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69 Winter StSpringfield, MA 01105

Hampden County

$379,000List price
8Beds
2Baths
3,520Sq Ft
1890Year built
0.15Acre lot
10Garage
3Stories
3 months agoOn market

Description

Strong investment property. This downtown Springfield investment property offers a $5,500+ monthly rent roll. The property consists of a joisted masonry building containing one 3BR apartment, one 5BR apartment, and ten garage bays that lease at a monthly rate of $150 each. Apartments feature a sunroom, and the 5BR apartment also has an office. The apartments are bright with renovated kitchens and a combination of hardwood and laminate flooring. The NOI is $50,579 and the cap rate is 13.35%. Located nearby to the Springfield FD Headquarters, the property offers access to major highways I-91, I-291 & I-90 (the Mass Pike); as well as area hospitals (under two miles to Baystate Medical Center and approximately one mile to Mercy Medical Center). The property is situated close to Springfield’s CBD, nearby to MGM Springfield and the Basketball Hall of Fame, within a 30 minute drive time of UMass Amherst and the Five College Area.

Property Information

Property type
Residential Income
Sub-type
Multi Family
Year built
1890
Stories
3
Living area
3,520 Sq Ft
Lot size
0.15 acres
Garage spaces
10
Parking spaces
10
Zoning
B1
Days on market
105
MLS® Listing#
73536012

Property Features

Exterior
Rain Gutters
Appliances
Range · Refrigerator · Gas Water Heater
Cooling
Window Unit(s)
Heating
Natural Gas · Electric · Steam · Zoned
Flooring
Wood · Laminate · Hardwood
Basement
Full · Concrete · Unfinished
Parking
Paved · Other
Construction
Brick
Foundation
Brick/Mortar
Roof
Shingle
Windows
Insulated Windows
Community
Park · Sidewalks
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$8,321Tax year 2026
Assessed value
$389,200
Parcel number
S:12395 P:0023,2613229

Directions

Downtown, accessible from Chestnut or Spring

Listing Courtesy: Timothy Thompson - 4132109383

Presented by: Tim Thompson

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Copyright ©2026 MLS Property Information Network, Inc. All Rights Reserved.

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