16-Unit Multifamily Apartment
236-240 Locust Street Springfield, MA 01108
236-240 Locust Street, Springfield, MA, 01108
$1,725,000
For Sale
$1,725,000
Sixteen apartment units on a 0.23-acre parcel with on-street parking and updated boiler and hot water systems.
Property Size12,989 SF
Price / SF$132.80
Days on Market122
Property Features for 236-240 Locust Street
General Information
- Standard status
- Active
- Size
- 12,989 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1924
Listing agency
Horvath & Tremblay
Listed by
Michael Bradley · License #1000571-RE-RB:
Source
Eganrealtygroup
Added: Mar 23 Updated: Jul 20 at 6:56PM Checked: Jul 21 at 7:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay
Investment Insights
Based on property information with market context.
236-240 Locust St is a 16-unit multifamily apartment building with eight 2-bedroom/1-bath units and eight 1-bedroom/1-bath units. The property totals 12,989 square feet of gross living area within 16,207 square feet of gross area and sits on a 0.23-acre parcel with on-street parking.
Ownership also includes utilities responsibilities that are split between landlord and tenant. Tenants are responsible for electricity, while the landlord is responsible for gas-powered heat and hot water as well as city water and sewer.
Recent capital improvements include an upgraded boiler and hot water system completed in 2025. The building is positioned in Springfield’s urban core, providing access to the downtown business district, neighborhood retail corridors, and surrounding residential neighborhoods.
Ownership also includes utilities responsibilities that are split between landlord and tenant. Tenants are responsible for electricity, while the landlord is responsible for gas-powered heat and hot water as well as city water and sewer.
Recent capital improvements include an upgraded boiler and hot water system completed in 2025. The building is positioned in Springfield’s urban core, providing access to the downtown business district, neighborhood retail corridors, and surrounding residential neighborhoods.
Key Highlights
- 16 total apartment units: eight 2BD/1BA and eight 1BD/1BA
- 12,989 SF gross living area within 16,207 SF gross area
- Built in 1924, situated on a 0.23‑acre parcel with on‑street parking
Property Analytics
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FAQs
What type of property is this?
Apartment building - Sixteen apartment units on a 0.23-acre parcel with on-street parking and updated boiler and hot water systems.
Where is this apartment building located?
The property is located at 236-240 Locust Street Springfield, MA.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: 16 total apartment units: eight 2BD/1BA and eight 1BD/1BA; 12,989 SF gross living area within 16,207 SF gross area; Built in 1924, situated on a 0.23‑acre parcel with on‑street parking
