Back to Search
Legal Three-Family Residence

116-118 Massasoit St Springfield, MA 01107

Claim this Listing
For Sale
$480,000

MULTI_FAMILY - Springfield, MA

Property size:
4,142 SF
Lot size:
0.11 Acres
Price / SF:
$115/SF
Added:
May 30, 2026
Days on Market:
44
Last Refresh:
Jul 12 at 12:06 am

Property Features for 116-118 Massasoit St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
8
Bathrooms
5
Rooms
Bathroom 6, Bedroom 8, Bedroom 5, Bedroom 4, Bathroom 4, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 5, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 7, Bedroom 3
Parking
3
Standard status
Active
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 agent Daisy Sanchez License #9523217

Listing office RE/MAX IGNITE 133 Maple Street, MA

Listing date May 30, 2026

MLS# 73527157 Listing URL

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 legal three-family residence offers two 3-bedroom units on the first and second floors and a 4-bedroom unit on the third floor. Each unit includes 1.5 baths, with tenants responsible for their own gas and electric through individual metering. The property is equipped with circuit breaker panels and three gas hot water tanks. Updated kitchens and updated bathrooms are in place across the units, and lead compliance documentation is available for all three.

The first and second floor units will be delivered vacant, providing flexibility for an owner-occupant or an investor. The seller is willing to sell the property in its current condition ("as-is") or provide a credit at closing. Basement termite damage has been professionally evaluated.

Zoned R2, the home is located near hospitals, shopping, restaurants, public transportation, and major highways, supporting convenient commuting and day-to-day access.

Key Highlights

  • Legal three‑family property built in 1912 with 3 bedrooms on the first and second floors and 4 bedrooms on the third floor
  • Each unit has 1.5 baths and is individually metered; tenants pay their own gas and electric utilities
  • Updated kitchens and updated bathrooms throughout the property

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store Locksmith Computer & Electronic Repair Garden Center (Bike/Boat/Book/etc) Store Catering Service Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-unit property with individually metered gas and electric, updated kitchens and baths, and two vacant units at delivery.
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: Legal three‑family property built in 1912 with 3 bedrooms on the first and second floors and 4 bedrooms on the third floor; Each unit has 1.5 baths and is individually metered; tenants pay their own gas and electric utilities; Updated kitchens and updated bathrooms throughout the property
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message