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    265 Union St Springfield, MA 01105

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    For Sale
    $595,000

    Six-unit building with modern updates and historic charm.

    Lot size:
    0.18 Acres

    Property Features for 265 Union St

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1900

    Source: SR Commercial Realty Agent Casey Commercial Group

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Six-Unit Multifamily Investment Opportunity

    This six-unit multi-family property presents an investment opportunity. The building combines modern updates with historic charm, featuring exposed brick accents and extensive renovations. One unit is currently vacant and ready to lease, offering immediate rental income potential. The property is positioned as a turn-key asset in a high-demand location, suitable for investors seeking a profitable rental property.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5804706
    Latitude
    42.1022167

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    FAQs

    What type of property is this?
    Apartment building - Six-unit building with modern updates and historic charm.
    Where is this apartment building located?
    The property is located at 265 Union St Springfield, MA.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - Six-unit multi-family building offers strong rental income potential.; - Recently renovated with modern updates.; - Features **exposed brick accents**, blending modern and historic charm.
    (413) 459-4535
    Request Owner's contact information
    265 Union St Springfield, MA 01105
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    Springfield, MA 01105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    265 Union St Springfield, MA 01105
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