55-59 Margaret St
Springfield, MA 01105
11
Bed
4
Bath
4,500Sqft
0.09Acre(Lot)
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 transporta
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Total Bedroom: 11 -
Flooring Information
Wood, Tile, Vinyl -
Roofing Information
Shingle -
Interior Features
Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Lead Certification Available, Living Room, Kitchen Roof: Shingle Appliances: Range, Refrigerator -
Heating & Cooling
Heating: Electric, Natural Gas Cooling: Window Unit(s) WaterSource: Public
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Building Information
Year Built: 1923 Construction Materials: Frame Basement: Unfinished -
Exterior Features
Foundation Details: Brick/MortarPorch: Porch, Deck - Wood -
Road Types
Paved
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Lot Information
Lot Description: Cleared, Level Lot Size Area: 0.09 Lot Size Units: Acres Lot Square Feet: 4,025 Lot Acres: 0.09 Stories: 4 Main Square Feet: 0.09Property Information
Property Type: Residential Income Sub Type: 4 FamilySQ ft (Living Area): 4,500
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Listing Price Information
Original Listing Price: $599999
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Tax Information
Parcel Number: S:08255 P:0056,2594249 Annual Tax: $6430
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Utility Information
for Gas Range, for Electric Range -
Location Information
Direction: Use GPS
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 |
| 120-122 Central St, Springfield, MA, 01105 | $2,000,000 | 23 | 16 | 11,260 | 11,260 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 |
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ByOwner last updated this listing 06/23/2026 @ 22:02
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