120-122 Central St, Springfield MA 01105

Springfield, MA 01105

$2,050,000

Est. $12,314/month

Beds

Baths

11,260

Sq Ft

$182

Price/Sq Ft

0.27

Acres

1927

Year Built

5+ Family - 5+ Units Up/Down

Type

Days on Market

Active Listed Apr 15, 2026 • MLS# 73501818 Copied!

About this home

120–122 Central Street presents a rare opportunity to acquire a 16-unit asset in a prime Springfield location, just minutes from the Naismith Memorial Basketball Hall of Fame and MGM Springfield. Perfect for a 1031 exchange this property features a strong unit mix of (7) two-bedroom apartments and (9) one-bedroom apartments, catering to a wide tenant base.With gross rents exceeding $22,000 per month, this building offers immediate cash flow and solid investment performance. All 16 units have lead certificates, providing added compliance and peace of mind for ownership.Positioned in a high-demand rental area with close proximity to major attractions, employment centers, and amenities, with a large off street parking lot this is a turnkey opportunity for investors looking to scale their portfolio with a stabilized, income-producing asset.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan with phone

Get the full experience in the BMN Boston app

Property Overview

Property Type

5+ Family - 5+ Units Up/Down

Listing Type

For Sale

Year Built

1927

Bedrooms

Full Bathrooms

Living Area

11,260 sq ft

Total Rooms

Stories

Levels

Facts & Features

Home Facts

Type Residential Income

Style 5+ Family - 5+ Units Up/Down

Year Built 1927

Living Area 11,260 sq ft

Lot Size 0.27 acres

Bedrooms 23

Full Baths 16

Total Rooms 55

Interior

Heating None

Cooling None

Flooring Wood, Vinyl

Appliances None

Fireplace None

Basement Full

Laundry None

Features None

Exterior

Construction Brick

Architecture None

Roof None

Features Rain Gutters

Pool None

Spa None

Fencing None

Patio/Porch Porch

Parking

Features Paved Drive, Off Street, Driveway, Paved

Total Spaces 10

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $20,977

Assessed Value $1,337,800

Interior Features

Flooring: Wood, Vinyl

Appliances:

Interior Features:

Windows:

Basement: Full

Laundry:

Security:

Construction & Materials

Year Built: 1927

Structure Type:

Exterior Materials: Brick

Roof:

Foundation: Brick/Mortar

Stories: 5

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters

Patio & Porch: Porch

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 10

Parking Features: Paved Drive, Off Street, Driveway, Paved

Location

Loading map...

Neighborhood

120-122 Central St, Springfield MA 01105

Springfield, MA 01105

Walkability

Loading Walk Score...

Nearby Schools

School District

Springfield School District local

🎓 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

Elementary Schools

3 schools

C-

Milton Bradley School

0.2 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

Your Educational Success Academy

0.3 mi

Grades K-12

B+

Veritas Preparatory Charter School

0.4 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

Middle Schools

3 schools

Springfield Commonwealth Academy

0.2 mi

Grades 06-08

South End Middle School

0.3 mi | #350 of 352 | Score: 23.5

Improved 12 spots from last year

-34.7 below state avg

163 students Moderate

Grades 06-08

Forest Park Middle School

1.2 mi | #343 of 352 | Score: 25.3

Improved 16 spots from last year

-32.9 below state avg

282 students Diverse

Grades 06-08

High Schools

3 schools

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

0.5 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

Emergence Academy

0.5 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

Learn about these ratings

Loading comparison...

Monthly Payment Calculator

Monthly Payment

Principal, interest, taxes & insurance

Loan Amount

After down payment

Total Interest

Over life of loan

Total Cost

Including down payment

Home Price

Down Payment

Down: $0

Interest Rate

Loan Term

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $1,748

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

Apr 15, 2026

$2,050,000

Original listing

Agent: Andrew Rodman Office: Lock and Key Realty Inc.

Date	Event	Price	Change	$/sqft	Details
04/15/2026	🏠 Listed for Sale	$2,050,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Apr 15, 2026	New Listing Added	$2,050,000	—

Market Statistics

Days on Market

41 days

Price per Sq Ft

$182

Tax History

Year	Taxes	Assessment
2025	$20,977	$1,337,800

Financial Details

Annual Property Tax

$20,977

Tax Year 2025

Assessed Value

$1,337,800

Listing Information

Listing Agent Andrew Rodman

Listing Office Lock and Key Realty Inc.

Agent MLS ID CN218763

Office MLS ID AN5521

Listing Data Updated Apr 19, 2026 3:06 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Elementary Schools

Middle Schools

High Schools

Monthly Payment Breakdown

Loan Summary

Listed for Sale

Customize Comparable Search

Distance & Location

Property Characteristics

Price & Value

Property Features

Market Filters

Display Options

📍 Comparable Properties Map

120-122 Central St, Springfield MA 01105

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

Monthly Payment Calculator

Monthly Payment Breakdown

Loan Summary

Rate Impact

Payment Over Time

Property History

Property Timeline

Listed for Sale

Detailed History Table ▼

Price & Status History

Market Statistics

Tax History

Financial Details

Listing Information

Comparable Properties

Customize Comparable Search

Distance & Location

Property Characteristics

Price & Value

Property Features

Market Filters

Display Options

📍 Comparable Properties Map

Adjust Property Details

Market Analytics for Springfield, MA

BMN Boston Real Estate

Schedule a Tour

Get the BMN Boston App