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$1,725,000

Active

236-240 Locust St

Springfield, MA, 01108

Multi-Family · MLS #73495011

Price/sqft

$133

Days on market

New today

Year built

1924

Lot size

0.23 ac

12,989 sq ft

Sq Ft

0.23 acres

Lot

1924

Year Built

Taxes: $21,078 (2026)

About this home

236-240 Locust St contains sixteen (16) total units comprised of eight (8) 2-Bedroom/1-Bathroom units and eight (8) 1-Bedroom/1-Bathroom units with 12,989 square feet of gross living area in 16,207 square feet of gross area. The Property is situated upon a 0.23-acre parcel and features on-street parking. The Property is well-positioned in the urban core of Springfield, offering strong access to the city’s downtown business district, neighborhood retail corridors, and surrounding residential neighborhoods. Tenants are responsible for electricity, while the Landlord is responsible for gas powered heat & hot water and city water & sewer. Recent capital improvements include an upgraded boiler and hot water system from 2025, adding to the durability and long term value of the asset. The opportunity exists to acquire a well maintained asset with recently upgraded utilities in the densely populated Springfield market.

Property details

Road type
Public
Electric
Individually Metered

Listed by Michael Bradley · Horvath & Tremblay

Schedule a showing

236-240 Locust St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$11,198 / month

Down payment20% · $345,000
Interest rate6.50%

Loan term

Principal & interest
$8,723
Property tax
$1,757
Home insurance
$719

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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