Great investment opportunity! This well-maintained 4-unit building offers 11 bedrooms and strong income potential. There will be one vacant unit at closing! The other units have reliable tenants, so 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.
Sold for $570,000
$570,000
55-59 Margaret St, Springfield, MA 01105
11beds
4,500sqft
4 Family
Built in 1923
-- sqft lot
$505,700 Zestimate®
$127/sqft
$1,876 Estimated rent
Home value
$505,700
$460,000 - $551,000
$1,876/mo
Zestimate® history
Owner options
List your home for rent
$1,876/mo
Rent Zestimate®
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$1,876/mo
Rent Zestimate®
Refinance and save
$3,893/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,893/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Ashley Jones 413-330-1375,
Coldwell Banker Realty - Western MA 413-567-8931
Bought with:
Tonya Branen
Century 21 McLennan & Company
Source: MLS PIN,MLS#: 73514166
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator
Features
- Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Lead Certification Available, Living Room, Kitchen
- Flooring: Wood, Tile, Vinyl
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,500
- Total interior livable area: 4,500 sqft
- Finished area above ground: 4,500
Property
Features
- Patio & porch: Porch, Deck - Wood
Lot
- Size: 4,025 Square Feet
- Features: Cleared, Level
Details
- Parcel number: S:08255 P:0056,2594249
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1923
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $386,300
- Annual tax amount: $6,430
- Date on market: 6/16/2026
- Total actual rent: 6350
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Sold | $570,000-1.7%$127/sqft |
Source: MLS PIN #73514166 Report a problem | ||
| 6/25/2026 | Pending sale | $579,900$129/sqft |
Source: MLS PIN #73514166 Report a problem | ||
| 5/25/2026 | Price change | $579,900-3.3%$129/sqft |
Source: MLS PIN #73514166 Report a problem | ||
| 5/6/2026 | Listed for sale | $599,999+35.2%$133/sqft |
Source: MLS PIN #73514166 Report a problem | ||
| 1/8/2025 | Sold | $443,877-0.9%$99/sqft |
Source: MLS PIN #73302353 Report a problem | ||
| 10/15/2024 | Listed for sale | $448,000+28.7%$100/sqft |
Source: MLS PIN #73302353 Report a problem | ||
| 11/28/2020 | Listing removed | $348,000$77/sqft |
Source: Real Living Realty Professionals #72708611 Report a problem | ||
| 9/28/2020 | Price change | $348,000-0.3%$77/sqft |
Source: Real Living Realty Professionals #72708611 Report a problem | ||
| 9/12/2020 | Price change | $349,000-0.3%$78/sqft |
Source: Real Living Realty Professionals #72708611 Report a problem | ||
| 8/12/2020 | Listed for sale | $349,900+9.4%$78/sqft |
Source: Real Living Realty Professionals, LLC #72708611 Report a problem | ||
| 4/1/2020 | Listing removed | $319,900$71/sqft |
Source: Real Living Realty Professionals #72601463 Report a problem | ||
| 3/16/2020 | Listed for sale | $319,900$71/sqft |
Source: Real Living Realty Professionals #72601463 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: South End
Nearby homes
- $--2 bd1 ba-- sqft59 Margaret St #1, Springfield, MA 01105Off Market
- $--3 bd1 ba-- sqft59 Margaret St FLOOR 2, Springfield, MA 01105Off Market
- $522,30012 bd4 ba4.5k sqft59 Margaret St, Springfield, MA 01105Off Market
- $300,3006 bd2 ba2.3k sqft63 Margaret St, Springfield, MA 01105Off Market
- $--4 bd1 ba1.2k sqft63 Margaret St #2, Springfield, MA 01105Off Market
- $261,3004 bd2 ba1.4k sqft53 Margaret St, Springfield, MA 01105Off Market
- $301,7005 bd2 ba2.5k sqft58 Fremont St, Springfield, MA 01105Off Market
- $280,0008 bd2 ba2.6k sqft52-54 Fremont St, Springfield, MA 01105Sold
Nearby schools
GreatSchools rating
- 7/10White Street SchoolGrades: PK-5Distance: 1.6 mi
- 3/10South End Middle SchoolGrades: 6-8Distance: 0.1 mi
- 2/10High School Of CommerceGrades: 9-12Distance: 0.8 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$505,700
2% more
+$10,114
With Zillow Showcase(estimated)
$515,814
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$505,700
2% more
+$10,114
With Zillow Showcase(estimated)
$515,814
- Massachusetts
- Hampden County
- Springfield
- 01105
- South End
- 55-59 Margaret St
