BEDS12
BATHS12 full
SQUARE FEET13,755
MLS#73571198
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Excellent investment opportunity! 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. The property features a mix of spacious apartment layouts with separate utilities.Additional Value-Add Potential: Sale includes adjacent approximately 7,000 SF parcel (62.5' x 112'), currently utilized for off-street parking for the existing 12-unit property. The additional parcel may offer future development, site optimization, or expanded-use potential, subject to buyer due diligence and all applicable zoning, parking, permitting, and municipal approvals. An excellent opportunity for an investor to explore additional value beyond the strong in-place multifamily income. Well suited for an investor looking to add a substantial multifamily asset to their portfolio. Conveniently located near shopping, restaurants, public transportation and major routes. Showings by appointment only. Please do not disturb tenants. Buyer and buyers agent to verify all information and perform their own due diligence.
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: 10
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.