Home Homes for Sale 174 Locust St, Springfield MA 01108
Price cut: $25K

$975,000
$122/sqft · Springfield, MA
18Beds
6Baths
8,000Sqft
0.19 acresLot Size
174 Locust St, Springfield MA 01108
Active Listed 36 days ago
5+ Family - 5+ Units Up/Down Built in 1989 0.19 Acre Lot 6 Parking Spaces

What's Special

5+ Family - 5+ Units Up/DownBuilt in 19896 Parking SpacesPrice Reduced

RARE SIX-FAMILY INVESTMENT OPPORTUNITY! This one-of-a-kind property offers six spacious 3-bedroom units—18 bedrooms total—each featuring a generous living/dining area, spacious kitchen, and newer flooring. Every unit has separate utilities, including in-unit circuit breaker panels, separate electric hot water tanks, and separate forced hot-air gas heating systems, providing convenience and efficient management. Additional features include a newer rear deck, centrally monitored security system, intercom, and individual door buzzers. With six large units, separate systems, and numerous updates already in place, this property stands apart from the typical six-family. An excellent opportunity for an investor looking to add a quality income-producing multifamily property to their portfolio. Rarely does a six-family with this combination of space, separate utilities, and amenities become available. Don't miss this exceptional investment opportunity!

Location

Property Details

Core Details

Property Type5+ Family - 5+ Units Up/Down
Year Built1989
Parcel NumberS:07860 P:0030,2592279
ZoningR3
Stories5
MLS #73561263

Space & Sizing

Living Area8,000 sqft
Above Grade8,000 sqft
Total Rooms36
Bedrooms18
Bathrooms6
Lot Size0.19 acres

Features & Systems

Parking6 Parking Spaces
Open Parking6
ConstructionFrame
FoundationConcrete Perimeter
RoofShingle
ElectricCircuit Breakers
HeatingForced Air, Natural Gas
SewerPublic Sewer
Water SourcePublic

Features & Amenities

Community Features
Highway Access House of Worship Laundromat Public School Public Transportation Shopping T-Station
Door Features
Insulated Doors
Flooring
Laminate Other Tile
Interior Features
Dining Room Kitchen Living Room
Levels
5
Lead Paint
None
Parking Features
Off Street Paved Drive
Patio And Porch Features
Deck
Rent Includes
Unit 1(Water) Unit 2(Water)
Window Features
Insulated Windows

Additional Information

Disclosures: RENTS ARE PROJECTIONS.

Directions: Use google maps

Financial Details

Annual Taxes$9,079 (2025)
Assessed Value$579,000
Gross Income$151,200
Net Operating Income$126,000
Tax Book Number25715
Listed on Aug 10, 2026 Updated Sep 15, 2026 7:05 AM Hampden County

Interested in this home?

Contact a CRA Agent or Schedule a showing today.

Colonial Realty Associates
(617) 977-6025
MLS #73561263

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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