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Sold on 07/29/2026

116-118 Massasoit St, Springfield, MA 01107

$480,000

Last sold 07/29/2026 after 60 Days

  • 8

    bed

  • 6

    bath

  • 4,142

    Sqft ($116/Sqft)

Multi-family not for sale
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About 116-118 Massasoit St

Property type Multi-family
Neighborhood
Year built 1912
HOA fee $0/month
Lot size 4,657 Sqft
Movoto estimate
Property description
Motivated Seller! Excellent opportunity to own this legal, fully vacant three-family property with strong income potential. The first and second-floor units each offer 3 bedrooms and 1.5 baths, while the spacious third-floor unit features 4 bedrooms and 1.5 baths and was previously rented for $2,525 per month. Each unit is separately metered, with tenants responsible for their own gas and electric utilities. Additional features include circuit breaker panels, three gas hot water tanks, updated kitchens, and updated bathrooms. The property will be delivered fully vacant, making it an excellent opportunity for both owner-occupants and investors. Lead compliance documentation is available for all three units.
Listed by
Listing Agent - Daisy Sanchez
Listing Office - RE/MAX IGNITE
Source: MLS Property Information Network, Inc. mls logo
MLS#73527157 • last updated 1 week ago
Movoto checked MLS Property Information Network, Inc. for data 4 minutes ago
Overview
Heating Steam, Natural Gas, Individual, Unit Control
Levels/Style 3, 3
MLS # 73527157
Type Residential Income
Status Closed
SubType 3 Family
SqFt 4142
Lot Size (SqFt) 4657
Lot Size (Acres) 0.11
Annual Property Tax 6887
Year Built 1912
Interior
Total # of Bathrooms 6
# Full Baths 3
# Half Baths 3
Total # of Bedrooms 8
Basement Full, Bulkhead, Unfinished
Total # of Rooms 16
Flooring Tile, Varies, Laminate, Other
Appliances Range, Refrigerator, Range Hood
Interior Features Pantry, Living Room, Kitchen
Window Features Insulated Windows
Exterior
Foundation Block
Roof Shingle
Construction Frame
Parking Desc Off Street
# Parking Spaces 3
Patio/ Porch Porch
Lot Desc Other
Amenities / Utilities
Sewer Public Sewer
Green Features: Energy Efficiency Varies Per Unit, Other (See Remarks)
Utilities For Gas Range
Electricity Circuit Breakers, Individually Metered
Water Source Public
Location
County Hampden
Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House Of Worship, Public School, Other, Sidewalks
Zoning R2
APN S:08357 P:0024, 2594809
Directions Take State Street Towards Memorial Square, Turn Onto Massasoit Street. GPS Friendly
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)
Net Operating Income 30000
Total Actual Rent 2500
Financial Data Source Not Available
Gross Income 30000
Lot/ Land Details
Road Frontage Public
Road Responsibility Public Maintained Road
$543K
Range: $423K-$662K
Last 30 days 
  • Oct 2026
    mls logo MLS # 73527157
  • Oct 6, 2026 Sold
    $480,000
  • May 30, 2026 Listed
    $480,000 (+245.3%)
  • Apr 2004
    Public Records
  • Apr 20, 2004 Sold
    $139,000 (+20.9%)
  • Mar 2003
    Public Records
  • Mar 14, 2003 Sold
    $115,000
  • Year Property taxes Tax assessment
  • 2025
    $6,887 +11.1%
    $439,200 +13.81%
  • 2024
    $6,198 +17.8%
    $385,900 +25.09%
  • 2023
    $5,260 +8.2%
    $308,500 +19.43%
  • 2022
    $4,861 +7.3%
    $258,300 +7.76%
  • 2021
    $4,530 +3.5%
    $239,700 +7.01%
  • 2020
    $4,375 +5.5%
    $224,000 +6.31%
  • 2019
    $4,147 +44.5%
    $210,700 +44.51%
  • 2018
    $2,869 +7.8%
    $145,800 +7.68%
  • 2017
    $2,662 +14.2%
    $135,400
  • 2016
    $2,332
    —
  • 116-118 Massasoit St
    $480K
  • Memorial Square
    $439K -1% y/y
  • 01107
    $328K +26% y/y
  • Springfield
    $299K -2% y/y
No chart available
Statistics calculated by Movoto

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2/10
Lincoln Elementary School
public Grades PK, K-5
Springfield School District
2/10
High School Of Commerce
public Grades 9-12
Springfield School District
2/10
High School/Science-Tech
public Grades 9-12
Springfield School District
Source: GreatSchools.org © 2026. All rights reserved.

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