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Four-Unit Residential Property
For Sale
$569,900

27 Loring Street, Springfield, MA 01105

A 4-family with gas heating, spacious 2-bedroom units, and a vacant unit ready for a new tenant or owner.

Property Size5,880 SF
Price / SF$96.92
Days on Market193

Property Features for 27 Loring Street

General Information

Standard status Active
Size 5,880 SF
Total Parking Spaces 3
Property subtype Multi-family

Additional Details

Highway Access Yes
Multifamily Units 4

Building Details

Year Built 1880
Listing Agency: MP Signature Realty LLC
Listed By: Melinda Puzon
Source: Residentialproperties
Added: Feb 8 Changed: Aug 19 Last Checked: Aug 20 at 8:31AM

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 MP Signature Realty LLC

Investment Insights

Based on property information with market context.

This four-unit residential property features spacious 2-bedroom units and gas heating. One unit has been turned over and is currently vacant, ready for a new tenant or owner. Three units have lead certificates.

The property includes plenty of parking and a 3-car garage. It is located a short distance to Interstate 91, the Basketball Hall of Fame, the MassMutual Center, and the revitalized downtown area, with additional nearby businesses and restaurants and blocks to the MGM Grand Casino.

The building is offered for sale and positioned as an income-producing four-family with updates noted in the remarks.

Key Highlights

  • 4‑family building built in 1880 with gas heating
  • All spacious 2‑bedroom units
  • One unit is vacant and ready for a new tenant or owner

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Carpet & Flooring 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.

Lease Details

4
Residential units
Yes
Highway access

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
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Frequently Asked Questions

What type of property is this?
Quadplex - A 4-family with gas heating, spacious 2-bedroom units, and a vacant unit ready for a new tenant or owner.
Where is this quadplex located?
The property is located at 27 Loring Street Springfield, MA.
What is the asking price?
The asking price for this property is $569,900.
What are key features of this property?
This property features: 4‑family building built in 1880 with gas heating; All spacious 2‑bedroom units; One unit is vacant and ready for a new tenant or owner
More about this property
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