$440,000
 $2,362 est/mo Sourced by Back At You

10 Monroe St,Springfield, MA 01109

Springfield, MA 01109

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Description

Excellent investment opportunity! This fully rented two-family property offers immediate rental income with leased tenants already in place. The current total monthly rental income is $4,800. The property features a low-maintenance yard, making upkeep simple and cost-effective. An added bonus is the potential to create a third-floor unit, subject to obtaining the necessary city permits and approvals, providing an opportunity to increase future cash flow. Whether you're looking to expand your investment portfolio or secure an income-producing property, this is one you won't want to miss.

Details

MLS #73548440
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1910
Days On Site43
Listing Provided ByHB Real Estate, LLC | Nicole Flamand

Features

Bed(s)6
Bath(s) 2 Total
SQ Feet1,910
BasementY
Story(s)3
Units2
ZoningB1
Acreage0.04

Interior

Rooms Total10
Cooling Yes / NoYes
CoolingWindow Unit(s)
Heating Yes / NoYes
HeatingForced Air, Natural Gas
Interior FeaturesLiving Room, Kitchen
AppliancesRange, Refrigerator
Fireplaces Total0
Fireplace Yes / NoNo
FlooringWood, Tile, Vinyl / VCT

Exterior

Exterior FeaturesBalcony
RoofShingle
Foundation DetailsConcrete Perimeter, Brick/Mortar, Other
Lot FeaturesLevel

Parking

Garage Yes / NoNo

Utilities

Utilitiesfor Gas Range, for Electric Dryer, Washer Hookup
SewerPublic Sewer
ElectricCircuit Breakers

Taxes

Tax Annual Amount4525
Tax Assessed Value288600
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, University
Senior Community Yes / NoNo

Area Information

StateMA
CountyHampden
CitySpringfield
Zip Code01109
AreaHampden
School DistrictPer Board Of Ed
Elementary SchoolPer Board Of Ed
High SchoolPer Board Of Ed
Listing VS Median (in 01109)
Price:
$440,000
low | high
Med:
$318,950
77.511363636364% of Average
sqft:
1,910
low | high
Med:
1,711
60.44502617801% of Average
$ / sqft:
$230
low | high
Med:
$226
51.826269228743% of Average
On site:
43
low | high
Med:
19.5
100% of Average
Sourced by Back At You

Market Activity 01109

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Learn More About This Property

StateMA
CountyHampden
CitySpringfield
Zip Code01109
AreaHampden
School DistrictPer Board Of Ed
Elementary SchoolPer Board Of Ed
High SchoolPer Board Of Ed
Listing VS Median (in 01109)
Price:
$440,000
low | high
Med:
$318,950
77.511363636364% of Average
sqft:
1,910
low | high
Med:
1,711
60.44502617801% of Average
$ / sqft:
$230
low | high
Med:
$226
51.826269228743% of Average
On site:
43
low | high
Med:
19.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $330K - $550K
sqft: 1,000 - 2,000
Listing Updated: July 20, 2026 at 8:48:50 AM PDT