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73 Chestnut St, Springfield MA 01103

Springfield, MA 01103
$700,000
Est. $5,263/month
7,983
Sq Ft
$88
Price/Sq Ft
0.14
Acres
1899
Year Built
236
Days on Market
Active Listed Jul 3, 2025 • MLS# 73399423 Copied!

About this home

Prominent and historic professional office building available for sale in downtown Springfield. 73 Chestnut, known historically as Rose Cottage, is situated adjacent to the Springfield Museums campus, seconds from Metro Center and area highways. The building comprises three levels of beautiful office suites, including a finished basement, and a partially finished top floor that is currently used for storage. The interior features rich wood and brick craftsmanship throughout. The property benefits from good visibility on busy Chestnut Street and a paved, private driveway for parking. Many investment, owner-occupant, or redevelopment possibilities.

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Property Overview

Listing Type
Commercial Sale
Year Built
1899
Living Area
7,983 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1899
Living Area 7,983 sq ft
Lot Size 0.14 acres

Interior

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

Exterior

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

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $18,276

Interior Features

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

Construction & Materials

Year Built: 1899
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features:

Location

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Neighborhood

73 Chestnut St, Springfield MA 01103

Springfield, MA 01103

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
Your Educational Success Academy
0.3 mi
Grades K-12
C-
Milton Bradley School
0.5 mi | #743 of 824 | Score: 33.0
Improved 31 spots from last year
-25.2 below state avg
385 students Moderate
Rising School
Grades PK-05
B+
Veritas Preparatory Charter School
0.9 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
M

Middle Schools

3 schools
F
South End Middle School
0.5 mi | #350 of 352 | Score: 23.5
Improved 12 spots from last year
-34.7 below state avg
163 students Moderate
Grades 06-08
Springfield Commonwealth Academy
0.7 mi
Grades 06-08
B
Hampden Charter School of Science Middle School
1.1 mi | #147 of 346 | Score: 55.9
Improved 53 spots from last year
-2.3 below state avg
938 students Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades 06-12
H

High Schools

3 schools
C-
Libertas Academy Charter School
0.2 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-
Conservatory of the Arts
0.4 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-
High School of Commerce
0.6 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
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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 $1,523
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.

Property History

Property Timeline

🏠
Listed for Sale
Jul 3, 2025
$700,000
Original listing

Price & Status History

Date Event Price Change
Jul 3, 2025 New Listing Added $700,000

Market Statistics

Days on Market
236 days
Price per Sq Ft
$88

Tax History

Year Taxes Assessment
2025 $18,276

Financial Details

Annual Property Tax
$18,276
Tax Year 2025

Listing Information

Listing Agent Paul Bongiorni
Listing Office Pioneer CRE
Agent MLS ID CN227113
Office MLS ID AN8977
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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