18 beds8,000 sqft$125/sqft
174 Locust St, Springfield, MA 01108
Est: $5,839/moGet pre-approved

Description

Rare six-family investment opportunity! This one-of-a-kind property offers six spacious 3-bedroom units—18 bedrooms total—each featuring a generous living/dining area, spacious kitchen, and newer flooring. Every unit has separate utilities, including in-unit circuit breaker panels, separate electric hot water tanks, and separate forced hot-air gas heating systems, providing convenience and efficient management. Additional features include a newer rear deck, centrally monitored security system, intercom,...Rare six-family investment opportunity! This one-of-a-kind property offers six spacious 3-bedroom units—18 bedrooms total—each featuring a generous living/dining area, spacious kitchen, and newer flooring. Every unit has separate utilities, including in-unit circuit breaker panels, separate electric hot water tanks, and separate forced hot-air gas heating systems, providing convenience and efficient management. Additional features include a newer rear deck, centrally monitored security system, intercom, and individual door buzzers. With six large units, separate systems, and numerous updates already in place, this property stands apart from the typical six-family. An excellent opportunity for an investor looking to add a quality income-producing multifamily property to their portfolio. Rarely does a six-family with this combination of space, separate utilities, and amenities become available. Don't miss this exceptional investment opportunity!
LISTING UPDATED: 08/14/2026 03:10 AM

  1. Listed by Maher Khatib • M B C REALTORS®

Property Details for 174 Locust Street

Status
MLS #
73561263
Days on Market
14
Taxes
$9,079 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 5+ Family - 5+ Units Up/Down
Year Built
1989
Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Open Parking Spaces
6.00
Parking Spaces Total
6

Location

Listing Courtesy of M B C REALTORS®, Maher Khatib
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Building Information for 174 Locust Street

Stories5Residences6Year Built1989Building Size-Lot Size0.19 AC / 8,141 SF

Payment Calculator

$5,839 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,083

Property Taxes

$757

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 174 Locust Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Living Area: 8000.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Interior Access
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Laminate, Other
  • Interior Features: Living Room, Dining Room, Kitchen
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Disclosures: RENTS ARE PROJECTIONS.
Tax Information
  • Tax ID: S:07860 P:0030,2592279
  • Assessments: $579,000
  • Book: 25715
  • Tax Year: 2025
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 18
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Levels: 5
Income / Expenses
  • GOI: $151,200.00
  • NOI: $126,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $12,600.00

Property History for 174 Locust Street

DateEvent & SourcePriceAppreciation
Aug 10, 2026

Listed (Active)

MLS PIN #73561263

$1,000,000
Dec 15, 2003

Sold (Public Record)

Public Record #128272953

$220,000

+19.0% / yr

May 3, 2003

Canceled

MLS PIN #30674379

$179,900
DateEvent & SourcePrice
08/10/2026

Listed (Active)

MLS PIN #73561263

$1,000,000
12/15/2003

Sold (Public Record)

Public Record #128272953

$220,000

+19.0% / yr

05/03/2003

Canceled

MLS PIN #30674379

$179,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 174 Locust Street

Taxable ValueLand$38,800Additions$540,200Total$579,000
Tax Record2025$9,079 ($757 / month)
Home Facts
Total Finished SqFt8,000 SqFtAbove Grade Finished SqFt8,000 SqFtUnfinished Basement SqFt2,000 SqFtStories3Lot Size8,141 SqFtStyleMulti-Family Res (5+ Units)Year Built1989Year Renovated1989ZoningR3CountyHAMPDENAPNSPRI S:07860 P:0030

Schools near 174 Locust Street

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Glickman Elementary School
PublicPK to 5

Forest Park Middle School
Public6 to 8

Putnam Vocational Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

174 Locust Street is a multi-family home for sale in Springfield, MA 01108. This property was listed for sale on August 10, 2026 by M B C REALTORS®, it's currently listed at $1,000,000. It has been on the market for a total of 14 days and was last sold on December 15, 2003. This listing's school district is Springfield School District. Nearby schools include Glickman Elementary School, Forest Park Middle School and High School of Science and Technology (Sci-Tech). 174 Locust Street is a 18-bed, 6-bath, 8,000 sqft multi-family home built in 1989.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of M B C REALTORS®, Maher Khatib

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.