1 / 23
SIGNAL SCORE
About this property
Great investment opportunity! This well-maintained 4-unit building offers 11 bedrooms and strong income potential. There will be one vacant unit at closing! The other units have reliable tenants, so it provides immediate cash flow. Each unit has separate utilities, helping keep owner expenses low. With stable occupancy, solid rental history, and potential for future rent growth, this is an excellent opportunity to secure a high-performing, income-producing asset. Well cared for and consistently maintained, this property presents a turnkey opportunity for both seasoned investors and those looking to grow their portfolio. There is also potential to expand the attic, offering added value and additional possibilities. Conveniently located near local amenities, shopping, dining, and transportation, making it highly attractive for renters.
Property details
| Units | 4 |
| Living area | 4,500 sqft |
| Lot size | 4,025 sqft |
| Year built | 1923 |
| Price / sqft | $129 |
| County | Hampden |
| MLS # | 73514166 |
Listing status
| Days on market | 26 days |
| Listed on | May 6, 2026 |
Taxes & financials
| Annual property tax | $6,430 |
| Tax year | 2025 |
| Assessed value | $386,300 |
| Zoning | R3 |
| Gross income (actual) | $76,200/yr |
| Net operating income (actual) | $76,200/yr |
| Total actual rent | $6,350/mo |
Building & lot
| Stories | 4 |
| Total rooms | 19 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Unfinished |
| Foundation | Brick/Mortar |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile, Vinyl |
Utilities & systems
| Heating | Natural Gas |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Range |
| Appliances | Range, Refrigerator |
Location
Listing courtesy of Coldwell Banker Realty - Western MA — Ashley Jones. Listing data © MLS PIN.
Interested in this one?
Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 55-59 Margaret St, Springfield MA 01105 have?
It is a 4-unit multi-family property with 4,500 sqft of living area, built in 1923.
How long has 55-59 Margaret St, Springfield MA 01105 been on the market?
55-59 Margaret St, Springfield MA 01105 has been listed for 26 days (since May 6, 2026).
What are the property taxes on 55-59 Margaret St, Springfield MA 01105?
Annual property taxes are $6,430 (2025), on an assessed value of $386,300.
What is the price per square foot?
At $579,900 for 4,500 sqft, that's about $129 per square foot.
Where is this property located?
55-59 Margaret St, Springfield MA 01105 is in Springfield, Hampden County, MA 01105.
