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Sold on 03/06/2025

54-56 Suffolk St, Springfield, MA 01109

  • $463,000

    Last sold 03/06/2025 for $390K

  • 6

    bed

  • 4

    bath

  • 1,920

    Sqft ($203/Sqft)

Multi-family not for sale
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About 54-56 Suffolk St

Property type Multi-family
Neighborhood
Year built 1989
HOA fee $0/month
Lot size 8,059 Sqft
Movoto estimate
Property description
This 1989-built duplex is a prime investment opportunity, featuring two identical units, each with 3 bedrooms and 1.5 bathrooms. With separate driveways, tenants enjoy privacy and convenience—an attractive feature for long-term rental potential.Located in a high-demand area with easy access to shopping, major roadways, and local amenities, this property offers strong rental income potential with minimal upkeep. Are you looking to expand your portfolio? This cash-flowing asset is a must-see.Left side unit was renovated this year and right side is in great shape. Great tenants in place paying close to market rent. Don’t miss out—schedule your showing today! **Highest and best due by Tuesday March 4 at 5pm. no further showings.
Listed by
Listing Agent - Patriot Living Group
Listing Office - Lock and Key Realty Inc.
Source: MLS Property Information Network, Inc. mls logo
MLS#73337704 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 6 minutes ago
Overview
Levels/Style 4, 4
MLS # 73337704
Type Residential Income
Status Closed
SubType Multi Family
SqFt 1920
Lot Size (SqFt) 8059
Lot Size (Acres) 0.19
Annual Property Tax 4514
Year Built 1989
Interior
Total # of Bathrooms 4
# Full Baths 2
# Half Baths 2
Total # of Bedrooms 6
Total # of Rooms 10
Flooring Vinyl
Appliances Range, Refrigerator
Interior Features Living Room, Kitchen
Window Features Insulated Windows
Exterior
Foundation Concrete Perimeter
Roof Shingle
Parking Desc Off Street
# Parking Spaces 6
Patio/ Porch Deck - Composite
Lot Desc Other
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Hampden
Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House Of Worship, Private School, Public School, University
Zoning R2
APN S:11260 P:0011, 2607578
Directions Wilbraham Rd To Suffolk St
Multifamily Details
Net Operating Income 40140
Total Actual Rent 3345
Gross Income 40140
Lot/ Land Details
Road Frontage Public
$463K
Range: $384K-$541K
Last 30 days 
  • Apr 2025
    mls logo MLS # 73337704
  • Apr 16, 2025 Sold
    $390,000
  • Feb 24, 2025 Listed
    $359,900 (+139.9%)
  • Apr 2025
    Public Records
  • Apr 7, 2025 Sold
    $390,000 (+8.4%)
  • Jul 2022
    Public Records
  • Jul 15, 2022 Sold
    $150,000 (-21.1%)
  • Jun 2020
    mls logo MLS # 72612717
  • Jun 22, 2020 Price Change
    $189,999 (+6.1%)
  • Jan 30, 2020 Price Change
    $178,999 (+5.3%)
  • Jan 23, 2020 Listed
    $170,000 (+56.0%)
  • Oct 2008
    Public Records
  • Oct 29, 2008 Sold
    $109,000 (-41.1%)
  • Mar 2006
    Public Records
  • Mar 8, 2006 Sold
    $185,000
  • Year Property taxes Tax assessment
  • 2025
    $4,428 -1.9%
    $282,400 +0.46%
  • 2024
    $4,514 +19.6%
    $281,100 +28.06%
  • 2023
    $3,773 -1.7%
    $219,500 +7.65%
  • 2022
    $3,837 +5.7%
    $203,900 +6.14%
  • 2021
    $3,631 +28.9%
    $192,100 +33.13%
  • 2020
    $2,818 +9.8%
    $144,300 +10.66%
  • 2019
    $2,566 +0.7%
    $130,400 +0.69%
  • 2018
    $2,549 -4.8%
    $129,500 -4.92%
  • 2017
    $2,678 +11.0%
    $136,200
  • 2016
    $2,412
    —
  • 54-56 Suffolk St
    $390K
  • Upper Hill
    $299K +7% y/y
  • 01109
    $285K +5% y/y
  • Springfield
    $302K +1% y/y
No chart available
Statistics calculated by Movoto

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2/10
Benjamin Swan Elementary School
public Grades PK, K-5
Springfield School District
5/10
John J Duggan Middle School
public Grades 6-12
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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