




55-59 Margaret St, Springfield, MA, 01105
About This Home
Great investment opportunity! This well-maintained 4-unit building offers 11 bedrooms and strong income potential. Fully occupied with reliable tenants, it provides immediate cash flow. Each unit has separate utilities, helping keep owner expenses low. With stable occupancy, solid rental history, and potential for future rent growth, this is an excellent opportunity to secure a high-performing, income-producing asset. Well cared for and consistently maintained, this property presents a turnkey opportunity for both seasoned investors and those looking to grow their portfolio. There is also potential to expand the attic, offering added value and additional possibilities. Conveniently located near local amenities, shopping, dining, and transportation, making it highly attractive for renters.
Getting Around
Schools
Construction
Condition
- Year built: 1923
Materials
- Foundation: Brick/Mortar
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: 4 Family
Interior
Appliances
- Appliances included: Range,Refrigerator
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 11
- Bathrooms: 4
- Full bathrooms: 4
Features
- Ceiling Fan(s),Pantry,Bathroom With Tub & Shower,Lead Certification Available,Living Room,Kitchen
- Flooring: Wood,Tile,Vinyl
- Finished area above ground: 4,500
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 4,500
- Total interior livable area: 4,500 sqft
Property
Details
- Parcel number: S:08255 P:0056,2594249
- Zoning: R3
Features
- Patio & porch: Porch,Deck - Wood
Lot
- Lot size: 4,025 sqft
- Features: Cleared,Level
