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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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40 Warriner Ave , Springfield, MA 01108
$1,650,000
Est. Payment: $3,666.67/mo
12 Bed
12 Bath
13755 Sqft
Status: Active | Days on site: 14
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AN7274 - CN249852
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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.
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Highlights

Listed by Cassandra Swaby , 413-317-0032 Berkshire Hathaway HomeServices Realty Professionals , 413-596-6711.

Property Type

Multi-Family
Lot/Acreage
0.16

Year Built

1913

County

Hampden

Listing ID

73571198

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:12
  • ▪ Bathrooms:12
  • ▪ Full Bathrooms:12
Water:Public

Exterior Features

Lot:Corner Lot
Garage Capacity:0
Zoning:R3
Sewer:Public Sewer
Parking Features:Off Street
Principal Interest
$3,667
Taxes
$1,151

Home Price

$1,650,000

Loan Details

30 yrs
%

Down Payment

20%
$330,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,666.67 $1,151.42 $0.00 $4,818.08
Yearly $44,000.00 $13,817.00 $0.00 $57,817.00
Total $1,320,000.00 $414,510.00 $0.00 $1,734,510.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Springfield, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.