120-122 Central St, Springfield, MA 01105

Springfield
Local realty services provided by:ERA M. Connie Laplante Real Estate
120-122 Central St,Springfield, MA 01105
$2,000,000
  • 23 Beds
  • 16 Baths
  • 11,260 sq. ft.
  • Multi-family
  • Active
Listed by: andrew rodman
Office: lock and key realty inc.
MLS#:73501818
Source:MLSPIN

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$177.62

About this home

120–122 Central Street presents a rare opportunity to acquire a 16-unit asset in a prime Springfield location, just minutes from the Naismith Memorial Basketball Hall of Fame and MGM Springfield. Perfect for a 1031 exchange this property features a strong unit mix of (7) two-bedroom apartments and (9) one-bedroom apartments, catering to a wide tenant base.With gross rents exceeding $22,000 per month, this building offers immediate cash flow and solid investment performance. All 16 units have lead certificates, providing added compliance and peace of mind for ownership.Positioned in a high-demand rental area with close proximity to major attractions, employment centers, and amenities, with a large off street parking lot this is a turnkey opportunity for investors looking to scale their portfolio with a stabilized, income-producing asset.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1927
  • Listing ID #:73501818
  • Updated:August 11, 2026 at 11:09 AM

Rooms and interior

  • Bedrooms:23
  • Total bathrooms:16
  • Full bathrooms:16
  • Rooms Total:55
  • Flooring:Vinyl, Wood
  • Basement Description:Full
  • Living area:11,260 sq. ft.

Structure and exterior

  • Year built:1927
  • Building area:11,260 sq. ft.
  • Lot area:0.27 Acres
  • Construction Materials:Brick
  • Exterior Features:Porch, Rain Gutters
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,000,000
  • Price per sq. ft.:$177.62
  • Tax amount:$20,977 (2025)

Parking

  • Total parking spaces:10
  • Parking description:Driveway, Off Street, Paved, 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.

New listings near 120-122 Central St