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Sold on 04/11/2025
  • Other
  • Exterior
  • Kitchen
  • Entry Way
  • Living
  • Dining
  • Bath
  • Bedroom

40-42 Ranney St, Springfield, MA 01108

  • $360,000

    Last sold 04/11/2025 for $389K

  • 6

    bed

  • 4

    bath

  • 2,535

    Sqft ($154/Sqft)

Multi-family not for sale
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About 40-42 Ranney St

Property type Multi-family
Neighborhood
Year built 1922
HOA fee $0/month
Lot size 6,761 Sqft
Movoto estimate
Property description
Discover your next lucrative investment opportunity! This charming 2-family home comes with an additional unit in the basement, offering endless potential. The first-floor unit will be delivered vacant, making it ideal for owner-occupancy or to rent at current market value. With plenty of off-street parking, convenience is guaranteed. The beautifully updated first-floor unit is move-in ready, offering a modern and comfortable living space. Don't miss out on this fantastic opportunity to own a versatile property with excellent rental potential!
Listed by
Listing Agent - New Homes Realty Group
Listing Office - Gallagher Real Estate
Source: MLS Property Information Network, Inc. mls logo
MLS#73339875 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 16 minutes ago
Overview
Levels/Style 2, 2
MLS # 73339875
Type Residential Income
Status Closed
SubType Multi Family
SqFt 2535
Lot Size (SqFt) 6761
Lot Size (Acres) 0.16
Annual Property Tax 4646
Year Built 1922
Interior
Total # of Bathrooms 4
# Full Baths 3
# Half Baths 1
Total # of Bedrooms 6
Basement Full
Total # of Rooms 14
Exterior
Foundation Concrete Perimeter
Parking Desc Paved Drive
# Parking Spaces 6
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Hampden
Zoning R3
APN S:10075 P:0007, 2603079
Directions GPS Friendly
Multifamily Details
Net Operating Income 10800
Total Actual Rent 2334
Gross Income 10800
$360K
Range: $248K-$471K
Last 30 days 
  • Apr 2025
    mls logo MLS # 73339875
  • Apr 15, 2025 Active
    —
  • Feb 28, 2025 Listed
    $389,999
  • 40-42 Ranney St
    $389K
  • Forest Park
    $327K 0% y/y
  • 01108
    $275K -11% y/y
  • Springfield
    $309K +3% y/y
No chart available
Statistics calculated by Movoto

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6/10
White Street School
public Grades PK, K-5
Springfield School District
2/10
Forest Park Middle School
public Grades 6-8
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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  • Real Estate
  • MA
  • Hampden County
  • Springfield
  • 01108
  • Forest Park
  • 40-42 Ranney St
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The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith in interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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