BEDS24
BATHS16 full
SQUARE FEET12,989
MLS#73495011
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
236-240 Locust St contains sixteen (16) total units comprised of eight (8) 2-Bedroom/1-Bathroom units and eight (8) 1-Bedroom/1-Bathroom units with 12,989 square feet of gross living area in 16,207 square feet of gross area. The Property is situated upon a 0.23-acre parcel and features on-street parking. The Property is well-positioned in the urban core of Springfield, offering strong access to the citys downtown business district, neighborhood retail corridors, and surrounding residential neighborhoods. Tenants are responsible for electricity, while the Landlord is responsible for gas powered heat & hot water and city water & sewer. Recent capital improvements include an upgraded boiler and hot water system from 2025, adding to the durability and long term value of the asset. The opportunity exists to acquire a well maintained asset with recently upgraded utilities in the densely populated Springfield market.
Property Features
Property Type: Multi Unit - Multiple
Heating: Natural Gas
Lot Size: 0.23 Acres
Roof Type: Rubber
Stories: 5.0
Taxes: $21,078
Year Built: 1924
Feature Descriptions
Building Area Total: 12989
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, Other
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 18
Dwelling Type: 5+ Family - 5+ Units Up/Down
Electric: Individually Metered
HeatingY/N: 1
Lot Features: Other
Open Parking Y/N: Yes
Parcel Number: 2592285
Parking Features: On Street
Parking Total: 0
Rent Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Water, Hot Water)
Rooms Total: 56
Sewer: Public Sewer
Units: 16
Water: Public
Listed By / Shown By
Listed By
Agency Name: Horvath & Tremblay
Agency Phone: 781-776-4000
Agent Name: Michael Bradley
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 6,098.73 per month $3,839.10 Principal & Interest $1,756.50 Property Tax $503.13 Homeowner's Insurance
236-240 Locust St | MLS# 73495011
This multi-family property located at 236-240 Locust St, Springfield, MA 01108 is currently listed for sale with an asking price of $1,725,000. Search Springfield real estate on www.masiellogrouprealestate.com today.