Property Photo: 55-59 Margaret St MA 01105

Listing Courtesy of: MLS PIN / Coldwell Banker Realty / Ashley Jones

55-59 Margaret St Springfield, MA 01105

Active (6 Days)

$599,999 ^(USD)

BED

BATH

4,500

SQFT

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Description

Great investment opportunity! This well-maintained 4-unit building offers 11 bedrooms and strong income potential. Fully occupied with reliable tenants, 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.

MLS #:
73514166

Taxes
$6,430(2025)

Lot Size
4,025 SQFT

Type
Multifamily

Year Built
1923

County
Hampden County

Listed By

Ashley Jones, Coldwell Banker Realty

Source
MLS PIN
Last checked May 12 2026 at 6:18 PM GMT+0000

Bathroom Details

Interior Features

Range
Refrigerator
Pantry
Lead Certification Available
Bathroom With Tub & Shower
Ceiling Fan(s)
Living Room
Kitchen

Lot Information

Level
Cleared

Property Features

Fireplace: 0
Foundation: Brick/Mortar

Heating and Cooling

Natural Gas
Window Unit(s)

Basement Information

Unfinished

Flooring

Wood
Tile
Vinyl

Exterior Features

Roof: Shingle

Utility Information

Utilities: Water: Public, For Gas Range, For Electric Range
Sewer: Public Sewer

Stories

Living Area

4,500 sqft

Location

Map View | Street View

Listing to Address

Address to Listing

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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: The property listing data and information, or the Images, set forth herein wereprovided 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. © 2026 MLS Property Information Network, Inc.. 5/12/26 11:18