201-203 College St, Springfield MA 01109
Springfield, MA 01109
$449,900
Est. $2,889/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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About this home
Excellent investment opportunity with this legal three-family property, tenanted by the same reliable non-profit for the past four years. Fully remodeled in 2022 with updated cabinets, refinished flooring, and renovated bathrooms, this property also features major updates including a new roof (2024), new furnace and water heaters (2021), new doors, new insulation (2022), electrical panels (2021), and a rebuilt porch (2024).Please note that photography reflects the property's condition following its 2022 renovation & previous staging; minor cosmetic wear commensurate with ongoing tenancy may be observed in person. On-site parking and a two-car garage abut a nicely sized, fenced-in yard, providing tenants with green space while maintaining low maintenance for investors. Strong rental demand and solid proximity to local institutions make this an ideal income-producing asset. Group showings scheduled for next week with advance notice.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Showing Instructions Updated
Sep 22, 2026
New showing requirements
Showing Instructions Updated
Sep 17, 2026
New showing requirements
Showing Instructions Updated
Sep 17, 2026
New showing requirements
Listed for Sale
Sep 17, 2026
$449,900
Original listing
Agent: Alex Anthony
Office: Alex Anthony R.E.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/22/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 09/17/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 09/17/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 09/17/2026 | 🏠 Listed for Sale | $449,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,972 | $317,100 |
Financial Details
Annual Property Tax
$4,972
Tax Year 2025
Assessed Value
$317,100
Facts & Features
1 Car Garage
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1916
Living Area
3,212 sq ft
Lot Size
0.11 acres
Stories
3
Bedrooms
6
Full Baths
3
Total Rooms
15
Investment Metrics
Units
3
Unit 1 Rent
$1,475/mo · Y
Unit 2 Rent
$1,375/mo · Y
Unit 3 Rent
$1,325/mo · Y
Total Monthly Rent
$4,175/mo
Gross Income
$50,100
Net Operating Income
$50,100
Cap Rate
11.14%
Interior
Heating
Forced Air, Natural Gas, Electric
Cooling
None
Flooring
Wood
Appliances
Range, Dishwasher, Refrigerator
Fireplace
None
Basement
Full
Laundry
None
Features
Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Kitchen, Living Rm/dining Rm Combo
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Paved Drive
Total Spaces
5
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$4,972
Assessed Value
$317,100
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Certified Treated
Seller Disclosures
Sale Subject To Seller Completing A 1031 Tax-deferred Ex At No Addl Cost Or Liability To Buyer. 1 Furnace Heats All Units W/sup Elec Heat In 3rd. Listing Photos Are From 3/2022.sellers Are Licensed Brokers. All Info Is Appx, As Of This Date, & Subject To Change, Buyer & Agent Due Dil.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
white
Sq Ft Source
Public Record
Documents
None
County
Hampden
Total market time (incl. prior listings)
6 days
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1916
Bedrooms
6
Full Bathrooms
3
Living Area
3,212 sq ft
Total Rooms
15
Stories
3
Levels
3
Floor Layout
Interior Features
Flooring:
Wood
Appliances:
Range, Dishwasher, Refrigerator
Interior Features:
Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Kitchen, Living RM/Dining RM Combo
Windows:
Insulated Windows
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1916
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Brick/Mortar
Stories:
3
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas, Electric
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
5
Parking Features:
Paved Drive
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
Elementary Schools
10 schools
D
The Springfield Virtual School
0.4 mi
|
#326 of 346
|
Score: 30.7
Improved 11 spots from last year
-27.5 below state avg
201 students
Moderate
College Ready Curriculum
Grades PK-12
Your Educational Success Academy
1.5 mi
Grades K-12
A
Alfred G. Zanetti Montessori Magnet School
1.5 mi
|
#3 of 16
|
Score: 47.5
Improved 137 spots from last year
-10.7 below state avg
436 students
Diverse
Rising School
Grades PK-08
A+
Springfield Preparatory Charter School
1.6 mi
|
#2 of 16
|
Score: 48.5
Improved 94 spots from last year
-9.8 below state avg
485 students
Moderate
Rising School
Strong Attendance
Grades K-08
B
Veritas Preparatory Charter School
1.8 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
Academy Hill School
1.9 mi
Grades PK-08
Grace Academy
1.9 mi
Grades K-12
St. Michael's Academy
1.9 mi
Grades PK-08
Pioneer Valley Christian Academy
2.4 mi
Grades PK-12
Pioneer Valley Montessori School
3.3 mi
Grades PK-06
Middle Schools
10 schools
C
John J. Duggan Middle School
1.7 mi
|
#251 of 346
|
Score: 47.1
Improved 35 spots from last year
-11.1 below state avg
843 students
Diverse
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
C+
STEM Middle Academy
0.4 mi
|
#12 of 16
|
Score: 24.5
Improved 298 spots from last year
-33.7 below state avg
241 students
Diverse
Rising School
Grades 06-08
C-
Van Sickle Prep School
1.3 mi
|
#15 of 16
|
Score: 21.0
Improved 330 spots from last year
-37.2 below state avg
207 students
Moderate
Rising School
Grades 06-08
B-
Van Sickle Academy
1.3 mi
|
#10 of 16
|
Score: 28.1
Improved 340 spots from last year
-30.1 below state avg
256 students
Moderate
Rising School
Grades 06-08
Springfield Commonwealth Academy
1.6 mi
Grades 06-08
F
South End Middle School
1.9 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
2.2 mi
|
#341 of 352
|
Score: 26.3
Improved 18 spots from last year
-31.9 below state avg
460 students
Diverse
Grades 06-08
Springfield Middle School
2.4 mi
15 students
Moderate
Grades 06-08
F
Springfield Public Day Middle School
2.4 mi
|
#352 of 352
|
Score: 19.5
Improved 14 spots from last year
-38.7 below state avg
45 students
Diverse
Grades 06-08
D
Springfield Legacy Academy
2.8 mi
|
#16 of 16
|
Score: 18.8
Improved 340 spots from last year
-39.4 below state avg
243 students
Less Diverse
Rising School
Grades 06-08
High Schools
10 schools
C
Emergence Academy
1.2 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
C
The Springfield Renaissance School an Expeditionary Learning School
1.3 mi
|
#275 of 346
|
Score: 45.0
Improved 6 spots from last year
-13.2 below state avg
596 students
Diverse
High Graduation Rate
College Ready Curriculum
Grades 06-12
C-
Conservatory of the Arts
1.4 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-
Baystate Academy Charter Public School
1.4 mi
|
#306 of 346
|
Score: 37.1
Improved 37 spots from last year
-21.1 below state avg
344 students
Diverse
Rising School
College Ready Curriculum
Grades 06-12
C+
Libertas Academy Charter School
1.8 mi
|
#238 of 346
|
Score: 48.5
Improved 106 spots from last year
-9.8 below state avg
592 students
Moderate
7 sports
• 134 athletes
Rising School
Grades 06-12
F
Springfield International Academy at Sci-Tech
0.5 mi
|
#340 of 346
|
Score: 20.7
Dropped 40 spots from last year
-37.5 below state avg
52 students
Diverse
Career Tech Programs
College Ready Curriculum
Diverse Student Body
Grades 09-12
C-
Springfield High School of Science and Technology
0.5 mi
|
#311 of 346
|
Score: 36.3
Dropped 1 spots from last year
-21.9 below state avg
1,147 students
Moderate
13 sports
• 870 athletes
Career Tech Programs
College Ready Curriculum
Grades 09-12
A
Roger L. Putnam Vocational Technical Academy
0.5 mi
|
#6 of 25
|
Score: 50.3
Improved 257 spots from last year
-7.9 below state avg
1,377 students
Moderate
High Graduation Rate
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
F
Phoenix Academy Public Charter High School, Springfield
1.0 mi
|
#343 of 346
|
Score: 20.1
Improved 5 spots from last year
-38.1 below state avg
175 students
Moderate
College Ready Curriculum
Grades 09-12
C
Springfield Central High School
1.1 mi
|
#261 of 346
|
Score: 46.4
Improved 38 spots from last year
-11.8 below state avg
2,015 students
Diverse
17 sports
• 1,176 athletes
Rising School
College Ready Curriculum
Strong Athletics
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
$414
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
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
201-203 College St, Springfield MA 01109
Springfield, MA 01109
Listing Information
Listing Agent
Alex Anthony
Listing Office
Alex Anthony R.E.
Office Phone
413-949-1619
Agent MLS ID
CT007035
Office MLS ID
AN8483
Listing Data Updated
Sep 22, 2026 2:11 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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