116-118 Massasoit St Springfield MA 01107 MLS #73527157

116-118 Massasoit St
Springfield, MA, 01107
$480,000
8 Beds
4.5 Baths
4,142 SqFt
0.11 Acres
$480,000
116-118 Massasoit St
Springfield, MA, 01107
MLS #73527157 image #0
Motivated Seller! Excellent opportunity to own this legal three-family property with strong income potential. The first and second floor units each offer 3 bedrooms, while the third-floor unit features 4 bedrooms. All units offer 1.5 baths and are individually metered with tenants paying their own gas and electric utilities. Property includes circuit breaker panels, three gas hot water tanks, updated kitchens, and updated bathrooms. First and second floor units will be delivered vacant, making this a great option for owner-occupants or investors. Lead compliance documentation available for all 3 units. Conveniently located near hospitals, shopping, restaurants, public transportation, and major highways for easy commuting. Open House Tuesday, June 2, 2026 from 4:00 PM – 6:00 PM.

Property Details

Price:
$480,000
MLS #:
73527157
Status:
Pending
Beds:
8
Baths:
4.5
Type:
Multi Family
Subtype:
3 Family
Listed Date:
May 30, 2026
Finished Sq Ft:
4,142
Total Sq Ft:
4,142
Lot Size:
4,657 sqft / 0.11 acres (approx)
Year Built:
1912
Units:
3

Schools

Interior

Above Grade Finished Area
4142
Appliances
Range, Refrigerator, Range Hood
Bathrooms
3 Full Bathrooms, 3 Half Bathrooms
Flooring
Tile, Varies, Laminate, Other
Heating
Steam, Natural Gas, Individual, Unit Control
Interior Features
Pantry, Living Room, Kitchen
Levels
3

Exterior

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, Other, Sidewalks
Construction Materials
Frame
Green Energy Efficient
Varies per Unit, Other (See Remarks)
Lot Features
Other
Open Parking Spaces
3
Parking Features
Off Street
Parking Spots
3
Parking Total
3
Patio And Porch Features
Porch
Roof
Shingle
Stories
3
Window Features
Insulated Windows

Financial

Net Operating Income
$30,000
Tax Year
2025
Taxes
$6,887
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

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 Jun 21, 2026
125
Multi Family Listed
112
Avg DOM
150
Avg $ / SqFt
$473,758
Avg List Price

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Property Summary

    116-118 Massasoit St Springfield MA is a Multi Family for sale in Springfield, MA, 01107. It is listed for $480,000 To schedule a showing of MLS#73527157 at 116-118 Massasoit St in Springfield, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
116-118 Massasoit St
Springfield, MA