236-240 Locust St

12,989 Sq. Ft.
$133 / Sq. Ft.
12,989
Sq. Ft.
$133
per Sq. Ft.

Description

236-240 Locust St contains sixteen (16) total units comprised of eight (8) 2-Bedroom/1-Bathroom units and eight (8) 1-Bedroom/1-Bathroom units with 12,989 square feet of gross living area in 16,207 square feet of gross area. The Property is situated upon a 0.23-acre parcel and features on-street parking. The Property is well-positioned in the urban core of Springfield, offering strong access to the city’s downtown business district, neighborhood retail corridors, and surrounding residential neighborhoods....236-240 Locust St contains sixteen (16) total units comprised of eight (8) 2-Bedroom/1-Bathroom units and eight (8) 1-Bedroom/1-Bathroom units with 12,989 square feet of gross living area in 16,207 square feet of gross area. The Property is situated upon a 0.23-acre parcel and features on-street parking. The Property is well-positioned in the urban core of Springfield, offering strong access to the city’s downtown business district, neighborhood retail corridors, and surrounding residential neighborhoods. Tenants are responsible for electricity, while the Landlord is responsible for gas powered heat & hot water and city water & sewer. Recent capital improvements include an upgraded boiler and hot water system from 2025, adding to the durability and long term value of the asset. The opportunity exists to acquire a well maintained asset with recently upgraded utilities in the densely populated Springfield market.
  1. Listed by Michael Bradley • Horvath & Tremblay

Property Details for 236-240 Locust Street

Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Open Parking Spaces
.00
Parking Spaces Total
0
LISTING UPDATED: 04/01/2026 10:14 PM

Property Details for 236-240 Locust Street

StatusNew
MLS #73495011
Days on Market1
Taxes$21,078 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1924
CountyHampden County

Location

Listing Courtesy of Horvath & Tremblay, Michael Bradley
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Building Information for 236-240 Locust Street

Stories5Residences16Year Built1924Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$10,128 per month

30 year fixed, 6.11% Interest

Principal and Interest

$8,372

Property Taxes

$1,757

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 236-240 Locust Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University, Other (See Remarks)
  • Living Area: 12989.0
  • Color: Brick
  • SqFt with Basement: No
  • Total Units: 16
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 16.0
  • Num of Full Baths: 16
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 16.00
  • Bathrooms Total Integer: 16
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Other
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Electric: Individually Metered
  • Heating: 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
Tax Information
  • Tax ID: 2592285
  • Assessments: $1,344,700
  • Book: 25036
  • Tax Year: 2026
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 24
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Levels: 5
Income / Expenses
  • Electricity: $11,676.00
  • Annual Expenses Source: Owner
  • GOI: $265,380.00
  • Gross Scheduled Income: $20,128.00
  • Insurance: $14,439.00
  • GRE: $125,595
  • MGF: $12,871
  • RME: $8,000
  • NOI: $139,785.00
  • Operating Expense: $125,595.00
  • WSE: $18,799.00
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: 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: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $22,115.00

Property History for 236-240 Locust Street

DateEvent & SourcePriceAppreciation
Apr 1, 2026

Listed (Active)

MLS PIN #73495011

$1,725,000
DateEvent & SourcePrice
04/01/2026

Listed (Active)

MLS PIN #73495011

$1,725,000

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

Public Records for 236-240 Locust Street

Taxable ValueLand$224,000Additions$1,162,000Total$1,386,000
Tax Record2024$22,259 ($1,855 / month)
Home Facts
Total Finished SqFt16,207 SqFtAbove Grade Finished SqFt16,207 SqFtStories4Lot Size10,197 SqFtStyleMulti-Family Res (5+ Units)Year Built1924ZoningR3CountyHAMPDENAPNSPRI S:07860 P:0050

Schools near 236-240 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
Frederick Harris 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.

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236-240 Locust Street is a multi-family home for sale in Springfield, MA 01108. This property was listed for sale on April 1, 2026 by Horvath & Tremblay, it's currently listed at $1,725,000. This listing's school district is Springfield School District. Nearby schools include Frederick Harris Elementary School, Forest Park Middle School and High School of Science and Technology (Sci-Tech). 236-240 Locust Street is a 24-bed, 16-bath, 12,989 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Horvath & Tremblay, Michael Bradley

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.