Sold
Last Sold Price
6 beds1,920 sqft
54-56 Suffolk St, Springfield, MA 01109
Multi FamilyProperty Type
0.19 acresLot Size
1989Year Built
$203/sq ftPrice per sq ft
6 carsParking Spaces

Description

This 1989-built duplex is a prime investment opportunity, featuring two identical units, each with 3 bedrooms and 1.5 bathrooms. With separate driveways, tenants enjoy privacy and convenience—an attractive feature for long-term rental potential. Located in a high-demand area with easy access to shopping, major roadways, and local amenities, this property offers strong rental income potential with minimal upkeep. Are you looking to expand your portfolio? This cash-flowing asset is a must-see. Left...This 1989-built duplex is a prime investment opportunity, featuring two identical units, each with 3 bedrooms and 1.5 bathrooms. With separate driveways, tenants enjoy privacy and convenience—an attractive feature for long-term rental potential. Located in a high-demand area with easy access to shopping, major roadways, and local amenities, this property offers strong rental income potential with minimal upkeep. Are you looking to expand your portfolio? This cash-flowing asset is a must-see. Left side unit was renovated this year and right side is in great shape. Great tenants in place paying close to market rent. Don’t miss out—schedule your showing today! Highest and best due by Tuesday March 4 at 5pm. no further showings.
Listing closed: 04/07/2025 12:00 AM • Source: MLS PIN, MLS#: 73337704

Location

Listing Courtesy of Lock and Key Realty Inc., Patriot Living Group; Lock and Key Realty Inc., Carlos Colondres

Sold By eXp Realty, Michael Murray

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Payment Calculator

$2,392 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,015

Property Taxes

$376

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 54-56 Suffolk Street

Property Details
  • Taxes: $4,514 / year
  • MLS Type: Multi-family / 2 Family
  • Town: Springfield
  • Area: MA-Springfield
  • Garage Spaces: 0
  • Open Parking Spaces: 6.00
  • Parking Spaces Total: 6
Building Information
  • Stories: 4
  • Residences: 2
  • Year Built: 1989
  • Lot Size: 0.19 AC / 8,059 SF
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
  • Current Financing: Conv. Fixed
  • Living Area: 1920.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Num of Baths: 4.0
  • Num of Full Baths: 2
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Vinyl
  • Interior Features: Living Room, Kitchen
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Exterior Features: Deck - Composite
  • Lot Description: Other
  • Patio And Porch Features: Deck - Composite
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • 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
  • Disclosures: Seller reserves the right to accept offer at any time.
Tax Information
  • Tax ID: S:11260 P:0011,2607578
  • Assessments: $281,100
  • Book: 24641
  • Tax Year: 2024
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Levels: 4
Income / Expenses
  • GOI: $40,140.00
  • NOI: $40,140.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $3,345.00

Property History for 54-56 Suffolk Street

DateEvent & SourcePriceAppreciation
Apr 7, 2025

Sold

MLS PIN #73337704

$390,000
Mar 6, 2025

Under Agreement

MLS PIN #73337704

Mar 6, 2025

Contingent

MLS PIN #73337704

DateEvent & SourcePrice
04/07/2025

Sold

MLS PIN #73337704

$390,000
03/06/2025

Under Agreement

MLS PIN #73337704

03/06/2025

Contingent

MLS PIN #73337704

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

Public Records for 54-56 Suffolk Street

Taxable ValueLand$31,600Additions$249,500Total$281,100
Tax Record2024$4,514 ($376 / month)
Home Facts
Baths3Total Finished SqFt1,920 SqFtAbove Grade Finished SqFt1,920 SqFtStories2Lot Size8,059 SqFtStyleDuplexYear Built1989ZoningR2CountyHAMPDENAPNSPRI S:11260 P:0011

Schools near 54-56 Suffolk Street

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

John J Duggan Middle School
Public6 to 12

Putnam Vocational Technical High School
Public9 to 12

Springfield Central 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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Listing Courtesy of Lock and Key Realty Inc., Patriot Living Group; Lock and Key Realty Inc., Carlos Colondres

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.