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40 Warriner Ave, Springfield, MA 01108

$1,650,000
•
  • 12

    bed

  • 12

    bath

  • 13,755

    Sqft ($120/Sqft)

Multi-family for sale 53 days

About 40 Warriner Ave

Property type Multi-family
Neighborhood
Year built 1913
HOA fee $0/month
Lot size 7,000 Sqft
Movoto estimate
Property description
INVESTMENT OPPORTUNITY WITH ADDITIONAL DEVELOPMENT POTENTIAL! This 12-unit multifamily property offers strong income potential in a convenient Springfield location. Major improvements completed in 2025 and 2026 include a NEW ROOF and NEW HEATING SYSTEM. Excellent opportunity at 40 Warriner Ave in Springfield! This property is being offered together with the adjacent lot, creating exciting possibilities for investors and developers. Per a recent conversation with the City of Springfield Zoning Department, the adjacent lot may have the potential to accommodate a new three-family residential building. Zoning also indicated that the existing parking arrangement for 40 Warriner Ave is grandfathered and that the adjacent lot is not required to serve as parking for the existing building. This presents a unique opportunity to own an existing property along with additional land that may offer future development potential.Buyer and buyer's agent to perform their own due diligence and verify all zoning, building requirements, permitting, and development possibilities with the City of Springfield.
Listed by
Listing Agent - Cassandra Swaby
Listing Office - Berkshire Hathaway HomeServices Realty Professionals
Source: MLS Property Information Network, Inc. mls logo
MLS#73571198 • last updated 1 hour ago
Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago
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Overview
Levels/Style 4, 4
MLS # 73571198
Type Residential Income
Status Active
SubType 5+ Family - 5+ Units Up/Down
SqFt 13755
Lot Size (SqFt) 7000
Lot Size (Acres) 0.16
Annual Property Tax 13817
Year Built 1913
Interior
Total # of Bathrooms 12
# Full Baths 12
Total # of Bedrooms 12
Basement Full
Total # of Rooms 22
Exterior
Foundation Brick/Mortar
Parking Desc Off Street
Lot Desc Corner Lot
Amenities / Utilities
Sewer Public Sewer
Electricity Individually Metered
Water Source Public
Location
County Hampden
Community Features Public Transportation, Shopping, Highway Access, Public School
Zoning R3
APN 2610810
Directions Locust Street To Warriner Avenue. Property Is Located At The End Of Warriner Avenue On The Left.
Multifamily Details
Net Operating Income 166644
Operating Expense 42156
Total Actual Rent 17400
Financial Data Source Owner
Gross Income 208800
Lot/ Land Details
Road Frontage Public
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • MA
  • Hampden County
  • Springfield
  • 01108
  • South End
  • 40 Warriner Ave

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