40 Warriner Ave, Springfield, MA 01108

$1,650,000
12
BD
12
BA
13,755
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,650,000
Status
ACTIVE
MLS#
73571198
Year Built
1913
Levels
4
Bedrooms
12
Bathrooms
12
Units
12
Acres
0.16
Living Area
13,755

Property Description

Excellent investment opportunity! 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. The property features a mix of spacious apartment layouts with separate utilities.Additional Value-Add Potential: Sale includes adjacent approximately 7,000 SF parcel (62.5' x 112'), currently utilized for off-street parking for the existing 12-unit property. The additional parcel may offer future development, site optimization, or expanded-use potential, subject to buyer due diligence and all applicable zoning, parking, permitting, and municipal approvals. An excellent opportunity for an investor to explore additional value beyond the strong in-place multifamily income. Well suited for an investor looking to add a substantial multifamily asset to their portfolio. Conveniently located near shopping, restaurants, public transportation and major routes. Showings by appointment only. Please do not disturb tenants. Buyer and buyer’s agent to verify all information and perform their own due diligence.

Additional Information

Days on Market
8
Taxes
$13,817
Lot Desc
Corner Lot
Lot Size
7,000
Sewer
Public Sewer
Water Source
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Cassandra Swaby from Listing Office: Berkshire Hathaway HomeServices Realty Professionals.