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41-43 Lansing Pl, Springfield, MA, 01108

4beds
4baths
2,176sqft
$385,000
$177price/sqft
$3,106/moest. monthly cost
$124,240/yrincome needed

About This Home

Fully occupied two-family home situated on a cul-de-sac, offering a great opportunity to add a well-maintained, income-producing property to your investment portfolio. Both units feature comfortable, functional layouts and have benefited from several recent improvements. Updates include a new roof installed in April 2026, new flooring and fresh interior paint throughout both units, and all four bathrooms renovated in 2024.With both units currently occupied, this property presents a strong opportunity for investors seeking a turnkey multifamily investment with immediate rental income. Showings are available any day or time with a minimum of 24 hours’ notice.

Getting Around

85
WalkingVery Walkable
59
TransitGood Transit
53
BikeBikeable

Schools

3/10
Sumner Avenue SchoolGrades PK-50.7 mi
3/10
--
Springfield High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1987

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 Family - 2 Units Side by Side

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • Door features: Insulated Doors
  • Window features: Insulated Windows
  • Finished area above ground: 2,176

Interior Area

  • Total structure area: 2,176
  • Total interior livable area: 2,176 sqft

Property

Details

  • Parcel number: S:07510 P:0020,2591300
  • Zoning: R2

Features

  • Patio & porch: Porch,Deck,Patio
  • Exterior features: Professional Landscaping

Lot

  • Lot size: 5,031 sqft
  • Features: Level

Parking

  • Total spaces: 8
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

No climate risk data available.

How This Home’s Risks Compare

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,946$23,352
Home Insurance *$279$3,348
Property Taxes $452$5,424
Electricity $429$5,149
Total$3,106$37,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,491/yr
40% on housing$93,180/yr
45% on housing$82,826/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$177This listing

vs Other Active Listings

Avg $/sqft

ZIP 01108$147
Hampden County$187

vs Homes Sold Last Month

Median $/sqft

ZIP 01108$191
Hampden County$227

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-15Contingent$385,000
2026-07-29Listed for sale$385,000

For Sale by Agent

AgentJosbel Nazario
BrokerageColdwell Banker Realty - Western MA

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