Vacant Triplex With Updated
For Sale
$480,000
Pending
116-118 Massasoit St, Springfield, MA 01107
Residential Income, Springfield, MA
Property Size4,142 SF
Lot Size0.11 Acres
Days on Market89
Property Features for 116-118 Massasoit St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
8
Bathrooms
5
Full bathrooms
3
Half bathrooms
3
Rooms
Bedroom 3, Bedroom 6, Bathroom 5, Bathroom 1, Bedroom 8, Bedroom 7, Bedroom 1, Bathroom 2, Bathroom 6, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 3
Parking
3
Directions
Take State Street towards Memorial Square, Turn onto Massasoit Street. GPS Friendly
Standard status
Pending
APN
S:08357 P:0024,2594809
Size
4,142 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6887
Building Details
Year built
1912
Floors in Building
3
Number of units
3
Listing Agency:
RE/MAX IGNITE · RE/MAX International
(413) 391-7928
Listed By:
Daisy Sanchez · License #9523217
(413) 221-8070
Added: May 30
Changed: Aug 19
Last Checked: Aug 26 at 12:06AM
MLS# 73527157
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,142-square-foot triplex, built in 1912, contains three fully vacant residential units. The first- and second-floor apartments each have three bedrooms and 1.5 baths, while the top-floor apartment has four bedrooms and 1.5 baths. Improvements include updated kitchens and bathrooms, circuit breaker panels, and three gas hot water tanks.
Each apartment is separately metered, with occupants responsible for their own gas and electric service. The property is zoned R2 on a 0.1069-acre lot in Springfield, Massachusetts, and lead compliance documentation is available for all three units. Delivery in vacant condition supports a range of ownership and leasing plans.
Each apartment is separately metered, with occupants responsible for their own gas and electric service. The property is zoned R2 on a 0.1069-acre lot in Springfield, Massachusetts, and lead compliance documentation is available for all three units. Delivery in vacant condition supports a range of ownership and leasing plans.
Key Highlights
- Three‑unit multifamily property delivered fully vacant
- 4,142 square feet on a 0.1069‑acre lot
- Unit mix includes two 3‑bedroom apartments and one 4‑bedroom apartment
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,414
Businesses Nearby
Explore this area
Business Placement
Demographics for 01107, MA
11,252
Population
4,534
Households
2.5
Avg Household Size
32
Median Age
14%
College-Educated
65%
High-School Grad
1.5 sq mi
ZIP Area
7,501
Density / Sq Mi
$31,969
Median Household Income
$31,543
Median Earnings
$963
Median Rent
$215,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three separately metered units include refreshed kitchens, bathrooms, and independent gas and electric utility responsibility.
Where is this triplex located?
The property is located at 116-118 Massasoit St Springfield, MA.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Three‑unit multifamily property delivered fully vacant; 4,142 square feet on a 0.1069‑acre lot; Unit mix includes two 3‑bedroom apartments and one 4‑bedroom apartment
