area
3,878 sq ft
Total Rooms
17
Stories
3
Levels
3

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: Wood, Vinyl, Laminate
Appliances: Range, Refrigerator
Interior Features: Living Room, Dining Room, Kitchen
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1909
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 3
Cooling:
Hot Water: Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street

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 $387
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

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.

Location

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Neighborhood

436-438 Franklin St, Springfield MA 01104

Springfield, MA 01104

Listing Information

Listing Agent Team Cuoco
Listing Office Cuoco & Co. Real Estate
Office Phone 413-333-7776
Agent MLS ID TM320785
Office MLS ID AN8868
Listing Data Updated Jul 21, 2026 1:22 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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