$599,999
Active55-59 Margaret St
Springfield, MA, 01105
Multi-Family · MLS #73514166
Price/sqft
$133
Days on market
New today
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. Fully occupied with reliable tenants, 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.
Property details
- Road type
- Paved
- Basement
- Unfinished Basement, Exterior Access
- Electric
- Circuit Breakers
Listed by Ashley Jones · Coldwell Banker Realty - Western MA
Schedule a showing
55-59 Margaret St
Estimated payment
$3,820 / month
Loan term
- Principal & interest
- $3,034
- Property tax
- $536
- Home insurance
- $250
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
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