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Sold

$570,000on August 4, 2026

Listed at $579,900 · -1.7% vs list

$579,900

Sold

55-59 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

  1. Listed

    May 21, 2026 · 3 mo ago

    $579,900

  2. 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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