$429,900
 $2,308 est/mo Sourced by Back At You

42-44 Dearborn St,Springfield, MA 01109

Springfield, MA 01109

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Description

First Open House this Saturday from 2:00 PM-4:00 PM! Welcome to 42-44 Dearborn Street, a unique and versatile multi-family property in Springfield’s Hill/McKnight neighborhood, offering an excellent opportunity for both owner-occupants and investors. The property features a spacious 5-bedroom owner’s unit spanning the second and third floors, providing plenty of room for comfortable living, entertaining, and additional flexibility. A major advantage for the owner is the paying first-floor tenant, whose rental income helps offset the owner’s monthly costs while allowing the owner to enjoy the expansive upper-level living space. With its combination of rental income and substantial owner-occupied space, this property offers an attractive opportunity to build equity while reducing the overall cost of ownership. Conveniently located near major roadways, local amenities, schools, shopping, and everything Springfield has to offer. Don’t miss this opportunity to own a property that combines rental income, generous living space, and long-term investment potential. Come see it for yourself this Saturday from 2:00 PM-4:00 PM!

Details

MLS #73563212
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1916
Days On Site10
Listing Provided ByNaples Realty Group | Manuel Del Hoyo Castro

Features

Bed(s)9
Bath(s) 3 Total
SQ Feet3,236
BasementY
Story(s)3
Units2
ZoningR2
Acreage0.11

Interior

Rooms Total15
Interior FeaturesLiving Room, Dining Room, Kitchen
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

RoofShingle
Foundation DetailsBlock
Lot FeaturesLevel

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive, Off Street
Open Parking Yes / NoYes

Utilities

Utilitiesfor Gas Range
SewerPublic Sewer

Taxes

Tax Annual Amount3192
Tax Assessed Value203600
Tax Year2025

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyHampden
CitySpringfield
Zip Code01109
AreaHill McKnight
School DistrictPutnam And Sic Tech 9-12
Elementary SchoolBenjamin Swan K-5
High SchoolPutnam And Sic Tech 9-12
Listing VS Median (in 01109)
Price:
$429,900
low | high
Med:
$318,000
76.029309141661% of Average
sqft:
3,236
low | high
Med:
2,425
75.061804697157% of Average
$ / sqft:
$133
low | high
Med:
$131
51.291069848418% of Average
On site:
10
low | high
Med:
33
30.30303030303% of Average
Sourced by Back At You

Market Activity 01109

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Learn More About This Property

StateMA
CountyHampden
CitySpringfield
Zip Code01109
AreaHill McKnight
School DistrictPutnam And Sic Tech 9-12
Elementary SchoolBenjamin Swan K-5
High SchoolPutnam And Sic Tech 9-12
Listing VS Median (in 01109)
Price:
$429,900
low | high
Med:
$318,000
76.029309141661% of Average
sqft:
3,236
low | high
Med:
2,425
75.061804697157% of Average
$ / sqft:
$133
low | high
Med:
$131
51.291069848418% of Average
On site:
10
low | high
Med:
33
30.30303030303% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $322K - $537K
sqft: 2,000 - 4,000
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59-61 Carlisle St Property Photo 1
$375,000
59-61 Carlisle St
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Listing Updated: August 17, 2026 at 2:20:45 AM PDT