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55-59 Margaret St, Springfield MA 01105

$579,900

Estimated $1,476/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $144,975

Total Rent: 76200/year

Estimated CAP Rate:

11 Bedrooms

Baths

4500

Total Parking: 0

4,025 (0.09)

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.

This home has been viewed 12 times

Last Checked: June 26th, 2026 at 5:53am (Source: MLS PIN #73514166)

Gross Income: $76,200

Gross Expenses: $6,430

Net Income Calc: $69,770

Water Views

Annual Expenses for 55-59 Margaret St, Springfield MA 01105

Total Gross Expenses (Calculated)$6,430/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6430

Annual Income & Unit Breakdown for 55-59 Margaret St, Springfield MA 01105

Total Gross Income (Calculated)$76,200

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 55-59 Margaret St, Springfield MA 01105

Listing ID73514166

Property TypeMulti Family / 4 Family

Price579900 ($128.87/SqFt)

Style4 Family

CitySpringfield

CountyHampden

MLS AreaSo End Central

Neighborhood(s)

Approximate Living Area Total4500

Approximate Lot Size (Acres)0.09

Total Parking0

Garage Parking0

Year Built1923

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR3

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 55-59 Margaret St, Springfield MA 01105

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsFireplace Mantel In Living Room Is Excluded.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 55-59 Margaret St, Springfield MA 01105

Real Estate Taxes6430

Tax Year2025

Assessed Value$386,300

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 55-59 Margaret St, Springfield MA 01105

Neighborhood(s)

MLS AreaSo End Central

Area AmenitiesWalk/jog Trails

Contact Information for 55-59 Margaret St, Springfield MA 01105

Agent

Name: Ashley Jones

Office

Name: Coldwell Banker Realty - Western MA

Phone: 413-567-8931

Payment Calculator

, Interest

Property Taxes 535.83

Principal & Interest 3573.16

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Western MA

Ashley Jones

Agent Phone

Office Phone

(413) 567-8931

Text Agent Call Agent Call Office

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    [unparsed] => 55-59 Margaret St, Springfield MA 01105
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EXIT

20 More Photos

Pending

55-59 Margaret St, Springfield MA 01105

$579,900

Annual Expenses for 55-59 Margaret St, Springfield MA 01105

Annual Income & Unit Breakdown for 55-59 Margaret St, Springfield MA 01105

General Information for 55-59 Margaret St, Springfield MA 01105

Disclosures for 55-59 Margaret St, Springfield MA 01105

Financial Information for 55-59 Margaret St, Springfield MA 01105

Location Information for 55-59 Margaret St, Springfield MA 01105

Contact Information for 55-59 Margaret St, Springfield MA 01105

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Western MA

Ashley Jones