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    53 Fremont St Springfield, MA 01105

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    For Sale
    $259,900

    Vacant multifamily property offering owner-occupancy or investment potential.

    Lot size:
    0.12 Acres

    Property Features for 53 Fremont St

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1896

    Source: Lock and Key Realty Inc. Agent Yadira Pacheco

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

    Overview

    Multifamily Property Near Highway Access

    This vacant multifamily property presents an opportunity for owner-occupants or investors. Its location offers convenient access to the highway, MGM Casino, shopping, restaurants, Mass Mutual Center, downtown attractions, schools, parks, bike trail, gym, and public transportation. The first floor features an open-concept living room and kitchen area, one full bathroom, a spacious primary bedroom, and two additional bedrooms. The second floor includes a large bedroom, a smaller bedroom, a full bathroom, a comfortable living room, and an eat-in kitchen. The basement offers additional potential and includes a full bathroom. Heat and hot water are oil-based, with a newer furnace on the first floor. A large paved driveway and a storage area at the back of the property complete the home. This property is suitable for those seeking a home with income potential or an investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Gym & Fitness Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5837707
    Latitude
    42.0955432

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    FAQs

    What type of property is this?
    Duplex - Vacant multifamily property offering owner-occupancy or investment potential.
    Where is this duplex located?
    The property is located at 53 Fremont St Springfield, MA.
    What is the asking price?
    The asking price for this property is $259,900.
    What are key features of this property?
    This property features: - Multi-family property ideal for owner-occupants or investors.; - Enjoy unbeatable convenience: seconds from highway access, MGM Casino, shopping, restaurants, Mass Mutual Center, downtown attractions, schools, parks, bike trail, gym, and public transportation.; - Two units: 1st floor features **3 bedrooms, open-concept living room/kitchen**, and 1 bathroom; 2nd floor features 2 bedrooms, living room, and eat-in kitchen.
    (413) 557-8869
    Request Owner's contact information
    53 Fremont 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
    53 Fremont St Springfield, MA 01105
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