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    107 Thompson St Springfield, MA 01109

    For Sale
    $349,900

    Turn-key multifamily property with updated units and large fenced yard.

    Lot size:
    0.20 Acres

    Property Features for 107 Thompson St

    General Information

    Lot size
    0.20 Acres

    Building Details

    Year built
    1896

    Source: Lock and Key Realty Inc. Agent Amanda Larose

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

    Overview

    Spacious Multifamily Turn-Key Investment

    This multi-family property offers a potential investment or owner-occupant opportunity. The building includes 4 bedrooms and 2 full baths. The units have been updated. The first-floor unit features a bonus room suitable for a home office, playroom, or guest space. Both units have been renovated and are move-in ready. The property includes front porches and a large, fully fenced yard. It is located near local amenities, schools, and major highways. Both units are vacant.
    Location Intelligence

    Current Use by Public Records

    Party Time Mixes ... Grocery Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5712863
    Latitude
    42.1132881

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    FAQs

    What type of property is this?
    Quadplex - Turn-key multifamily property with updated units and large fenced yard.
    Where is this quadplex located?
    The property is located at 107 Thompson St Springfield, MA.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: - Turn-key, move-in ready condition with fresh renovations.; - Spacious multi-family layout with **4 bedrooms and 2 full baths.**; - Vacant units offer flexibility for owner-occupancy or investment.
    (413) 364-0225
    Request Owner's contact information
    107 Thompson St Springfield, MA 01109
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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
    107 Thompson St Springfield, MA 01109
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