55-59 Margaret St, Springfield, MA 01105

Springfield
Local realty services provided by:ERA Cape Real Estate
55-59 Margaret St,Springfield, MA 01105
$579,900
  • 11 Beds
  • 4 Baths
  • 4,500 sq. ft.
  • Multi-family
  • Active
Listed by: ashley jones
Office: coldwell banker realty - western ma
MLS#:73514166
Source:MLSPIN

Price summary

  • Price:$579,900
  • Price per sq. ft.:$128.87

About this home

Great investment opportunity! This well-maintained 4-unit building offers 11 bedrooms and strong income potential. There will be one vacant unit at closing! The other units have reliable tenants, so it provides immediate cash flow. Each unit has separate utilities, helping keep owner expenses low. With stable occupancy, solid rental history, and potential for future rent growth, this is an excellent opportunity to secure a high-performing, income-producing asset. Well cared for and consistently maintained, this property presents a turnkey opportunity for both seasoned investors and those looking to grow their portfolio. There is also potential to expand the attic, offering added value and additional possibilities. Conveniently located near local amenities, shopping, dining, and transportation, making it highly attractive for renters.

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Home facts

  • Year built:1923
  • Listing ID #:73514166
  • Updated:June 24, 2026 at 10:31 AM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:19
  • Flooring:Tile, Vinyl, Wood
  • Bathrooms Description:Bathroom With Tub & Shower
  • Kitchen Description:Kitchen, Range, Refrigerator
  • Basement Description:Unfinished
  • Living area:4,500 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Electric, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1923
  • Building area:4,500 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Cleared, Level
  • Construction Materials:Frame
  • Exterior Features:Deck - Wood, Porch
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$579,900
  • Price per sq. ft.:$128.87
  • Tax amount:$6,430 (2025)

Features and amenities

  • Appliances:Range, Refrigerator
  • Amenities:Ceiling Fan(s)
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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