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Sold on 06/23/2025

581-583 Armory St, Springfield, MA 01104

  • $445,000

    Last sold 06/23/2025 for $410K

  • 6

    bed

  • 4

    bath

  • 2,220

    Sqft ($185/Sqft)

Multi-family not for sale
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About 581-583 Armory St

Property type Multi-family
Neighborhood
Year built 2006
HOA fee $0/month
Lot size 5,571 Sqft
Movoto estimate
Property description
*Highest and best offer due by Monday 6/23 at Noon* Attractively priced, low maintenance, and high rent potential are all featured in this newer construction side by side two family. A fantastic investment property, this two unit multifamily has a VACANT 3 bedroom unit which was recently updated with new flooring and paint along with a 3 bedroom unit next to it bringing in $1,400 per month. Book your showing today!
Listed by
Listing Agent - Michael Rodgers
Listing Office - Lock and Key Realty Inc.
Source: MLS Property Information Network, Inc. mls logo
MLS#73392921 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago
Overview
Levels/Style 4, 4
MLS # 73392921
Type Residential Income
Status Pending
SubType 2 Family - 2 Units Side By Side
SqFt 2220
Lot Size (SqFt) 5571
Lot Size (Acres) 0.13
Annual Property Tax 6855
Year Built 2006
Interior
Total # of Bathrooms 4
# Full Baths 2
# Half Baths 2
Total # of Bedrooms 6
Total # of Rooms 12
Exterior
Foundation Concrete Perimeter
Parking Desc Paved Drive
# Parking Spaces 6
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Hampden
Zoning R2
APN S:00645 P:0202, 2571723
Directions USE GPS
Multifamily Details
Net Operating Income 16800
Total Actual Rent 1400
Gross Income 16800
$445K
Range: $387K-$502K
Last 30 days 
  • Aug 2025
    mls logo MLS # 73392921
  • Aug 5, 2025 Sold
    $410,000 (+2.5%)
  • Jun 25, 2025 Active
    —
  • Jun 18, 2025 Listed
    $399,900 (+21.2%)
  • Nov 2021
    mls logo MLS # 72921426
  • Nov 18, 2021 Listed
    $330,000 (+42.2%)
  • Sep 2006
    Public Records
  • Sep 13, 2006 Sold
    $232,000
  • Year Property taxes Tax assessment
  • 2025
    $6,855 +17.0%
    $437,200 +19.88%
  • 2024
    $5,857 +7.8%
    $364,700 +14.43%
  • 2023
    $5,434 +0.1%
    $318,700 +10.47%
  • 2022
    $5,430 +6.8%
    $288,500 +7.29%
  • 2021
    $5,082 +1.9%
    $268,900 +5.33%
  • 2020
    $4,986 +10.6%
    $255,300 +11.44%
  • 2019
    $4,509 +8.7%
    $229,100 +8.73%
  • 2018
    $4,147 +1.7%
    $210,700 +1.59%
  • 2017
    $4,077 +5.0%
    $207,400
  • 2016
    $3,883
    —
  • 581-583 Armory St
    $410K
  • Liberty Heights
    $305K +5% y/y
  • 01104
    $278K -4% y/y
  • Springfield
    $302K 0% y/y
No chart available
Statistics calculated by Movoto

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4/10
Glenwood School
public Grades PK, K-5
Springfield School District
3/10
Van Sickle Academy
public Grades 6-8
Springfield School District
2/10
High School Of Commerce
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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  • 581-583 Armory St
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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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