For Sale
$345,000

137-139 Commonwealth AveSpringfield, MA 01108

Nine-bedroom, three-bath apartment building.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
117
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 expenses are low, with a monthly water bill of only $150. This property presents a strong cash flow opportunity for investors seeking a multifamily property in a desirable location. The property is being sold As-Is. The address is 137-139 Commonwealth Ave, Springfield, MA 01108. APN: S:03095 P:0142,2579402.

Highlights

  • Two-family home, duplex configuration.
  • 0.14-acre lot.
  • 3,114 square foot building.
  • Built in 1916.
  • R2 zoning.
  • Located in Springfield.

Property Details for 137-139 Commonwealth Ave

Property type
Apartment buildings
Square Feet
3,114 SF
Year Built
1916
Stories
3
Lot Size (sq. ft)
6,098 SF

Location Insight

City
Springfield
County
Hampden
State
Massachusetts
Latitude
42.0829009
Longitude
-72.5526077
137-139 Commonwealth Ave, Springfield, Massachusetts

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Contacts

Derek Greene
Visit Broker Website

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137-139 Commonwealth Ave, Springfield, Massachusetts, 01108

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

137-139 Commonwealth Ave
  • Derek Greene
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