Rehab Opportunity – Zoned R2 Bring Your Vision! Attention investors and contractors—don’t miss this prime rehab opportunity at 138 Magazine Street in Springfield, MA. This property has been completely gutted and partially framed, providing a true blank canvas for your next project. Major exterior upgrades are already complete, including a new roof, new siding, and new windows, knocking out some of the biggest renovation expenses upfront.With the heavy demo already done, this is an ideal project for a full renovation, flip, or long-term rental. Conveniently located near local amenities, major routes, and downtown Springfield, this property offers strong upside potential.Bring your contractor, run your numbers, and unlock the value—property is being sold as-is. Cash or rehab financing preferred.
For sale
$140,000
138 Magazine St, Springfield, MA 01109
3beds
1,480sqft
Est.:
Single Family Residence
Built in 1911
0.13 Square Feet Lot
$-- Zestimate®
$95/sqft
$-- HOA
What's special
New sidingNew windowsNew roof
- 15 days |
- 1,455 |
- 32 |
Zillow last checked: 8 hours ago
Listing updated: January 20, 2026 at 03:47pm
Listed by:
Christian Lowe 413-355-8001,
Lowe & Lowe Realty Co. 413-426-9749,
Jasmin Lowe 413-799-3826
Source: MLS PIN,MLS#: 73466629
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- Window Unit(s)
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,480
- Total interior livable area: 1,480 sqft
- Finished area above ground: 1,480
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive
- Uncovered spaces: 2
Lot
- Size: 0.13 Square Feet
Details
- Parcel number: 2593210
- Zoning: R2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Foundation: Block
Condition
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $95/sqft
- Tax assessed value: $87,500
- Annual tax amount: $1,370
- Date on market: 1/14/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,403/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Listed for sale | $140,000+21.7%$95/sqft |
Source: MLS PIN #73466629 Report a problem | ||
| 11/21/2024 | Sold | $115,000+35.3%$78/sqft |
Source: Public Record Report a problem | ||
| 8/7/2023 | Sold | $85,000-10.5%$57/sqft |
Source: MLS PIN #73122117 Report a problem | ||
| 6/28/2023 | Contingent | $95,000$64/sqft |
Source: MLS PIN #73122117 Report a problem | ||
| 6/8/2023 | Listed for sale | $95,000+533.3%$64/sqft |
Source: MLS PIN #73122117 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,370 -4.3% | $87,400 -1.9% |
| 2024 | $1,431 -28.9% | $89,100 -24.6% |
| 2023 | $2,014 +3.5% | $118,100 +14.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$753/mo
Principal & interest
$543
Property taxes
$161
Home insurance
$49
Climate risks
Neighborhood: McKnight
Nearby schools
GreatSchools rating
- 7/10Alfred G Zanetti SchoolGrades: PK-8Distance: 0.8 mi
- 2/10High School Of CommerceGrades: 9-12Distance: 0.4 mi
- 1/10Springfield Public Day Elementary SchoolGrades: 1-5Distance: 0.8 mi
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