48-50 Dresden St Springfield MA 01109 MLS #73468658

48-50 Dresden St
Springfield, MA, 01109
$449,900
9 Beds
3 Baths
3,484 SqFt
0.16 Acres
$449,900
48-50 Dresden St
Springfield, MA, 01109
Open House Sat 02/07 12pm-2pm **Ask about fixed-rate options in the 4s & 1st-time homebuyer grants up to $50,000.** Well-maintained three-family property offering excellent flexibility for both owner-occupants and investors. Two units are currently vacant, providing an ideal opportunity to live in one unit while renting the others, or to lease all three at market rents. The units have been recently updated and feature forced hot air (central) heating for efficient, year-round comfort. Lead compliance certificates are on hand for all units, offering added peace of mind and simplifying the rental process. Spacious layouts with bright interiors and modern finishes throughout. Conveniently located near local amenities, schools, and major routes. A true cash cow with market rents of approximately $2,100 per unit, offering strong income potential and upside.

Property Details

Price:
$449,900
MLS #:
73468658
Status:
Active Under Contract
Beds:
9
Baths:
3
Address:
48-50 Dresden St
Type:
Multi Family
Subtype:
3 Family
City:
Springfield
Listed Date:
Jan 14, 2026
State:
MA
Finished Sq Ft:
3,484
Total Sq Ft:
3,484
ZIP:
01109
Lot Size:
7,048 sqft / 0.16 acres (approx)
Year Built:
1912
Units:
3

Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
3 Full Bathrooms
Heating
Forced Air, Natural Gas

Exterior

Community Features
Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, University
Construction Materials
Frame
Parking Features
Paved Drive, Off Street
Parking Spots
8
Roof
Shingle

Financial

Net Operating Income
$76,080
Tax Year
2025
Taxes
$5,198
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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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