Sold
$570,000on August 4, 2026
Listed at $579,900 · -1.7% vs list
$579,900
Sold55-59 Margaret St
Springfield, MA, 01105
Multi-Family · MLS #73514166
Sold $/sqft
$127
Sold in
74 days
Year built
1923
Lot size
0.09 ac
4,500 sq ft
Sq Ft
0.09 acres
Lot
1923
Year Built
Taxes: $6,430 (2025)
About this home
Great investment opportunity! This well-maintained 4-unit building offers 11 bedrooms and strong income potential. There will be one vacant unit at closing! The other units have reliable tenants, so it provides immediate cash flow. Each unit has separate utilities, helping keep owner expenses low. With stable occupancy, solid rental history, and potential for future rent growth, this is an excellent opportunity to secure a high-performing, income-producing asset. Well cared for and consistently maintained, this property presents a turnkey opportunity for both seasoned investors and those looking to grow their portfolio. There is also potential to expand the attic, offering added value and additional possibilities. Conveniently located near local amenities, shopping, dining, and transportation, making it highly attractive for renters.
Price history
Listed
May 21, 2026 · 3 mo ago
$579,900
Sold
Aug 4, 2026 · 28 days ago
$570,000
Price upon request (-1.7%)
Location
55-59 Margaret St, Springfield, MA, 01105
Property details
- Road type
- Paved
- Basement
- Unfinished Basement, Exterior Access
- Electric
- Circuit Breakers
Listed by Ashley Jones · Coldwell Banker Realty - Western MA
This home has sold
Sold for $570,000on August 4, 2026
-1.7% vs list
Showings aren't available for this property, but Antonio Illas can find you homes like this one in Springfield that are still on the market.
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