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Duplex Property with Garage Bays
For Sale
$399,000

69 Winter St, Springfield, MA 01105

Two apartments are paired with garage bays, renovated kitchens, sunrooms, and mixed hardwood and laminate flooring.

Property Size3,520 SF
Price / SF$113.35
Days on Market78

Property Features for 69 Winter St

General Information

Standard status Active
Size 3,520 SF
Total Parking Spaces 10
Property subtype Multi-Family
Zoning B1
Net Operating Income $53,079

Taxes and HOA fees

Annual Taxes $8,321

Building Details

Building Size 3,520 SF
Year Built 1890
Stories 3
Listing Agency: J.M.I. Investment Properties
Listed By: Chris Bernier
Source: Churchillprop
Added: Jun 15 Changed: Aug 29 Last Checked: Aug 31 at 1:33PM

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 J.M.I. Investment Properties

Investment Insights

Based on property information with market context.

This 1890 joisted masonry property contains two apartments and ten garage bays. The residential layout includes one 3BR apartment and one 5BR apartment, with a sunroom in each unit and an office in the larger apartment. Renovated kitchens and a combination of hardwood and laminate flooring add practical interior improvements. The property is zoned B1 and situated at 69 Winter St in downtown Springfield.

The site is near Springfield FD Headquarters and provides access to I-91, I-291, and I-90, including the Mass Pike. Baystate Medical Center is under two miles away, while Mercy Medical Center is approximately one mile away. The property is also close to Springfield’s CBD, MGM Springfield, and the Basketball Hall of Fame, with UMass Amherst and the Five College Area within a 30 minute drive time. The reported cap rate is 13.3%.

Key Highlights

  • Two‑apartment configuration with one 3BR unit and one 5BR unit
  • Ten garage bays included with the property
  • 13.3% cap rate

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Garden Center Furniture & Home Goods Veterinary Clinic (Bike/Boat/Book/etc) Store Locksmith Pet Grooming 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

4,125
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?
Duplex - Two apartments are paired with garage bays, renovated kitchens, sunrooms, and mixed hardwood and laminate flooring.
Where is this duplex located?
The property is located at 69 Winter St Springfield, MA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two‑apartment configuration with one 3BR unit and one 5BR unit; Ten garage bays included with the property; 13.3% cap rate
More about this property
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