Last Sold Price
9 beds3,258 sqft$140/sqft
49 Prospect St, Springfield, MA 01107

Description

Welcome to this established 3-family investment property in Springfield, MA! Three spacious 3BR apartments, all currently occupied with reliable tenants providing immediate steady cash flow. Located near schools, parks, shopping & public transit with easy highway access. This turnkey opportunity comes with existing tenants who remain, eliminating vacancy concerns & providing instant rental income from day one. Perfect for investors seeking proven cash-flowing property with established rental history....Welcome to this established 3-family investment property in Springfield, MA! Three spacious 3BR apartments, all currently occupied with reliable tenants providing immediate steady cash flow. Located near schools, parks, shopping & public transit with easy highway access. This turnkey opportunity comes with existing tenants who remain, eliminating vacancy concerns & providing instant rental income from day one. Perfect for investors seeking proven cash-flowing property with established rental history. Don't miss this rare fully-occupied 3-family home with guaranteed immediate returns!
LISTING CLOSED: 09/15/2025 12:00 AM

Listing Agents

  1. Mark Lesses

    Mark Lesses

    Listing Agent

    Coldwell Banker Realty - Lexington

    P: (781)-862-2600

  2. Sandra Morales

    Sandra Morales

    Alternative Listing Agent

    Coldwell Banker Realty - Lexington

    P: (781)-862-2600

Property Details for 49 Prospect Street

Status
MLS #
73410362
Days on Market
29
Taxes
$5,038 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 3 Family
Year Built
1910
Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Parking Spaces Total
0

Location

Listing Courtesy of Coldwell Banker Realty - Lexington, Mark Lesses; Coldwell Banker Realty - Lexington, Sandra Morales

Sold By United Brokers, Samuel Saillant

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Building Information for 49 Prospect Street

Stories3Residences3Year Built1910Building Size-Lot Size0.13 AC / 5,654 SF

Payment Calculator

$2,733 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,313

Property Taxes

$420

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 49 Prospect Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Park, Medical Facility, Highway Access, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 3258.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Living Room, Kitchen
  • Interior Features: Window AC
  • SpaYN: No
Exterior Features
  • Construction: Brick
  • Lot Description: Other
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Cooling: Window AC
  • Cooling: Yes
  • Electric: 200+ Amp Service
  • Heating: Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: S:09950 P:0092,2602649
  • Assessments: $321,300
  • Book: 25307
  • Tax Year: 2025
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Levels: 3
  • Heat Units: 3
Income / Expenses
  • GOI: $56,400.00
  • NOI: $56,400.00
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: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,700.00

Property History for 49 Prospect Street

DateEvent & SourcePriceAppreciation
Sep 15, 2025

Sold

MLS PIN #73410362

$455,000
Aug 15, 2025

Under Agreement

MLS PIN #73410362

Aug 15, 2025

Contingent

MLS PIN #73410362

DateEvent & SourcePrice
09/15/2025

Sold

MLS PIN #73410362

$455,000
08/15/2025

Under Agreement

MLS PIN #73410362

08/15/2025

Contingent

MLS PIN #73410362

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

Public Records for 49 Prospect Street

Taxable ValueLand$30,700Additions$290,600Total$321,300
Tax Record2025$5,038 ($420 / month)
Home Facts
Baths3Total Finished SqFt3,258 SqFtAbove Grade Finished SqFt3,258 SqFtStories3Lot Size5,654 SqFtStyleTriplexYear Built1910Year Renovated2016ZoningR3CountyHAMPDENAPNSPRI S:09950 P:0092

Schools near 49 Prospect 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
Boland School
PublicPK to 5

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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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 Coldwell Banker Realty - Lexington, Mark Lesses; Coldwell Banker Realty - Lexington, Sandra Morales

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.