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$449,900

New

201-203 College St

Springfield, MA, 01109

Multi-Family · MLS #73578606

Price/sqft

$140

Days on market

2 days

Year built

1916

Lot size

0.11 ac

3 full

Baths

3,212 sq ft

Sq Ft

0.11 acres

Lot

1916

Year Built

1 car

Garage

Taxes: $4,972 (2025)

About this home

Excellent investment opportunity with this legal three-family property, tenanted by the same reliable non-profit for the past four years. Fully remodeled in 2022 with updated cabinets, refinished flooring, and renovated bathrooms, this property also features major updates including a new roof (2024), new furnace and water heaters (2021), new doors, new insulation (2022), electrical panels (2021), and a rebuilt porch (2024).Please note that photography reflects the property's condition following its 2022 renovation & previous staging; minor cosmetic wear commensurate with ongoing tenancy may be observed in person. On-site parking and a two-car garage abut a nicely sized, fenced-in yard, providing tenants with green space while maintaining low maintenance for investors. Strong rental demand and solid proximity to local institutions make this an ideal income-producing asset. Group showings scheduled for next week with advance notice.

Location

201-203 College St, Springfield, MA, 01109

Property details

Road type
Public
Basement
Full
Electric
Circuit Breakers

Listed by Alex Anthony · Alex Anthony R.E.

Schedule a showing

201-203 College St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$2,984 / month

Down payment20% · $89,980
Interest rate6.95%

Loan term

Principal & interest
$2,382
Property tax
$414
Home insurance
$187

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

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