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Multifamily Property with Finished Basement
New
For Sale
$490,000

67 Thompson Street, Springfield, MA 01109

A vacant ground floor and an occupied upper level provide distinct residential occupancy arrangements.

Property Size3,460 SF
Price / SF$141.62
Days on Market7

Property Features for 67 Thompson Street

General Information

Standard status Active
Size 3,460 SF
Property subtype Residential Income
Zoning R1

Site & Location

Neighborhood Mcknight

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $6,427

Amenities

Living Room
Kitchen

Building Details

Building Size 3,460 SF
Year Built 1907
Stories 2
Units 2
Listing Agency: Keller Williams Realty
Listed By: Tanisha Salmon
Source: Fayesimonrealestate
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 1:11PM

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 Keller Williams Realty

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Investment Insights

Based on property information with market context.

This 3,460-square-foot multifamily property was built in 1907 and includes a finished basement. The first floor is vacant, while the second floor is occupied by a tenant at will. A mud hall with laundry is located on the first floor, and the basement adds finished interior space.

The property includes additional lots and is zoned R1. It is located in the McKnight neighborhood of Springfield, Massachusetts.

Key Highlights

  • 3,460 square feet; built in 1907
  • First floor is vacant; second floor occupied by a tenant at will
  • Finished basement and first‑floor mud hall with laundry

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,150
Businesses Nearby

Demographics for 01109, MA

30,968
Population
10,786
Households
2.9
Avg Household Size
30
Median Age
17%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
5,735
Density / Sq Mi
$46,821
Median Household Income
$34,971
Median Earnings
$1,112
Median Rent
$203,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - A vacant ground floor and an occupied upper level provide distinct residential occupancy arrangements.
Where is this multifamily property located?
The property is located at 67 Thompson Street Springfield, MA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 3,460 square feet; built in 1907; First floor is vacant; second floor occupied by a tenant at will; Finished basement and first‑floor mud hall with laundry
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