$1,650,000
Active40 Warriner Ave
Springfield, MA, 01108
Multi-Family · MLS #73571198
Price/sqft
$120
Days on market
5 days
Year built
1913
Lot size
0.16 ac
12 full
Baths
13,755 sq ft
Sq Ft
0.16 acres
Lot
1913
Year Built
Taxes: $13,817 (2025)
About this home
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 buyers agent to verify all information and perform their own due diligence.
Location
40 Warriner Ave, Springfield, MA, 01108
Property details
- Road type
- Public
- Basement
- Full
- Electric
- Individually Metered
Listed by Cassandra Swaby · Berkshire Hathaway HomeServices Realty Professionals
Schedule a showing
40 Warriner Ave
Estimated payment
$10,365 / month
Loan term
- Principal & interest
- $8,526
- Property tax
- $1,151
- Home insurance
- $688
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
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