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.
Metro Center, located between Court Square and the MGM Springfield district, is a civic and commercial Springfield neighborhood with a courthouse-lined streetscape and a rail-and-bus transit core. The character concentrates around Main Street at State Street, where lunch counters, coffee windows, and small storefronts cycle through the workday rush. Court Square’s monuments and mature trees frame a formal public-room feel, while nearby blocks mix early-20th-century masonry with newer infill. Symphony Hall anchors the cultural calendar, and the MassMutual Center draws concerts and conventions. The Riverfront Park edge adds open sky and long walks along the Connecticut River. Side streets shift quickly from office towers to pocket parks and historic facades.
Provided by Walk Score and Local Logic
Market insights
140 Chestnut St #319 · $98,000
DAYS ON MARKET
35 days
The average home goes pending in 23 days.
SALE-TO-LIST
100.3%
Most homes are selling 0% above list price.
LIST PRICE
$109,000
Median list price in this area is $212,401. (95% higher than this home)
PRICE DROP
2 price drops
11% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Total of 5 rooms
Cedar closet(s)
Lighting - Overhead
Bedrooms
Master bedroom on the first floor with walk-in closet(s), vinyl flooring, and bay/bow/box window(s)
Second bedroom on the first floor with walk-in closet(s), vinyl flooring, and bay/bow/box window(s)
Bathrooms
One full bathroom on the first floor with tub and shower, vinyl flooring
Kitchen
Vinyl flooring
Stone/granite/solid countertops
Breakfast bar / nook
Range
Dishwasher
Microwave
Refrigerator
Laundry & utility
Laundry on the first floor
Flooring
Vinyl flooring throughout
Heating & cooling
Central heating
Central air conditioning
Exterior features
Located in a high-rise building
Entry level is 3
Home design
Condominium (attached)
High-rise structure
Single-story unit within the building
Approximate year built (public records)
Parking
Under-building parking
Heated garage
Attached garage
Off-street parking
Rented parking space
Security
Building security included in association
Construction
Kimball Towers building
Utilities
Public water
Public sewer
Electric range hookup
HOA & community
Monthly association fee includes heat, water, security, snow removal, and trash
Association provides hot water, laundry facilities, and elevator(s)
Other
Community has access to public transportation, shopping, medical facility, highway access, house of worship, public school, T-Station, and university
Electricity and solar
View estimated energy costs and solar savings for this home
Well maintained two bedroom end unit is move in ready !!! Highest and Best due Sat 26th at 3PM
MLS PIN #72176764
Aug 2, 2017
Sold
$49,900
$66/sq ft
Jun 6, 2017
Listed
$49,900
$66/sq ft
Why rent? Cozy two bedroom Condo w/combo dining+living room. Kitchen LG stainless steel appliances,tile backsplash+ new floor. Brand new wood floor in the living room/dining room. Fabulous lobby+community room.Utilities(except electric)included.Enjoy museums,library,symphony,sports,dining +future MGM entertainment complex.Great highway access.
MLS PIN #71632043
Jun 30, 2014
Sold
$35,000
$46/sq ft
Feb 10, 2014
Listed
$38,500
$51/sq ft
Public Records
Jul 31, 1986
Sold
$59,900
$79/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$958 (+0.6%)
$56,200
2022
$952 (+9.0%)
$50,600
2021
$873 (−3.2%)
$46,200
2020
$902 (+7.4%)
$46,200
2019
$840 (+8.7%)
$42,700
2018
$773 (+12.7%)
$39,300
2017
$686 (+4.4%)
$34,900
2016
$657 (+21.4%)
$33,400
2015
$541 (−14.5%)
$27,500
2014
$633 (−14.6%)
$32,100
2013
$741 (+6.5%)
$37,600
2012
$696 (−11.1%)
$35,100
2011
$783
$40,200
Public record
Public record
Zoning
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1985
Finished Sq. Ft.
760
Unfinished Sq. Ft.
—
Total Sq. Ft.
760
Year built
1910
Style
Condo/Co-op
County
Hampden County
APN
2578237
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
BUS C
Central Business District
Downtown with pedestrian amenities and high rise buildings with no setbacks. Mixed uses.