$480,000
 $2,577 est/mo Sourced by Back At You

116-118 Massasoit St,Springfield, MA 01107

Springfield, MA 01107

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Description

Motivated Seller! Excellent opportunity to own this legal, fully vacant three-family property with strong income potential. The first and second-floor units each offer 3 bedrooms and 1.5 baths, while the spacious third-floor unit features 4 bedrooms and 1.5 baths and was previously rented for $2,525 per month. Each unit is separately metered, with tenants responsible for their own gas and electric utilities. Additional features include circuit breaker panels, three gas hot water tanks, updated kitchens, and updated bathrooms. The property will be delivered fully vacant, making it an excellent opportunity for both owner-occupants and investors. Lead compliance documentation is available for all three units.

Details

MLS #73527157
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1912
Days On Site112
Listing Provided ByRE/MAX IGNITE | Daisy Sanchez

Features

Bed(s)8
Bath(s) 6 Total
SQ Feet4,142
BasementY
Story(s)3
Units3
ZoningR2
Acreage0.11

Interior

Rooms Total16
Heating Yes / NoYes
HeatingSteam, Natural Gas, Individual, Unit Control
Interior FeaturesPantry, Living Room, Kitchen
Window FeaturesInsulated Windows
AppliancesRange, Refrigerator, Range Hood
Fireplaces Total0
Fireplace Yes / NoNo
FlooringTile, Varies, Laminate, Other

Exterior

RoofShingle
Construction MaterialsFrame
Foundation DetailsBlock
Lot FeaturesOther

Parking

Garage Yes / NoNo
Parking FeaturesOff Street

Utilities

Utilitiesfor Gas Range
SewerPublic Sewer
ElectricCircuit Breakers, Individually Metered

Taxes

Tax Annual Amount6887
Tax Assessed Value439200
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, Other, Sidewalks
Senior Community Yes / NoNo

Area Information

StateMA
CountyHampden
CitySpringfield
Zip Code01107
AreaHampden
Listing VS Median (in 01107)
Price:
$480,000
low | high
Med:
$327,500
81.770833333333% of Average
sqft:
4,142
low | high
Med:
2,212
96.595847416707% of Average
$ / sqft:
$116
low | high
Med:
$148
22.188157960354% of Average
On site:
112
low | high
Med:
4
100% of Average
Sourced by Back At You

Market Activity 01107

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Additional Information

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Contact

Learn More About This Property

Wendy Tauber

Wendy Tauber

HK Realty

 (603) 502-7151wendy@h-krealty.com
StateMA
CountyHampden
CitySpringfield
Zip Code01107
AreaHampden
Listing VS Median (in 01107)
Price:
$480,000
low | high
Med:
$327,500
81.770833333333% of Average
sqft:
4,142
low | high
Med:
2,212
96.595847416707% of Average
$ / sqft:
$116
low | high
Med:
$148
22.188157960354% of Average
On site:
112
low | high
Med:
4
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $360K - $600K
sqft: 3,000 - 5,000
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Listing Updated: September 8, 2026 at 5:29:42 PM PDT