Welcome to an exceptional investment opportunity in the heart of Springfield. This multi-family property presents an enticing prospect for investors seeking real estate in a prime location Second floor is vacant and basement are available for immediate showings. First & third floor have long term tenants. Please, Do Not Disturb the tenants. Don't miss out on this opportunity to secure a well-positioned, income-producing multi-family. Whether you're an experienced investor looking to expand your portfolio or just starting on your real estate investment journey, this property is a must-see! This home is conveniently located near Baystate Medical & Mercy Hospitals, MGM Casino with easy access to major highways. This home has a lot of potential, make your appointment today.
Sold for $375,000
$375,000
524 Armory St, Springfield, MA 01104
8beds
3,753sqft
3 Family
Built in 1903
-- sqft lot
$482,900 Zestimate®
$100/sqft
$1,991 Estimated rent
Home value
$482,900
$454,000 - $512,000
$1,991/mo
Zestimate® history
Owner options
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$1,991/mo
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$1,991/mo
Rent Zestimate®
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$2,487/mo
Est. payment
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$2,487/mo
Est. payment
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List your homeWhat's special
Mgm casino
Zillow last checked:
Listing updated:
Listed by:
Lynn Raleigh 413-374-7213,
Right Key Realty Inc. 413-297-1570
Bought with:
Lino Carrasquillo
Executive Real Estate, Inc.
Source: MLS PIN,MLS#: 73162706
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,753
- Total interior livable area: 3,753 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 4
Features
- Patio & porch: Porch
Lot
- Size: 5,249 Square Feet
Details
- Parcel number: 2571662
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $159,000
- Annual tax amount: $2,711
- Date on market: 1/24/2026
- Total actual rent: 1855
Price history
| Date | Event | Price |
|---|---|---|
| 11/2/2023 | Sold | $375,000+15.4%$100/sqft |
Source: MLS PIN #73162706 Report a problem | ||
| 9/22/2023 | Listed for sale | $325,000+622.2%$87/sqft |
Source: MLS PIN #73162706 Report a problem | ||
| 6/30/1993 | Sold | $45,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,911 +44.3% | $377,000 +47.8% |
| 2024 | $4,097 +51.1% | $255,100 +60.4% |
| 2023 | $2,711 -19.3% | $159,000 -10.9% |
| 2022 | $3,359 +16.2% | $178,500 +16.7% |
| 2021 | $2,890 -0.5% | $152,900 +5.2% |
| 2020 | $2,905 +10.9% | $145,400 +9.2% |
| 2019 | $2,619 -7.8% | $133,100 -7.8% |
| 2018 | $2,842 +9.7% | $144,400 +9.6% |
| 2017 | $2,591 +14.4% | $131,800 +14.4% |
| 2016 | $2,265 -1.9% | $115,200 -1.9% |
| 2015 | $2,309 -1.1% | $117,400 -0.8% |
| 2014 | $2,334 +5.4% | $118,400 +5.3% |
| 2013 | $2,215 -0.3% | $112,400 +0.4% |
| 2012 | $2,221 -13.6% | $112,000 -15.1% |
| 2011 | $2,571 -5% | $131,900 -5% |
| 2010 | $2,707 +13.4% | $138,800 +4% |
| 2009 | $2,387 -12.1% | $133,400 -21.3% |
| 2008 | $2,715 +2.5% | $169,400 +2.5% |
| 2007 | $2,650 +14.8% | $165,200 +21.6% |
| 2006 | $2,309 +41.9% | $135,800 +46.2% |
| 2005 | $1,627 +2.1% | $92,900 +10.7% |
| 2004 | $1,593 +11.8% | $83,900 +14.3% |
| 2003 | $1,425 +18.5% | $73,400 +21.3% |
| 2002 | $1,203 | $60,500 |
Find assessor info on the county website
Neighborhood: Liberty Heights
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Nearby schools
GreatSchools rating
- 6/10Alfred G Zanetti SchoolGrades: PK-8Distance: 0.1 mi
- 3/10The Springfield Renaissance SchoolGrades: 6-12Distance: 1.1 mi
- 2/10Springfield Public Day Elementary SchoolGrades: 1-5Distance: 0.2 mi
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$482,900
2% more
+$9,658
With Zillow Showcase(estimated)
$492,558
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