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Multifamily Property with Off-Street Parking
For Sale
$334,900

24 Adams St, Springfield, MA 01105

R3-zoned multifamily property with gas water heating and both off-street and on-street parking.

Property Size2,886 SF
Price / SF$116.04
Days on Market176

Property Features for 24 Adams St

General Information

Standard status Active
Size 2,886 SF
Total Parking Spaces 2
Property subtype Residential Income
Zoning R3
Net Operating Income $21,600

Taxes and HOA fees

Annual Taxes $3,842

Amenities

Full
Gas Water Heater
Off Street, On Street

Building Details

Building Size 2,886 SF
Year Built 1895
Stories 3
Listing Agency:
Listed By: Krystal Pulley Bariffe
Source: Evrealestate
Added: Mar 10 Changed: Aug 31 Last Checked: Sep 1 at 3:24PM

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 Krystal Pulley Bariffe

Investment Insights

Based on property information with market context.

This multifamily property contains 2,886 square feet and was constructed in 1895. The property includes a gas water heater, with parking available both off the street and along the street. R3 zoning supports its multifamily classification.

The property is located at 24 Adams St in Springfield, Massachusetts 01105, within Hampden County. Its established construction date, residential income classification, and combination of parking options provide a concise profile for multifamily ownership or evaluation.

Key Highlights

  • 2,886‑square‑foot multifamily property
  • R3 zoning
  • Built in 1895

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Clothing & Fashion Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,947
Businesses Nearby

Demographics for 01105, MA

12,051
Population
5,554
Households
2.2
Avg Household Size
33
Median Age
8%
College-Educated
64%
High-School Grad
1.2 sq mi
ZIP Area
10,043
Density / Sq Mi
$22,994
Median Household Income
$24,078
Median Earnings
$976
Median Rent
$238,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - R3-zoned multifamily property with gas water heating and both off-street and on-street parking.
Where is this multifamily property located?
The property is located at 24 Adams St Springfield, MA.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: 2,886‑square‑foot multifamily property; R3 zoning; Built in 1895
More about this property
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