Active
12 beds7,188 sqft
228-232 Eastern Ave, Springfield, MA 01109
Est: $4,392/moGet pre-approved
Multi FamilyProperty Type
0.07 acresLot Size
1912Year Built
$97/sq ftPrice per sq ft
2 carsParking Spaces

Description

Turn-key 6-family investment opportunity featuring six 2-bedroom units across three floors. Most units have been renovated with updated kitchens, bathrooms, flooring, and finishes. Five units are currently leased with tenants in good standing and current on rent. One first-floor unit was recently turned over and is vacant, providing an opportunity for owner-occupancy or a new market-rate tenant. At full occupancy with current rents in place, the property generates over $94,000 in annual gross rental...Turn-key 6-family investment opportunity featuring six 2-bedroom units across three floors. Most units have been renovated with updated kitchens, bathrooms, flooring, and finishes. Five units are currently leased with tenants in good standing and current on rent. One first-floor unit was recently turned over and is vacant, providing an opportunity for owner-occupancy or a new market-rate tenant. At full occupancy with current rents in place, the property generates over $94,000 in annual gross rental income. Tenants pay their own electric and gas utilities; owner pays water and sewer. Recent capital improvements include a $33,000 rebuild of the rear porch and newly replaced electric meters. Lead compliance certificates are available, and the property is up to date with current city requirements, including fire monitoring and an intercom system. Additional features include a corner lot and paved driveway with off-street parking for two vehicles. First open house Saturday, September 26, from 1:00 PM to 2:30 PM.
Days on Market Listed Today
  • Listed by: Kevin Li • MP Signature Realty LLC
Last updated: 09/21/2026 05:41 PM • Source: MLS PIN, MLS#: 73580480

Open Houses

Saturday, Sep 26th1:00 PM - 2:30 PM

Location

Listing Courtesy of MP Signature Realty LLC, Kevin Li
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Payment Calculator

$4,392 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,612

Property Taxes

$780

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 228-232 Eastern Avenue

Property Details
  • Taxes: $9,355 / year
  • MLS Type: Multi-family / 5-9 Family
  • Town: Springfield
  • Area: MA-Springfield
  • Garage Spaces: 0
  • Open Parking Spaces: 2.00
  • Parking Spaces Total: 2
Building Information
  • Stories: 5
  • Residences: 6
  • Year Built: 1912
  • Lot Size: 0.07 AC / 3,123 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 7188.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Corner Lot
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Buyer to verify all data. Seller has never lived in property. Listing agent is related to owner.
Tax Information
  • Tax ID: M:43250048 L:0000,2582648
  • Assessments: $605,100
  • Book: 23944
  • Tax Year: 2026
  • Zoning: C1
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Levels: 5
Income / Expenses
  • GOI: $94,620.00
  • NOI: $94,620.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $7,885.00

Property History for 228-232 Eastern Avenue

DateEvent & SourcePriceAppreciation
Sep 21, 2026

Listed (Active)

MLS PIN #73580480

$699,000
DateEvent & SourcePrice
09/21/2026

Listed (Active)

MLS PIN #73580480

$699,000

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

Public Records for 228-232 Eastern Avenue

Taxable ValueLand$21,500Additions$496,000Total$517,500
Tax Record2024$8,311 ($693 / month)
Home Facts
Total Finished SqFt6,890 SqFtAbove Grade Finished SqFt6,890 SqFtStories3Lot Size3,123 SqFtStyleMulti-Family Res (5+ Units)Year Built1912ZoningC1CountyHAMPDENAPNSPRI S:04325 P:0048

Schools near 228-232 Eastern Avenue

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
Dryden Memorial Elementary School
PublicPK to 5

Springfield Public Day Middle School
Public6 to 8

High School Of Commerce
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.

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228-232 Eastern Avenue is a multi-family home for sale in Springfield, MA 01109. This listing's school district is Springfield School District. Nearby schools include Dryden Memorial Elementary School, Springfield Public Day Middle School and High School Of Commerce. 228-232 Eastern Avenue is a 12-bed, 6-bath, 7,188 sqft multi-family home built in 1912.

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 MP Signature Realty LLC, Kevin Li

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.