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For sale by owner
  • Price cut: $25K (9/25)
    $924,999

    855 Liberty St, Springfield, MA 01104

    12beds
    5,500sqft
    : 
    $6,757/mo
    Get pre-qualified
    MultiFamily
    Built in 1909
    -- sqft lot
    $-- Zestimate®
    $168/sqft
    $-- HOA

    What's special

    Two new gas furnacesNew hot water tanks
    $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.
    17 days
    347
    27
    Listed by:

    Property Owner (413) 272-5144

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      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

        DateEventPrice
        9/25/2026Price change$924,999-2.6%$168/sqft
        Source: Owner Report a problem
        9/16/2026Listed for sale$949,999+29.3%$173/sqft
        Source: Owner Report a problem
        7/11/2025Sold$735,000+5%$134/sqft
        Source: MLS PIN #73369994 Report a problem
        6/17/2025Pending sale$699,900$127/sqft
        Source: BHHS broker feed #73369994 Report a problem
        6/3/2025Contingent$699,900$127/sqft
        Source: MLS PIN #73369994 Report a problem
        5/6/2025Listed for sale$699,900$127/sqft
        Source: MLS PIN #73369994 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Liberty Heights

        Getting around

        80 / 100
        Very Walkable
        55 / 100
        Good Transit
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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