$949,999 — Renovated 6-Unit Multifamily + Rooftop Cell Site
855 Liberty St, Springfield, MA 01104
Excellent opportunity to acquire a renovated 6-unit multifamily investment property with strong existing rental income, recent capital improvements, and an established rooftop telecommunications lease providing an additional revenue stream.
The property consists of six spacious 2-bedroom, 1-bathroom apartments. All six units have received renovations and improvements during current ownership, along with upgrades to the building and mechanical systems.
The property currently generates approximately $109,800 in annual residential rental income, plus approximately $7,900 annually from the rooftop cell-site lease, for approximately $117,700 in combined annual gross income.
Property Highlights 6-unit multifamily property Six 2-bedroom / 1-bath apartments All 6 units have received renovations and improvements Approx. $109,800/year in residential rental income Approx. $7,900/year in rooftop cell-site income Approx. $117,700/year in combined gross income New windows installed in select units New hot water tanks Two new gas furnaces Additional building and mechanical improvements Rooftop Cell-Site Income
The property includes an established rooftop telecommunications lease currently generating approximately $7,900 annually in additional income.
The lease includes 15% contractual rent increases every five years, providing built-in growth in the cell-site revenue over the remaining lease term.
$135,000 Cell-Site Monetization Option
The current owner has an agreed $135,000 option to monetize the cell-site lease.
Subject to the terms of the agreement, transferability, lender requirements, and closing conditions, a purchaser may have the opportunity to either retain the cell-site lease and its ongoing income and contractual increases or pursue the existing $135,000 cash monetization option.
Investment Summary
Asking Price: $949,999
Units: 6
Unit Mix: Six 2-bedroom / 1-bath apartments
Residential Rental Income: Approx. $109,800/year
Cell-Site Income: Approx. $7,900/year
Combined Gross Income: Approx. $117,700/year
Cell-Site Escalation: 15% every 5 years
Agreed Cell-Site Monetization Option: $135,000
With six renovated units, strong existing rental income, recent capital improvements, and a unique rooftop telecommunications revenue stream, 855 Liberty St presents an attractive opportunity for an investor seeking current cash flow with additional long-term upside.
Rent roll, operating expenses, cell-site lease documentation, and information regarding the $135,000 monetization agreement are available to qualified prospective buyers.
For Sale By Owner — Serious inquiries only.
For sale by owner
Price cut: $25K (9/25)
$924,999
855 Liberty St, Springfield, MA 01104
12beds
5,500sqft
MultiFamily
Built in 1909
-- sqft lot
$-- Zestimate®
$168/sqft
$-- HOA
What's special
Two new gas furnacesNew hot water tanks
- 17 days
- 347
- 27
Listed by:
Property Owner (413) 272-5144
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Forced air, Electric, Gas
Appliances
- Included: Garbage disposal, Range / Oven, Refrigerator
Features
- Flooring: Tile, Carpet, Laminate
- Basement: Unfinished
Interior area
- Total interior livable area: 5,500 sqft
Property
Parking
- Parking features: Off-street, On-street
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: S:07770 P:0490,2592079
Construction
Type & style
- Home type: MultiFamily
Condition
- New construction: No
- Year built: 1909
Community & HOA
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $168/sqft
- Date on market: 9/16/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,545/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Price change | $924,999-2.6%$168/sqft |
Source: Owner Report a problem | ||
| 9/16/2026 | Listed for sale | $949,999+29.3%$173/sqft |
Source: Owner Report a problem | ||
| 7/11/2025 | Sold | $735,000+5%$134/sqft |
Source: MLS PIN #73369994 Report a problem | ||
| 6/17/2025 | Pending sale | $699,900$127/sqft |
Source: BHHS broker feed #73369994 Report a problem | ||
| 6/3/2025 | Contingent | $699,900$127/sqft |
Source: MLS PIN #73369994 Report a problem | ||
| 5/6/2025 | Listed for sale | $699,900$127/sqft |
Source: MLS PIN #73369994 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






