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Sold on 08/15/2025
  • Exterior
  • Bedroom
  • Living
  • Kitchen
  • Bath

49 Prospect St, Springfield, MA 01107

  • $452,000

    Last sold 08/15/2025 for $455K

  • 9

    bed

  • 3

    bath

  • 3,258

    Sqft ($140/Sqft)

Multi-family not for sale
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About 49 Prospect St

Property type Multi-family
Neighborhood
Year built 1910
HOA fee $0/month
Lot size 5,654 Sqft
Movoto estimate
Property description
Welcome to this established 3-family investment property in Springfield, MA! Three spacious 3BR apartments, all currently occupied with reliable tenants providing immediate steady cash flow. Located near schools, parks, shopping & public transit with easy highway access. This turnkey opportunity comes with existing tenants who remain, eliminating vacancy concerns & providing instant rental income from day one. Perfect for investors seeking proven cash-flowing property with established rental history. Don't miss this rare fully-occupied 3-family home with guaranteed immediate returns!
Listed by
Listing Agent - Mark Lesses Group
Listing Office - Coldwell Banker Realty - Lexington
Source: MLS Property Information Network, Inc. mls logo
MLS#73410362 • last updated 11 months ago
Movoto checked MLS Property Information Network, Inc. for data 3 minutes ago
Overview
Cooling/AC Window Unit(s)
Heating Electric
Levels/Style 3, 3
MLS # 73410362
Type Residential Income
Status Active
SubType 3 Family
SqFt 3258
Lot Size (SqFt) 5654
Lot Size (Acres) 0.13
Annual Property Tax 5038
Year Built 1910
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 9
Total # of Rooms 15
Appliances Range, Refrigerator
Interior Features Living Room, Kitchen
Exterior
Foundation Brick/Mortar
Roof Shingle
Construction Brick
Lot Desc Other
Amenities / Utilities
Sewer Public Sewer
Electricity 200+ Amp Service
Water Source Public
Location
County Hampden
Community Features Public Transportation, Park, Medical Facility, Highway Access, Public School
Zoning R3
APN S:09950 P:0092, 2602649
Directions I-91 To Springfield Exit
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)
Net Operating Income 56400
Total Actual Rent 4700
Gross Income 56400
$452K
Range: $411K-$492K
Last 30 days 
  • Sep 2025
    mls logo MLS # 73410362
  • Sep 16, 2025 Sold
    $455,000 (+9.6%)
  • Aug 19, 2025 Pending
    —
  • Aug 19, 2025 Active
    —
  • Aug 19, 2025 Listed
    —
  • Aug 14, 2025 Listed
    —
  • Aug 7, 2025 Active
    —
  • Aug 6, 2025 Pending
    —
  • Jul 28, 2025 Listed
    $415,000
  • Jul 28, 2025 Listed
    $415,000 (+13.7%)
  • Feb 2024
    mls logo MLS # 73178593
  • Feb 5, 2024 Sold
    $365,000
  • Dec 13, 2023 Active
    —
  • Dec 6, 2023 Price Change
    $384,900 (-1.3%)
  • Dec 6, 2023 Listed
    —
  • Nov 17, 2023 Active
    —
  • Nov 6, 2023 Listed
    $389,900 (+36.8%)
  • Jan 2024
    Public Records
  • Jan 31, 2024 Sold
    $365,000 (-5.2%)
  • Feb 2022
    Public Records
  • Feb 7, 2022 Sold
    $285,000 (-1.7%)
  • Dec 2021
    mls logo MLS # 72929426
  • Dec 23, 2021 Listed
    $289,999 (+5.2%)
  • Feb 2021
    mls logo MLS # 72781195
  • Feb 1, 2021 Listed
    $275,550 (+224.2%)
  • Dec 2011
    Public Records
  • Dec 23, 2011 Sold
    $85,000 (-48.5%)
  • Dec 2004
    Public Records
  • Dec 10, 2004 Sold
    $165,000 (+38.1%)
  • Dec 2003
    Public Records
  • Dec 31, 2003 Sold
    $119,500
  • Year Property taxes Tax assessment
  • 2025
    $5,038 +19.6%
    $321,300 +22.49%
  • 2024
    $4,213 +9.0%
    $262,300 +15.7%
  • 2023
    $3,865 -7.7%
    $226,700 +1.93%
  • 2022
    $4,186 +2.4%
    $222,400 +2.87%
  • 2021
    $4,086 +12.7%
    $216,200 +16.42%
  • 2020
    $3,627 +37.3%
    $185,700 +38.38%
  • 2019
    $2,641 -7.9%
    $134,200 -7.89%
  • 2018
    $2,867 +11.1%
    $145,700 +10.97%
  • 2017
    $2,581 +5.2%
    $131,300
  • 2016
    $2,454
    —
  • 49 Prospect St
    $455K
  • Memorial Square
    $387K -13% y/y
  • 01107
    $328K +26% y/y
  • Springfield
    $302K +1% y/y
No chart available
Statistics calculated by Movoto

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5/10
Boland 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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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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