55-59 Margaret St Springfield, MA ^$ 599,999

55-59 Margaret St

^$ 599,999

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55-59 Margaret St

Springfield, MA, 01105

^$ 599,999

Bedrooms11 Baths4.0 Sq 4,500

Monthly Estimate*

^$ 3,694

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Multi-Family Home for sale in Springfield, MA

for $599,999 with 11 bedrooms and 4 full baths. This 4,500 square foot home was built in 1923 on a lot size of 0.09.

Great investment opportunity! This well-maintained 4-unit building offers 11 bedrooms and strong income potential. Fully occupied with reliable tenants, 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.

Multi-Family Active

Price

^$ 599,999

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,430

Style

4 Family

Lot Size

0.09

Year Built

1923

Town/City

Springfield

County/Region

Hampden

MLS | Web ID

73514166

List By

Ashley Jones

Listing Agent

Coldwell Banker Realty - Western Ma

Broker

Affordability Calculator

$4,230

Per Month

Monthly Principal & Interest: $3,694
Monthly Property Taxes: $536
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Multi-family listings in Springfield, MA

Average List Price ^$584,746

Percent of Sale Price 3%

About Springfield, MA

153,186 Population

1% Since 2002

^$36,513 Median Income

34.72 Median Age

31% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
5/6/2026	$599,999		Listed Price

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55-59 Margaret St, Springfield, MA, 01105 is a Multi-Family Home for sale at $599,999 with 4,500 sqft and a lot size of 0.09. 55-59 Margaret St has 11 bedrooms, 4.0 baths, and was built in 1923. The property's zip code is 01105 which is in Springfield, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 5/14/2026.

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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55-59 Margaret St

Multi-Family Home for sale in Springfield, MA

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