$495,000
69 Winter St
Springfield, MA, 01105
This downtown Springfield investment property offers a $5,300 rent roll. The property consists of a joisted masonry building containing one 3BR apartment, one 5BR apartment, and nine individual garage bays. Apartments feature a sunroom, and the 5BR apartment also has an office. The apartments are bright with renovated kitchens and a combination of hardwood and laminate flooring. The projected NOI is $53,000 and the cap rate is 10.7%. Located across the street from the Springfield FD Headquarters, the property offers access to major highways I-91, I-291 & I-90 (the Mass Pike); as well as area hospitals (under two miles to Baystate Medical Center and approximately one mile to Mercy Medical Center). The property is situated close to Springfield’s CBD, nearby to MGM Springfield and the Basketball Hall of Fame, within a 30-minute drive time of UMass Amherst and the Five College Area.
Property Details
Price:
$495,000
MLS #:
73372437
Status:
Active
Beds:
8
Baths:
2
Address:
69 Winter St
Type:
Multi Family
City:
Springfield
Listed Date:
May 9, 2025
State:
MA
Finished Sq Ft:
3,520
Total Sq Ft:
3,520
ZIP:
01105
Lot Size:
6,617 sqft / 0.15 acres (approx)
Year Built:
1920
Units:
2
Schools
Interior
Appliances
Range, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Wood, Laminate, Hardwood
Heating
Electric, Steam, Natural Gas
Exterior
Community Features
Public Transportation, Park, Medical Facility, Highway Access, Public School, Sidewalks
Construction Materials
Brick
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Other
Roof
Shingle
Financial
Tax Year
2024
Taxes
$4,641
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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Courtesy of Marcus & Millichap Real Estate Investment Services. 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.
69 Winter St
Springfield, MA
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