$98,000
 $526 est/mo Sourced by Back At You

140 Chestnut St # 319,Springfield, MA 01103

Springfield, MA 01103

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Description

The seller is offering a 2500$ credit to the buyer. Investor Alert! Rarely can you purchase a cash-flow-focused condo for under $125,000 in today's market. This investor-friendly property offers no long-term rental restrictions, giving you the flexibility to maximize your investment strategy. Well-suited for Section 8, HomeBASE, and other voucher programs, it provides access to a strong and consistent tenant pool. The HOA includes heat, hot water, Wi-Fi, seasonal A/C, water, trash, and common area maintenance, helping keep operating expenses low and cash flow strong. Ideally located in downtown Springfield near MGM, Union Station, major hospitals, restaurants, and highways, the property benefits from consistent rental demand. Whether you're a first-time investor or an experienced buyer looking to expand your portfolio, this is an affordable opportunity to secure a high-potential, income-producing asset.

Details

MLS #73549986
Listing TypeFor Sale
StyleCondominium
Building NameKimball Towers
HOA Dues$726
Sub-TypeResale
StatusActive
Year1910
Days On Site38
Listing Provided ByNextHome Elite Realty | Bria Brantley

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet760
Story(s)1
Units132
ZoningB3

Interior

Rooms Total5
Cooling Yes / NoYes
CoolingCentral Air
Heating Yes / NoYes
HeatingCentral
AppliancesRange, Dishwasher, Microwave, Refrigerator
Fireplaces Total0
Fireplace Yes / NoNo
FlooringVinyl

Parking

Garage Yes / NoYes
Attached Garage Yes / NoYes
Parking FeaturesUnder, Heated Garage, Off Street, Rented

Utilities

Utilitiesfor Electric Range
SewerPublic Sewer

Taxes

Tax Annual Amount1232
Tax Assessed Value78600
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
Senior Community Yes / NoNo

Area Information

StateMA
CountyHampden
CitySpringfield
Zip Code01103
AreaHampden
Listing VS Median (in 01103)
Price:
$98,000
low | high
Med:
$1,525
100% of Average
sqft:
760
low | high
Med:
850
38.157894736842% of Average
$ / sqft:
$129
low | high
Med:
$2
100% of Average
On site:
38
low | high
Med:
68
55.882352941176% of Average
Sourced by Back At You

Market Activity 01103

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Learn More About This Property

StateMA
CountyHampden
CitySpringfield
Zip Code01103
AreaHampden
Listing VS Median (in 01103)
Price:
$98,000
low | high
Med:
$1,525
100% of Average
sqft:
760
low | high
Med:
850
38.157894736842% of Average
$ / sqft:
$129
low | high
Med:
$2
100% of Average
On site:
38
low | high
Med:
68
55.882352941176% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $73K - $122K
sqft: 570 - 950
Listing Updated: August 22, 2026 at 2:39:12 AM PDT