201-203 College StSpringfield, MA 01109
Hampden County
Description
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.
Property Information
- Property type
- Residential Income
- Sub-type
- Triplex
- Year built
- 1916
- Stories
- 3
- Living area
- 3,212 Sq Ft
- Lot size
- 0.11 acres
- Garage spaces
- 1
- Parking spaces
- 5
- Zoning
- R2
- Days on market
- 5
- MLS® Listing#
- 73578606
Property Features
- Appliances
- Range · Dishwasher · Refrigerator
- Heating
- Natural Gas · Forced Air · Electric
- Flooring
- Wood
- Basement
- Full
- Parking
- Paved
- Foundation
- Brick/Mortar
- Roof
- Shingle
- Windows
- Insulated Windows
- Community
- Park
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- Annual taxes
- $4,972Tax year 2025
- Assessed value
- $317,100
- Parcel number
- S:03020 P:0058,2579168
Directions
Take Tapley St and Bay St to College St
Listing Courtesy: Alex Anthony R.E. - 4139491619
Presented by: Alex Anthony
Springfield Market Statistics
How this home compares to 311 active listings in Springfield, MA
| Springfield median | This listing | |
|---|---|---|
| Median listing price | $339,572 | $449,900 |
| Median days on market | 35 | 5 |
| Median Sq Ft | 1,728 | 3,212 |
| Median price / Sq Ft | $208 | $140 |
Market statistics compiled from active EXIT Realty® and MLS listings in Springfield, MA.
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