Strong investment property. This downtown Springfield investment property offers a $5,500+ monthly rent roll. The property consists of a joisted masonry building containing one 3BR apartment, one 5BR apartment, and ten garage bays that lease at a monthly rate of $150 each. Apartments feature a sunroom, and the 5BR apartment also has an office. The apartments are bright with renovated kitchens and a combination of hardwood and laminate flooring. The NOI is $53,079 and the cap rate is 13.3%. Located nearby to the Springfield FD Headquarters, the property offers access to major highways I-91, I-291 & I-90 (the Mass Pike); as well as area hospitals (under two miles to Baystate Medical Center and approximately one mile to Mercy Medical Center). The property is situated close to Springfield’s CBD, nearby to MGM Springfield and the Basketball Hall of Fame, within a 30 minute drive time of UMass Amherst and the Five College Area.
This home has been viewed 9 times
Last Checked: June 16th, 2026 at 7:48am (Source: MLS PIN #73536012)
Gross Income: $50,400
Gross Expenses: $15,321
Net Income Calc: $35,079
Water Views
Annual Expenses for 69 Winter St, Springfield MA 01105
Total Gross Expenses (Calculated)$15,321/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8321.25
Annual Income & Unit Breakdown for 69 Winter St, Springfield MA 01105
Total Gross Income (Calculated)$50,400
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms5
Bathrooms1 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 69 Winter St, Springfield MA 01105
Listing ID73536012
Property TypeMulti Family
Price399000 ($113.35/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total3520
Approximate Lot Size (Acres)0.15
Total Parking20 (10 Garage)
Garage Parking10
Year Built1890
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningB1
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 69 Winter St, Springfield MA 01105
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher & Dryer
Financial Data SourceEstimated
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 69 Winter St, Springfield MA 01105
Real Estate Taxes8321.25
Tax Year2026
Assessed Value$389,200
Financial Data SourceEstimated
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 69 Winter St, Springfield MA 01105
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 69 Winter St, Springfield MA 01105