$405,000
10 Monroe St
Springfield, MA, 01109
Add a strong income-producing property to your portfolio with this two-family home, currently generating $4,800 in total monthly rental income. Leased tenants are in place, with the second-floor unit scheduled to be vacant at the end of October, offering added flexibility for an owner-occupant or investor looking to secure a new tenant at market rent. The low-maintenance yard helps keep upkeep simple and costs manageable. Looking to maximize your return? There is potential to explore the addition of a third-floor unit, subject to obtaining the necessary city permits, approvals, and meeting applicable building requirements.Whether you’re an experienced investor looking to expand your portfolio or just getting started in real estate investing, this property offers current rental income and exciting possibilities for future growth. Don’t miss this opportunity to invest in your future!
Property Details
Price:
$405,000
MLS #:
73548440
Status:
Active
Beds:
6
Baths:
2
Type:
Multi Family
Listed Date:
Jul 12, 2026
Finished Sq Ft:
1,910
Total Sq Ft:
1,910
Lot Size:
1,808 sqft / 0.04 acres (approx)
Year Built:
1910
Units:
2
Schools
Elementary School:
Per Board Of Ed
Middle School:
Per Board Of Ed
High School:
Per Board Of Ed
Interior
Above Grade Finished Area
1910
Appliances
Range, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Wood, Tile, Vinyl / VCT
Heating
Forced Air, Natural Gas
Interior Features
Living Room, Kitchen
Laundry Features
Electric Dryer Hookup, Washer Hookup
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, University
Exterior Features
Balcony
Lot Features
Level
Patio And Porch Features
Porch
Roof
Shingle
Stories
3
Financial
Tax Year
2025
Taxes
$4,525
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Springfield as of Nov 08, 2026
146
Multi Family Listed
112
Avg DOM
155
Avg $ / SqFt
$458,346
Avg List Price
Community
- Address10 Monroe St Springfield MA
- CitySpringfield
- CountyHampden
- Zip Code01109
Subdivisions in Springfield
- 1335
- 16 Acres
- Between Boston Rd & Roosevelt Ave close to I291 & MA PIKE
- Boston Road
- Colonial Hill
- Cozy Corner
- East Forest Park
- East Springfield
- Forest Park
- Forest Park Heights
- Forest Park Historic District
- Hill McKnight
- Historic McKnight
- Indian Orchard
- Liberty Heights
- McKnight
- Pine Point
- Popular East Forest Park Neighborhood w/ a Strong Sense Of Community
- Popular Residential Neighborhood Near New Shops & Restaurants
- Private 16 Acres Neighborhood near the Wilbraham Line in area of exclusive homes
- Sixteen Acres
Similar Listings Nearby
Property Summary
- 10 Monroe St Springfield MA is a Multi Family for sale in Springfield, MA, 01109. It is listed for $405,000 To schedule a showing of MLS#73548440 at 10 Monroe St in Springfield, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of HB Real Estate, LLC. The property listing data and information 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 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 set forth herein.
10 Monroe St
Springfield, MA