Welcome to this established 3-family investment property in Springfield, MA! Three spacious 3BR apartments, all currently occupied with reliable tenants providing immediate steady cash flow. Located near schools, parks, shopping & public transit with easy highway access. This turnkey opportunity comes with existing tenants who remain, eliminating vacancy concerns & providing instant rental income from day one. Perfect for investors seeking proven cash-flowing property with established rental history. Don't miss this rare fully-occupied 3-family home with guaranteed immediate returns!
Sold for $455,000 on 09/15/25
$455,000
49 Prospect St, Springfield, MA 01107
9beds
3,258sqft
3 Family
Built in 1910
-- sqft lot
$459,700 Zestimate®
$140/sqft
$1,951 Estimated rent
Home value
$459,700
$414,000 - $515,000
$1,951/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 16, 2025 at 09:38am
Listed by:
Mark Lesses Group 617-974-9275,
Coldwell Banker Realty - Lexington 781-862-2600,
Sandra Morales 617-513-2105
Bought with:
Samuel Saillant
United Brokers
Source: MLS PIN,MLS#: 73410362
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Cooling
- Window Unit(s)
Features
- Living Room, Kitchen
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,258
- Total interior livable area: 3,258 sqft
- Finished area above ground: 3,258
Property
Lot
- Size: 5,654 sqft
- Features: Other
Details
- Parcel number: S:09950 P:0092,2602649
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1910
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Park, Medical Facility, Highway Access, Public School
Location
- Region: Springfield
HOA & financial
Other financial information
- Total actual rent: 4700
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2025 | Sold | $455,000+9.6%$140/sqft |
Source: MLS PIN #73410362 | ||
| 8/19/2025 | Contingent | $415,000$127/sqft |
Source: MLS PIN #73410362 | ||
| 8/14/2025 | Listed for sale | $415,000$127/sqft |
Source: MLS PIN #73410362 | ||
| 8/7/2025 | Contingent | $415,000$127/sqft |
Source: MLS PIN #73410362 | ||
| 7/28/2025 | Listed for sale | $415,000+13.7%$127/sqft |
Source: MLS PIN #73410362 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,038 +19.6% | $321,300 +22.5% |
| 2024 | $4,213 +9% | $262,300 +15.7% |
| 2023 | $3,865 -7.7% | $226,700 +1.9% |
Find assessor info on the county website
Neighborhood: Memorial Square
Nearby schools
GreatSchools rating
- 1/10Springfield Public Day Elementary SchoolGrades: 1-5Distance: 0.5 mi
- NASpringfield Public Day Middle SchoolGrades: 6-8Distance: 0.5 mi
- 2/10High School Of CommerceGrades: 9-12Distance: 1.2 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$459,700
2% more+ $9,194
With Zillow Showcase(estimated)
$468,894