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Sold on 03/05/2025

45 Monroe, Springfield, MA 01109

$416,000

Last sold 03/05/2025 for $365K

  • 8

    bed

  • 2

    bath

  • 2,200

    Sqft ($166/Sqft)

Multi-family not for sale
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About 45 Monroe

Property type Multi-family
Neighborhood
Year built 1898
HOA fee $0/month
Lot size 3,188 Sqft
Movoto estimate
Property description
Welcome to 45 Monroe Street! This beautifully renovated two-family home offers a fantastic investment opportunity or perfect owner-occupied living. Totally renovated 2 years ago, now refreshed for the new tenants/occupants. Each unit features 4 spacious bedrooms and 1 full bathroom. Recent renovations include a brand-new roof gutters, new windows, and new plumbing and electrical, ensuring peace of mind for years to come. The property also boasts newer furnaces, keeping both units efficient and comfortable year-round. Second floor unit is currently vacant and move-in ready, allowing for immediate occupancy or the opportunity to set your own rent. Whether you’re looking to generate steady rental income on a positive cash flowing property or live in one unit while renting out the other, low maintenance & De leaded this property is a must see! Schedule today!
Listed by
Listing Agent - Xavier Cruz
Listing Office - Fathom Realty
Source: MLS Property Information Network, Inc. mls logo
MLS#73334733 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 10 minutes ago
Overview
Levels/Style 3, 3
MLS # 73334733
Type Residential Income
Status Closed
SubType Multi Family
SqFt 2200
Lot Size (SqFt) 3188
Lot Size (Acres) 0.07
Annual Property Tax 3835.33
Year Built 1898
Interior
Total # of Bathrooms 2
# Full Baths 2
Total # of Bedrooms 8
Total # of Rooms 2
Exterior
Foundation Brick/Mortar
Parking Desc Shared Driveway
# Parking Spaces 2
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Hampden
Zoning R2
APN 2596238
Directions GPS Freindly
Multifamily Details
Net Operating Income 21000
Total Actual Rent 1750
Gross Income 21000
$416K
Range: $336K-$495K
Last 30 days 
  • Mar 2025
    mls logo MLS # 73334733
  • Mar 28, 2025 Sold
    $365,000 (+4.3%)
  • Feb 12, 2025 Listed
    $349,900 (+629.0%)
  • May 2004
    Public Records
  • May 28, 2004 Sold
    $48,000
  • Year Property taxes Tax assessment
  • 2025
    $3,835 +18.3%
    $244,600 +21.21%
  • 2024
    $3,241 +91.8%
    $201,800 +103.63%
  • 2023
    $1,690 -30.2%
    $99,100 -22.94%
  • 2022
    $2,420 +13.6%
    $128,600 +14.11%
  • 2021
    $2,130 +5.9%
    $112,700 +9.42%
  • 2020
    $2,012 -0.5%
    $103,000 +0.19%
  • 2019
    $2,023 +4.2%
    $102,800 +4.15%
  • 2018
    $1,942 +1.3%
    $98,700 +1.23%
  • 2017
    $1,917 +14.6%
    $97,500
  • 2016
    $1,673
    —
  • 45 Monroe
    $365K
  • Old Hill
    $280K +33% y/y
  • 01109
    $285K +5% y/y
  • Springfield
    $302K 0% y/y
No chart available
Statistics calculated by Movoto

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1/10
William N. Deberry 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
3/10
Springfield Central High School
public Grades 9-12
Springfield School District
Source: GreatSchools.org © 2026. All rights reserved.

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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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