For sale

$449,900

201 College St #203, Springfield, MA 01109

6beds

3,212sqft

$3,225/mo

Get pre-qualified

3 Family - 3 Units Up/Down

Built in 1916

-- sqft lot

$450,300 Zestimate^®

$140/sqft

$-- HOA

What's special

Two-car garageNew doorsRefinished flooringUpdated cabinetsNicely sized fenced-in yardGreen spaceRenovated bathrooms

Excellent investment opportunity with this legal three-family property, tenanted by the same reliable non-profit for the past four years. Fully remodeled in 2022 with updated cabinets, refinished flooring, and renovated bathrooms, this property also features major updates including a new roof (2024), new furnace and water heaters (2021), new doors, new insulation (2022), electrical panels (2021), and a rebuilt porch (2024).Please note that photography reflects the property's condition following its 2022 renovation & previous staging; minor cosmetic wear commensurate with ongoing tenancy may be observed in person. On-site parking and a two-car garage abut a nicely sized, fenced-in yard, providing tenants with green space while maintaining low maintenance for investors. Strong rental demand and solid proximity to local institutions make this an ideal income-producing asset. Group showings scheduled for next week with advance notice.

43 days
335
44

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air, Natural Gas, Electric

Appliances

Included: Range, Dishwasher, Refrigerator

Features

Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Kitchen, Living RM/Dining RM Combo
Flooring: Wood
Windows: Insulated Windows
Basement: Full
Has fireplace: No

Interior area

Total structure area: 3,212
Total interior livable area: 3,212 sqft
Finished area above ground: 3,212

Property

Parking

Total spaces: 5
Parking features: Paved Drive
Garage spaces: 1
Uncovered spaces: 4

Lot

Size: 5,001 Square Feet

Details

Parcel number: S:03020 P:0058,2579168
Zoning: R2

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family - 3 Units Up/Down

Materials

Foundation: Brick/Mortar
Roof: Shingle

Condition

Year built: 1916

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School

Location

Region: Springfield

Financial & listing details

Price per square foot: $140/sqft
Tax assessed value: $317,100
Annual tax amount: $4,972
Date on market: 9/16/2026
Total actual rent: 4175

Estimated market value

$450,300

$428,000 - $473,000

$2,083/mo

Price history

Date	Event	Price
9/17/2026	Listed for sale	$449,900+28.6%$140/sqft
Source: MLS PIN #73578606 Report a problem
6/3/2022	Listing removed	--
Source: MLS PIN #72900868 Report a problem
12/16/2021	Listing removed	--
Source: William Raveis Real Estate, Mortgage & Insurance Report a problem
10/18/2021	Pending sale	$349,900$109/sqft
Source: William Raveis Real Estate, Mortgage & Insurance #72900868 Report a problem
10/18/2021	Contingent	$349,900$109/sqft
Source: MLS PIN #72900868 Report a problem
10/8/2021	Listed for sale	$349,900+129.4%$109/sqft
Source: MLS PIN #72900868 Report a problem
12/1/2020	Sold	$152,500-4.6%$47/sqft
Source: Public Record Report a problem
10/25/2020	Pending sale	$159,900$50/sqft
Source: ERA M Connie Laplante #72747185 Report a problem
10/22/2020	Listed for sale	$159,900$50/sqft
Source: ERA M Connie Laplante #72747185 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,972 +0%	$317,100 +2.5%
2024	$4,971 +7.8%	$309,500 +14.5%
2023	$4,610 -0.2%	$270,400 +10.2%
2022	$4,617 +46.5%	$245,300 +47.2%
2021	$3,151 +14.7%	$166,700 +18.6%
2020	$2,746 +1.4%	$140,600 +2.2%
2019	$2,708 +5.7%	$137,600 +5.7%
2018	$2,562 +3.3%	$130,200 +3.3%
2017	$2,479 +8.9%	$126,100 +8.9%
2016	$2,277 -1%	$115,800 -0.9%
2015	$2,299 -0.5%	$116,900 -0.3%
2014	$2,310 +6.1%	$117,200 +6.1%
2013	$2,178 -1.8%	$110,500 -1.3%
2012	$2,219 -10.2%	$111,900 -11.8%
2011	$2,471 +37.6%	$126,800 +37.7%
2010	$1,796 -18.3%	$92,100 -25.1%
2009	$2,199 -19.8%	$122,900 -28.2%
2008	$2,743 +8.6%	$171,100 +8.6%
2007	$2,526	$157,500