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SIGNAL SCORE
About this property
Motivated Seller! Excellent opportunity to own this legal three-family property with strong income potential. The first and second floor units each offer 3 bedrooms, while the third-floor unit features 4 bedrooms. All units offer 1.5 baths and are individually metered with tenants paying their own gas and electric utilities. Property includes circuit breaker panels, three gas hot water tanks, updated kitchens, and updated bathrooms. First and second floor units will be delivered vacant, making this a great option for owner-occupants or investors. Lead compliance documentation available for all 3 units. Conveniently located near hospitals, shopping, restaurants, public transportation, and major highways for easy commuting. Open House Tuesday, June 2, 2026 from 4:00 PM – 6:00 PM.
Property details
| Units | 3 |
| Living area | 4,142 sqft |
| Lot size | 4,657 sqft |
| Year built | 1912 |
| Price / sqft | $116 |
| County | Hampden |
| MLS # | 73527157 |
Taxes & financials
| Annual property tax | $6,887 |
| Tax year | 2025 |
| Assessed value | $439,200 |
| Zoning | R2 |
| Gross income (actual) | $30,000/yr |
| Net operating income (actual) | $30,000/yr |
| Total actual rent | $2,525/mo |
Building & lot
| Stories | 3 |
| Total rooms | 16 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Off Street |
| Basement | Full, Bulkhead, Unfinished |
| Foundation | Block |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Varies, Laminate, Other |
Utilities & systems
| Heating | Steam, Natural Gas, Individual, Unit Control |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Refrigerator, Range Hood |
Location
Listing courtesy of RE/MAX IGNITE — Daisy Sanchez. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 116-118 Massasoit St, Springfield MA 01107 have?
It is a 3-unit multi-family property with 4,142 sqft of living area, built in 1912.
What are the property taxes on 116-118 Massasoit St, Springfield MA 01107?
Annual property taxes are $6,887 (2025), on an assessed value of $439,200.
What is the price per square foot?
At $480,000 for 4,142 sqft, that's about $116 per square foot.
Is there parking?
3 total parking spaces (off street).
Where is this property located?
116-118 Massasoit St, Springfield MA 01107 is in Springfield, Hampden County, MA 01107.
