Exceptional investment opportunity in Springfield, MA! This three-story, 3,114 sq ft apartment building, built in 1916, sits on a 0.14-acre lot (6,116 sq ft) and is zoned R2. The property features nine bedrooms and three bathrooms, offering significant rental potential. Currently, the first floor is occupied by a tenant (with a 30-day eviction notice), while the second floor and attic generate a consistent monthly income of $1,600, with tenants responsible for their own utilities. Owner…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026

What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?

Best fit: Law Firm

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Law Firm28.8

Parking Facility16.5

Cafe & Coffee Shop12.5

137-139 Commonwealth Ave Springfield, MA 01108

County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 15 properties nearby

Address Sale price Sold Size

196-200 Locust, Springfield, MA 01108 $1,245,000 Feb 2021 16,602 SF

270-274 Locust, Springfield, MA 01108 $5,400,000 Feb 2021 22,088 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$1,265,000

16,602 SF

196-200 Locust St

APARTMENT HOUSE (5+ UNITS)

196-200 Locust St, Springfield, MA 01108

View Details
Value Estimation
$500,000

21,767 SF

65 Belmont Ave

APARTMENT HOUSE (5+ UNITS)

65 Belmont Ave, Springfield, MA 01108-1676

View Details
Value Estimation
$430,000

21,788 SF

48-52 Ft Pleasant Ave

APARTMENT HOUSE (5+ UNITS)

48-52 Ft Pleasant Ave, Springfield, MA 01108

View Details
Value Estimation
$5,375,000

22,088 SF

270-274 Locust St

APARTMENT HOUSE (5+ UNITS)

270-274 Locust St, Springfield, MA 01108

View Details
Value Estimation
$665,000

45,375 SF

6 Kenwood Park

APARTMENT HOUSE (5+ UNITS)

6 Kenwood Park, Springfield, MA 01108-1757

View Details

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Similar in This City for Lease

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View Details

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137-139 Commonwealth Ave Springfield, MA 01108

Property summary