BEDS12
BATHS12 full
SQUARE FEET13,755
MLS#73571198
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
INVESTMENT OPPORTUNITY WITH ADDITIONAL DEVELOPMENT POTENTIAL! This 12-unit multifamily property offers strong income potential in a convenient Springfield location. Major improvements completed in 2025 and 2026 include a NEW ROOF and NEW HEATING SYSTEM. Excellent opportunity at 40 Warriner Ave in Springfield! This property is being offered together with the adjacent lot, creating exciting possibilities for investors and developers. Per a recent conversation with the City of Springfield Zoning Department, the adjacent lot may have the potential to accommodate a new three-family residential building. Zoning also indicated that the existing parking arrangement for 40 Warriner Ave is grandfathered and that the adjacent lot is not required to serve as parking for the existing building. This presents a unique opportunity to own an existing property along with additional land that may offer future development potential.Buyer and buyer's agent to perform their own due diligence and verify all zoning, building requirements, permitting, and development possibilities with the City of Springfield.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Lot Size: 0.16 Acres
Stories: 4.0
Taxes: $13,817
Year Built: 1913
Feature Descriptions
Building Area Total: 13755
Community Features: Public Transportation, Shopping, Highway Access, Public School
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: 67
Dwelling Type: 5+ Family - 5+ Units Up/Down
Electric: Individually Metered
Lot Features: Corner Lot
Parcel Number: 2610810
Parking Features: Off Street
Parking Total: 0
Rooms Total: 22
Sewer: Public Sewer
Units: 12
Water: Public
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway HomeServices Realty Professionals
Agent Name: Cassandra Swaby
Agency Phone: 413-596-6711
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 5,304.85 per month $3,672.18 Principal & Interest $1,151.42 Property Tax $481.25 Homeowner's Insurance
40 Warriner Ave | MLS# 73571198
This multi-family property located at 40 Warriner Ave, Springfield, MA 01108 is currently listed for sale with an asking price of $1,650,000. Search Springfield real estate on www.masiellogrouprealestate.com today.