Welcome to a standout investment opportunity in the heart of Springfield’s historic Hill/McKnight neighborhood! Whether you're looking to owner-occupy, expand your rental portfolio, or tap into Western Massachusetts' thriving real estate market, 172 Quincy Street delivers space, location, and versatile potential. Property Highlights Multi-Unit Layout: This multi-family property features two distinct units, each offering 3 spacious bedrooms and 6 total rooms. Bonus Expansion Space: Take advantage of finished third-floor rooms with an additional full bath—ideal for extra flexible living space or home office setups. Basement Utility: Includes full basement space equipped with another full bath, washer/dryer hookups, gas heat systems, and updated circuit breaker panels. Low-Maintenance Exterior: Durable vinyl siding keeps ongoing maintenance simple and cost-effective. Prime Springfield Location Situated with exceptional convenience, residents are just minutes away from: Downtown Springfield & MGM Springfield Resort & Casino Major commuter routes and highways (I-91 and I-290 corridors) Local public transit, dining, retail, and community parks
This home has been viewed 7 times
Last Checked: August 5th, 2026 at 8:23am (Source: MLS PIN #73559073)
Gross Income: $32,400
Gross Expenses: $4,254
Net Income Calc: $28,146
Annual Expenses for 172 Quincy St., Springfield MA 01109
Total Gross Expenses (Calculated)$4,254/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4254
Annual Income & Unit Breakdown for 172 Quincy St., Springfield MA 01109
Total Gross Income (Calculated)$32,400
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 172 Quincy St., Springfield MA 01109
Listing ID73559073
Property TypeMulti Family
Price310000 ($145.54/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total2130
Approximate Lot Size (Acres)0.12
Total Parking2
Garage Parking0
Year Built1898
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningR2
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 172 Quincy St., Springfield MA 01109
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Property
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 172 Quincy St., Springfield MA 01109
Real Estate Taxes4254
Tax Year2025
Assessed Value$271,300
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 172 Quincy St., Springfield MA 01109
Neighborhood(s)
Area Amenities
Contact Information for 172 Quincy St., Springfield MA 01109