40 Warriner Ave, Springfield MA 01108

Springfield, MA 01108
$1,650,000
Est. $9,695/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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12
Beds
12
Baths
13,755
Sq Ft
$120
Price/Sq Ft
0.16
Acres
1913
Year Built
36
Days on Market
For Sale Listed Sep 2, 2026 • MLS# 73571198 Copied! • Updated Sep 6, 2026

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About this home

Excellent investment opportunity! This 12-unit multifamily property offers strong income potential in a convenient Springfield location. Major improvements completed in 2025 and 2026 include a NEW ROOF and NEW HEATING SYSTEM. The property features a mix of spacious apartment layouts with separate utilities.Additional Value-Add Potential: Sale includes adjacent approximately 7,000 SF parcel (62.5' x 112'), currently utilized for off-street parking for the existing 12-unit property. The additional parcel may offer future development, site optimization, or expanded-use potential, subject to buyer due diligence and all applicable zoning, parking, permitting, and municipal approvals. An excellent opportunity for an investor to explore additional value beyond the strong in-place multifamily income. Well suited for an investor looking to add a substantial multifamily asset to their portfolio. Conveniently located near shopping, restaurants, public transportation and major routes. Showings by appointment only. Please do not disturb tenants. Buyer and buyer’s agent to verify all information and perform their own due diligence.

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Property History

Property Timeline

🏠
Listed for Sale
Sep 2, 2026
$1,650,000
Original listing
Office: Berkshire Hathaway HomeServices Realty Professionals

Tax History

Year Taxes Assessment
2025 $13,817 $1,042,900

Financial Details

Annual Property Tax
$13,817
Tax Year 2025
Assessed Value
$1,042,900

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1913
Living Area 13,755 sq ft
Lot Size 0.16 acres
Stories 4
Bedrooms 12
Full Baths 12
Total Rooms 22

Investment Metrics

Units 12
Unit 1 Rent $1,300/mo · Y
Unit 2 Rent $1,700/mo · Y
Total Monthly Rent $3,000/mo
Gross Income $208,800
Net Operating Income $166,644
Operating Expenses $42,156
Cap Rate 10.10%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $13,817
Assessed Value $1,042,900
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Hampden
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1913
Bedrooms
12
Full Bathrooms
12
Living Area
13,755 sq ft
Total Rooms
22
Stories
4
Levels
4

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 1913
Structure Type:
Exterior Materials:
Roof:
Foundation: Brick/Mortar
Stories: 4

Heating, Cooling & Utilities

Heating:
Heating Zones: 1
Cooling:
Hot Water: Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

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

3 schools
B
Veritas Preparatory Charter School
0.2 mi | #12 of 25 | Score: 34.5
Improved 339 spots from last year
-23.8 below state avg
769 students Moderate
Early College Program Rising School
Grades 05-12
C-
Sumner Avenue School
0.7 mi | #739 of 825 | Score: 33.3
Dropped 74 spots from last year
-24.9 below state avg
554 students Diverse
Grades PK-05
C-
Milton Bradley School
0.7 mi | #716 of 825 | Score: 34.5
Improved 58 spots from last year
-23.7 below state avg
377 students Moderate
Rising School
Grades PK-05
M

Middle Schools

3 schools
Springfield Commonwealth Academy
0.5 mi
Grades 06-08
F
South End Middle School
0.5 mi | #350 of 352 | Score: 23.0
Improved 12 spots from last year
-35.2 below state avg
176 students Moderate
Grades 06-08
F
Forest Park Middle School
0.8 mi | #341 of 352 | Score: 26.3
Improved 18 spots from last year
-31.9 below state avg
460 students Diverse
Grades 06-08
H

High Schools

3 schools
C-
Conservatory of the Arts
1.0 mi | #303 of 346 | Score: 37.6
Improved 2 spots from last year
-20.6 below state avg
292 students Moderate
High Graduation Rate College Ready Curriculum
Grades 06-12
C
High School of Commerce
1.0 mi | #272 of 346 | Score: 45.2
Improved 30 spots from last year
-13 below state avg
835 students Moderate
11 sports • 554 athletes
Early College Program Rising School College Ready Curriculum
Grades 09-12
C
Emergence Academy
1.0 mi | #21 of 25 | Score: 26.2
Improved 356 spots from last year
-32 below state avg
376 students Diverse
Rising School Diverse Student Body
Grades 06-12
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Monthly Payment Calculator

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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,151
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

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Current Rate
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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

40 Warriner Ave, Springfield MA 01108

Springfield, MA 01108

Listing Information

Listing Office Berkshire Hathaway HomeServices Realty Professionals
Office Phone 413-596-6711
Agent MLS ID CN249852
Office MLS ID AN7274
Listing Data Updated Sep 6, 2026 3:07 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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