438 Springfield, Agawam, MA 01001

Agawam
Local realty services provided by:ERA M. Connie Laplante Real Estate
438 Springfield,Agawam, MA 01001
$1,950,000
  • 16 Beds
  • 16 Baths
  • 7,680 sq. ft.
  • Multi-family
  • Active
Listed by: russell j. sabadosa
Office: premier choice realty
MLS#:73536156
Source:MLSPIN

Price summary

  • Price:$1,950,000
  • Price per sq. ft.:$253.91

About this home

Discover an exceptional investment opportunity at 438 Springfield Street, Agawam, Massachusetts. This meticulously maintained 16-unit multifamily property, originally constructed in 1965, offers approximately 7,680 square feet of living space and is fully occupied, providing immediate, stable cash flow for investors.The building features 16 residential units, with a total of 16 bedrooms and 16 full bathrooms, spread across two stories on a 13,440-square-foot lot. The property has been well maintained and is positioned for continued long-term performance.Recent capital improvements include the installation of new heat pumps in every unit, providing tenants with efficient heating and air conditioning while enhancing the property’s long-term value and reducing future capital expenditure needs. Additional income is generated through an on-site coin-operated laundry, producing approximately $150 per month.The property’s July 2026 trailing 12-month (T12) Net Operating Income (NOI) is...

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Home facts

  • Year built:1965
  • Listing ID #:73536156
  • Updated:August 13, 2026 at 11:08 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Full bathrooms:16
  • Rooms Total:32
  • Living area:7,680 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1965
  • Building area:7,680 sq. ft.
  • Lot area:0.31 Acres
  • Construction Materials:Brick
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,950,000
  • Price per sq. ft.:$253.91
  • Tax amount:$15,647 (2026)

Parking

  • Total parking spaces:24
  • Parking description:Paved Drive
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 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 or leasing 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 or leasing. 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.

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