40 Warriner Ave, Springfield, MA 01108

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

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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

INVESTMENT OPPORTUNITY WITH ADDITIONAL DEVELOPMENT POTENTIAL! 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. Excellent opportunity at 40 Warriner Ave in Springfield! This property is being offered together with the adjacent lot, creating exciting possibilities for investors and developers. Per a recent conversation with the City of Springfield Zoning Department, the adjacent lot may have the potential to accommodate a new three-family residential building. Zoning also indicated that the existing parking arrangement for 40 Warriner Ave is grandfathered and that the adjacent lot is not required to serve as parking for the existing building. This presents a unique opportunity to own an existing property along with additional land that may offer future development potential.Buyer and buyer's agent to perform their own due diligence and verify all zoning, building requirements, permitting, and development possibilities with the City of Springfield.

Additional Information

Days on Market
54
Taxes
$13,817
Lot Desc
Corner Lot
Lot Size
7,000
Sewer
Public Sewer
Water Source
Public

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Calculator source: Real Geeks

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