Investor Alert! Rarely can you purchase a cash-flow-focused condo for under $125,000 in today’s market. This investor-friendly property offers no long-term rental restrictions, giving you the flexibility to maximize your investment strategy. Well-suited for Section 8, HomeBASE, and other voucher programs, it provides access to a strong and consistent tenant pool. The HOA includes heat, hot water, Wi-Fi, seasonal A/C, water, trash, and common area maintenance, helping keep operating expenses low and cash flow strong. Ideally located in downtown Springfield near MGM, Union Station, major hospitals, restaurants, and highways, the property benefits from consistent rental demand. Whether you’re a first-time investor or an experienced buyer looking to expand your portfolio, this is an affordable opportunity to secure a high-potential, income-producing asset.
- Heating System:
- Central
- Cooling System:
- Central Air
- Basement:
- No
- Parking:
- Rented, Under, Heated Garage, Off Street
- Amenities:
- Hot Water, Elevator(s), Laundry
- Appliances:
- Range, Dishwasher, Microwave, Refrigerator
- Flooring:
- Vinyl
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Garage Parking
- Lead Paint:
- Unknown
- Opt Fee Includes:
- Additional Parking Space
- Laundry Features:
- First Floor
- Market Time:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $151
- Zoning:
- B3
- No Units:
- 132
- Unit Building:
- 319
- Orig Price:
- $115,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Springfield
- State:
- MA
- County:
- Hampden
- Postal Code:
- 01103
- Longitude:
- W73° 24' 38.6''
- Latitude:
- N42° 6' 18.5''
Residential
140 Chestnut St, Springfield, Massachusetts
- Property Type :
- Residential
- Listing Type :
- For Sale
- Price :
- $115,000
- Bedrooms :
- 2
- Rooms :
- 5
- Total Bathrooms :
- 1
- Full Bathrooms :
- 1
- Square Footage :
- 760 Sqft
- Year Built :
- 1910
- Listing ID :
- 73549986
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com