40 Warriner Ave, Springfield, MA 01108
- $1,650,000
- 12
- BD
- 12
- BA
- 13,755
- SqFt
- List Price
- $1,650,000
- Status
- ACTIVE
- MLS#
- 73571198
- Bedrooms
- 12
- Bathrooms
- 12
- Full Baths
- 12
- Living Area
- 13,755
- Lot Size (Acres)
- 0.16
- Year Built
- 1913
Property Description
Excellent investment opportunity! This 12-unit multifamily property offers strong income potential in a convenient Springfield location. Major improvements completed in 2025 and 2026 include a NEW ROOF and NEW HEATING SYSTEM. The property features a mix of spacious apartment layouts with separate utilities.Additional Value-Add Potential: Sale includes adjacent approximately 7,000 SF parcel (62.5' x 112'), currently utilized for off-street parking for the existing 12-unit property. The additional parcel may offer future development, site optimization, or expanded-use potential, subject to buyer due diligence and all applicable zoning, parking, permitting, and municipal approvals. An excellent opportunity for an investor to explore additional value beyond the strong in-place multifamily income. Well suited for an investor looking to add a substantial multifamily asset to their portfolio. Conveniently located near shopping, restaurants, public transportation and major routes. Showings by appointment only. Please do not disturb tenants. Buyer and buyer’s agent to verify all information and perform their own due diligence.
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Additional Information
- Taxes
- $13,817
- Parking Description
- Off Street
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Cassandra Swaby from Listing Office: Berkshire Hathaway HomeServices Realty Professionals.
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