236-240 Locust St contains sixteen (16) total units comprised of eight (8) 2-Bedroom/1-Bathroom units and eight (8) 1-Bedroom/1-Bathroom units with 12,989 square feet of gross living area in 16,207 square feet of gross area. The Property is situated upon a 0.23-acre parcel and features on-street parking. The Property is well-positioned in the urban core of Springfield, offering strong access to the city’s downtown business district, neighborhood retail corridors, and surrounding residential neighborhoods. Tenants are responsible for electricity, while the Landlord is responsible for gas powered heat & hot water and city water & sewer. Recent capital improvements include an upgraded boiler and hot water system from 2025, adding to the durability and long term value of the asset. The opportunity exists to acquire a well maintained asset with recently upgraded utilities in the densely populated Springfield market.
- Heating System:
- Natural Gas
- Parking:
- On Street
- Sewer:
- Public Sewer
- Water:
- Public
- Electric Feature:
- Individually Metered
- Garage Parking
- Lead Paint:
- Unknown
- Rent Fee Includes:
- Water, Unit 2(heat, Hot Water), Unit 4(heat, Unit 1(heat, Unit 3(heat
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $133
- Zoning:
- R3
- No Units:
- 16
- Orig Price:
- $1,725,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Springfield
- State:
- MA
- County:
- Hampden
- Postal Code:
- 01108
- Longitude:
- W73° 25' 41.8''
- Latitude:
- N42° 5' 31.3''
Residential Income
236-240 Locust St, Springfield, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,725,000
- Bedrooms :
- 24
- Rooms :
- 56
- Total Bathrooms :
- 16
- Full Bathrooms :
- 16
- Square Footage :
- 12,989 Sqft
- Year Built :
- 1924
- Lot Area :
- 0.23 Acre
- Listing ID :
- 73495011
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com