$579,900
55-59 Margaret St
Springfield, MA, 01105
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 transportation, making it highly attractive for renters.
Property Details
Price:
$579,900
MLS #:
73514166
Status:
Active
Beds:
11
Baths:
4
Type:
Multi Family
Subtype:
4 Family
Neighborhood:
soendcentral
Listed Date:
May 6, 2026
Finished Sq Ft:
4,500
Total Sq Ft:
4,500
Lot Size:
4,025 sqft / 0.09 acres (approx)
Year Built:
1923
Units:
4
Schools
Interior
Above Grade Finished Area
4500
Appliances
Range, Refrigerator
Bathrooms
4 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Wood, Tile, Vinyl
Heating
Electric, Natural Gas
Interior Features
Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Lead Certification Available, Living Room, Kitchen
Levels
4
Exterior
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University
Construction Materials
Frame
Lot Features
Cleared, Level
Patio And Porch Features
Porch, Deck – Wood
Roof
Shingle
Stories
4
Financial
Tax Year
2025
Taxes
$6,430
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
Community
- Address55-59 Margaret St Springfield MA
- CitySpringfield
- CountyHampden
- Zip Code01105
Subdivisions in Springfield
Similar Listings Nearby
Property Summary
- 55-59 Margaret St Springfield MA is a Multi Family for sale in Springfield, MA, 01105. It is listed for $579,900 To schedule a showing of MLS#73514166 at 55-59 Margaret St in Springfield, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of ROVI Homes. 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.
55-59 Margaret St
Springfield, MA