Listing Agency: King & Newton

Listed By: Thomas King CCIM · License #VA 71669-RE-B

Source: Crexi

Added: Jul 21 Changed: Aug 27 Last Checked: Sep 1 at 8:01AM

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Investment Insights

Based on property information with market context.

This two-unit duplex offers residential income potential with two separate units within a single multifamily structure. It is listed as a for-sale multifamily property with a total of two units.

The property is located at 40-42 Ames St in Springfield, Massachusetts (01104). For additional details on unit configurations, income history, and condition, interested parties should contact the listing agent.

Key Highlights

• Two‑unit duplex multifamily property
• Offered at $50,000 per unit
• Located in Springfield, MA

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Cafe & Coffee Shop Computer & Electronic Repair Electrical 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

2

Residential units

Location Intelligence

Trade Area within ½ mile

438

Businesses Nearby

Explore this area Business Placement

Demographics for 01104, MA

23,598

Population

9,562

Households

2.5

Avg Household Size

38

Median Age

13%

College-Educated

77%

High-School Grad

5.2 sq mi

ZIP Area

4,538

Density / Sq Mi

$47,530

Median Household Income

$37,463

Median Earnings

$1,004

Median Rent

$210,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Two-unit duplex multifamily property offered for sale in Springfield, MA.

Where is this duplex located?

The property is located at 40-42 Ames St Springfield, MA.

What are key features of this property?

This property features: Two‑unit duplex multifamily property; Offered at $50,000 per unit; Located in Springfield, MA