120-122 Central St
Springfield, MA 01105
23
Bed
16
Bath
11,260Sqft
0.27Acre(Lot)
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 port
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 16 Full Baths: 16Room Information
Total Bedroom: 23 -
Flooring Information
Wood, Vinyl -
Heating & Cooling
WaterSource: Public
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Building Information
Year Built: 1927 Construction Materials: Brick Basement: Full -
Exterior Features
Rain GuttersFoundation Details: Brick/MortarPorch: Porch
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Lot Information
Lot Size Area: 0.27 Lot Size Units: Acres Lot Square Feet: 11,896 Lot Acres: 0.27 Stories: 5 Main Square Feet: 0.27Property Information
Property Type: Residential Income Sub Type: 5+ Family - 5+ Units Up/DownSQ ft (Living Area): 11,260
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Listing Price Information
Original Listing Price: $2050000
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Tax Information
Parcel Number: S:02560 P:0027,2577533 Annual Tax: $20977
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Parking Information
Parking Total: 10 Paved Drive, Off Street, Driveway, Paved
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Location Information
Direction: Maple street to central Street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 27 Chester St, Springfield, MA, 01105 | $199,000 | 5 | 2 | 1,498 | 1,498 SqFt |
| 20 Crosby St, Springfield, MA, 01105 | $269,000 | 5 | 2 | 1,736 | 1,736 SqFt |
| 415 Maple St, Springfield, MA, 01105 | $235,000 | 5 | 2 | 2,067 | 2,067 SqFt |
| 35-37 Pine St Court, Springfield, MA, 01105 | $459,900 | 6 | 4 | 2,376 | 2,376 SqFt |
| 270 Maple St, Springfield, MA, 01105 | $1,150,000 | 12 | 7 | 11,102 | 11,102 SqFt |
| 48 Madison Ave, Springfield, MA, 01105 | $425,000 | 4 | 2 | 3,692 | 3,692 SqFt |
| 18 Wendell Pl, Springfield, MA, 01105 | $449,900 | 8 | 3 | 3,496 | 3,496 SqFt |
| 27 Loring St, Springfield, MA, 01105 | $569,900 | 8 | 4 | 5,880 | 5,880 SqFt |
| 91 E Park St, Springfield, MA, 01105 | $2,150,000 | 17 | 17 | 12,184 | 12,184 SqFt |
| 55-59 Margaret St, Springfield, MA, 01105 | $579,900 | 11 | 4 | 4,500 | 4,500 SqFt |
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ByOwner last updated this listing 06/24/2026 @ 03:32
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