49 Prospect St, Springfield MA 01107

Springfield, MA 01107
$455,000
Est. $2,422/month
9
Beds
3
Baths
3,258
Sq Ft
$140
Price/Sq Ft
0.13
Acres
1910
Year Built
3 Family
Type
28
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73410362

About this home

Welcome to this established 3-family investment property in Springfield, MA! Three spacious 3BR apartments, all currently occupied with reliable tenants providing immediate steady cash flow. Located near schools, parks, shopping & public transit with easy highway access. This turnkey opportunity comes with existing tenants who remain, eliminating vacancy concerns & providing instant rental income from day one. Perfect for investors seeking proven cash-flowing property with established rental history. Don't miss this rare fully-occupied 3-family home with guaranteed immediate returns!

Sale Statistics

Sale Overview
Original List Price: $415,000
Final Sale Price: $455,000
Difference: +$40,000 (+9.6%)
Performance Metrics
109.6%
List to Sale Ratio
Sold above asking price
28
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $127
Sale $/sq ft: $140
This property sold for $140 per square foot
Sale Summary

This property sold for 9.6% above the original asking price, indicating strong buyer demand.

With only 28 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1910
Bedrooms
9
Full Bathrooms
3
Living Area
3,258 sq ft
Total Rooms
15
Stories
3
Levels
3

Interior Features

Heating
Electric
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Living Room, Kitchen

Exterior & Structure

Construction Materials
Brick
Roof
Shingle
Foundation
Brick/Mortar
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.13 acres
Lot Size
5,654 sq ft
Lot Size Area
0.1300
Lot Features
Other

Parking & Garage

Has Garage
No

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service

Community & HOA

Community Features
Public Transportation, Park, Medical Facility, Highway Access, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,038
Tax Year
2025
Tax Assessed Value
$321,300
Parcel Number
S:09950 P:0092,2602649
Zoning
R3

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate

Location

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Neighborhood

49 Prospect St, Springfield MA 01107

Springfield, MA 01107

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $420
Homeowners Insurance $200
PMI $0

Property History

Market Insights

Property Timeline

Sold
Sep 15, 2025
Property sold
🏠
Listed for Sale
Jul 28, 2025
$415,000
Original listing
Agent: Mark Lesses Group Office: Coldwell Banker Realty - Lexington

Price & Status History

Date Event Price Change
Jul 28, 2025 New Listing Added $415,000

Market Statistics

Days on Market
28 days
Price per Sq Ft
$140

Tax History

Year Taxes Assessment
2025 $5,038 $321,300

Financial Details

Annual Property Tax
$5,038
Tax Year 2025
Assessed Value
$321,300

Listing Information

Listing Agent Mark Lesses Group
Listing Office Coldwell Banker Realty - Lexington
Agent MLS ID TM332056
Office MLS ID AN6216

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