40 Warriner Ave

Springfield, MA, 01108

$1,650,000

12 Beds

12 Baths

13,755 SqFt

0.16 Acres

INVESTMENT OPPORTUNITY WITH ADDITIONAL DEVELOPMENT POTENTIAL! This 12-unit multifamily property offers strong income potential in a convenient Springfield location. Major improvements completed in 2025 and 2026 include a NEW ROOF and NEW HEATING SYSTEM. Excellent opportunity at 40 Warriner Ave in Springfield! This property is being offered together with the adjacent lot, creating exciting possibilities for investors and developers. Per a recent conversation with the City of Springfield Zoning Department, the adjacent lot may have the potential to accommodate a new three-family residential building. Zoning also indicated that the existing parking arrangement for 40 Warriner Ave is grandfathered and that the adjacent lot is not required to serve as parking for the existing building. This presents a unique opportunity to own an existing property along with additional land that may offer future development potential.Buyer and buyer’s agent to perform their own due diligence and verify all zoning, building requirements, permitting, and development possibilities with the City of Springfield.

Property Details

Price:

$1,650,000

MLS #:

73571198

Status:

Active

Beds:

Baths:

Type:

Multi Family

Subtype:

5+ Family – 5+ Units Up/Down

Listed Date:

Sep 2, 2026

Finished Sq Ft:

13,755

Total Sq Ft:

13,755

Lot Size:

7,000 sqft / 0.16 acres (approx)

Year Built:

1913

Units:

Schools

Interior

Above Grade Finished Area

13755

Bathrooms

12 Full Bathrooms

Levels

Exterior

Community Features

Public Transportation, Shopping, Highway Access, Public School

Lot Features

Corner Lot

Parking Features

Off Street

Stories

Financial

Net Operating Income

$166,644

Tax Year

2025

Taxes

$13,817

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Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

pegasusrealtyma@gmail.com

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…

More About Marie

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Current real estate data for Multi Family in Springfield as of Nov 09, 2026

147

Multi Family Listed

112

Avg DOM

156

Avg $ / SqFt

$458,493

Avg List Price

Community

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Property Summary

781-858-3505

Courtesy of Berkshire Hathaway HomeServices Realty Professionals. 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.

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