$1,650,000
 $8,858 est/mo Sourced by Back At You

40 Warriner Ave,Springfield, MA 01108

Springfield, MA 01108

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Description

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.

Details

MLS #73571198
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1913
Days On Site19
Listing Provided ByBerkshire Hathaway HomeServices Realty Professionals | Cassandra Swaby

Features

Bed(s)12
Bath(s) 12 Total
SQ Feet13,755
BasementY
Story(s)4
Units12
ZoningR3
Acreage0.16

Interior

Rooms Total22
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

Foundation DetailsBrick/Mortar
Lot FeaturesCorner Lot

Parking

Garage Yes / NoNo
Parking FeaturesOff Street

Utilities

SewerPublic Sewer
ElectricIndividually Metered

Taxes

Tax Annual Amount13817
Tax Assessed Value1042900
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Highway Access, Public School
Senior Community Yes / NoNo

Area Information

StateMA
CountyHampden
CitySpringfield
Zip Code01108
AreaHampden
Listing VS Median (in 01108)
Price:
$1,650,000
low | high
Med:
$329,950
100% of Average
sqft:
13,755
low | high
Med:
1,954
100% of Average
$ / sqft:
$120
low | high
Med:
$179
2% of Average
On site:
19
low | high
Med:
311
6.109324758842% of Average
Sourced by Back At You

Market Activity 01108

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Additional Information

Showing 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 Code01108
AreaHampden
Listing VS Median (in 01108)
Price:
$1,650,000
low | high
Med:
$329,950
100% of Average
sqft:
13,755
low | high
Med:
1,954
100% of Average
$ / sqft:
$120
low | high
Med:
$179
2% of Average
On site:
19
low | high
Med:
311
6.109324758842% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.237M - $2.62M
sqft: 10,000 - 17,000
Nearby Listings Property ImageNearby Listings Details
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228 Belmont Ave Property Photo 1
$1,350,000
228 Belmont Ave
Springfield, MA 01108
Listing Updated: September 6, 2026 at 3:11:49 AM PDT