$1,725,000 ($132.80 per sqft)

Est. Mortgage $8,385/mo *

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236-240 Locust St, Springfield, MA, 01108

236-240 Locust St, Springfield, MA, 01108

56 rooms

24 beds

16 Full baths

1924

12,989 sqft

236-240 Locust St contains sixteen (16) total units comprised of eight (8) 2-Bedroom/1-Bathroom units and eight (8) 1-Bedroom/1-Bathroom units with 12,989 square feet of gross living area in 16,207 square feet of gross area. The Property is situated upon a 0.23-acre parcel and features on-street parking. The Property is well-positioned in the urban core of Springfield, offering strong access to the city’s downtown business district, neighborhood retail corridors, and surrounding residential neighborhoods. Tenants are responsible for electricity, while the Landlord is responsible for gas powered heat & hot water and city water & sewer. Recent capital improvements include an upgraded boiler and hot water system from 2025, adding to the durability and long term value of the asset. The opportunity exists to acquire a well maintained asset with recently upgraded utilities in the densely populated Springfield market.


Status:

Active

Type:

Multi-family

Units:

16

Zoning:

R3

Heating:

Natural Gas

Levels:

5

Parking:

On Street

Acreage:

0.23

Est. Taxes:

$21,078

Assessment

$1,344,700

Lot Description:

Other

Amenities:

Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University, Other

MLS #:

73495011


Community Info

School Info

Walk Score

Mass Transit

Yelp


Listing courtesy of Michael Bradley, Horvath & Tremblay 781-776-4000