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Six-Unit Apartment Building
For Sale
$765,000

82 Malden Street, Springfield, MA 01108

Six two-bedroom residences offer individually metered electricity and gas-fired forced-air heat.

Property Size6,309 SF
Lot Size0.13 Acres
Price / SF$121.26
Days on Market8

Property Features for 82 Malden Street

General Information

Standard status Active
Size 6,309 SF
Lot size 0.13 Acres
Property subtype Multi-family

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Additional Details

Utilities to Site Yes

Amenities

back deck
coin-op laundry

Building Details

Year Built 1909
Listing Agency: Horvath & Tremblay
Listed By: Michael Bradley · License #1000571-RE-RB:
Source: Cbcommunityrealtors
Added: Oct 9 Changed: Oct 15 Last Checked: Oct 14 at 10:51PM

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 Horvath & Tremblay

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Investment Insights

Based on property information with market context.

At 82 Malden Street, this six-unit apartment property contains 6,309 square feet of gross living area within 8,384 square feet of gross building area. Each residence has two bedrooms and one bathroom. The building dates to 1909 and occupies a 0.13-acre parcel with more than four off-street parking spaces.

Updates include new vinyl plank flooring, refrigerators, and stoves in five units. The remaining unit has received repairs to doors, paint, and its bathroom. The rear deck was repaired to meet city code, with permits obtained. Coin-operated washer and dryer facilities were installed in the basement in 2026.

Residents pay for gas-fired forced-air heating, gas hot water, and separately metered electricity. The landlord provides city water and sewer. The property is in Springfield, with access to the central business district, neighborhood retail corridors, and nearby residential areas.

Key Highlights

  • Six 2‑bedroom/1‑bathroom units
  • 6,309 square feet of gross living area; 8,384 square feet of gross area
  • 0.13‑acre parcel with over four off‑street parking spaces

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Acupuncture Nursing Home

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

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

785
Businesses Nearby

Demographics for 01108, MA

27,671
Population
11,332
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
81%
High-School Grad
3.4 sq mi
ZIP Area
8,139
Density / Sq Mi
$51,851
Median Household Income
$34,539
Median Earnings
$1,224
Median Rent
$219,500
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?
Apartment building - Six two-bedroom residences offer individually metered electricity and gas-fired forced-air heat.
Where is this apartment building located?
The property is located at 82 Malden Street Springfield, MA.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Six 2‑bedroom/1‑bathroom units; 6,309 square feet of gross living area; 8,384 square feet of gross area; 0.13‑acre parcel with over four off‑street parking spaces
More about this property
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