AVAILABLE AGAIN. Previous buyer wasn't able to secure closing cost funds. This beautifully refreshed 3-family home is a rare find, offering immediate occupancy for investors or owner-occupants looking to generate rental income. Completely vacant and move-in ready, this property boasts three spacious units, each thoughtfully designed for comfort and convenience.1st and 2nd floor units, each features 3 generously sized bedrooms, a full bath, a spacious living room and kitchen. 3rd floor features 2 bedrooms, bath, living room and kitchen. Freshly painted and ready to be occupied. All three units come with newly installed, high-quality stainless steel refrigerators and stoves. With no tenants in place, you have the flexibility to rent at market value. This home is perfect for investors looking to maximize rental potential or buyers who want to offset their mortgage with rental income.
Looking for a lucrative Investment property? Attention prospective investors looking for a project! This is a compelling opportunity . We highly recommend this property. 2 Bedrooms in each unit, 2 heating systems (FHW by Gas) .Property will not qualify for FHA financing . Third floor needs work. Easy access to Route 91 and 291. Close to Mercy Medical Center, Springfield Medical Center , Springfield Technical Community College . Near Western New England University and Springfield College. Property is completely and conveniently vacant.
Year
Property tax
Land + Additions
Assessment*
2023
$3,966 (+9.5%)
$28,400 + $204,200
$232,600
2022
$3,623 (+6.7%)
$26,500 + $166,000
$192,500
2021
$3,396 (+1.0%)
$24,100 + $155,600
$179,700
2020
$3,363 (+10.0%)
$24,100 + $148,100
$172,200
2019
$3,058 (−3.8%)
$24,100 + $131,300
$155,400
2018
$3,180 (+6.9%)
$24,100 + $137,500
$161,600
2017
$2,975 (+10.5%)
$25,600 + $125,700
$151,300
2016
$2,693 (−0.4%)
$25,600 + $111,400
$137,000
2015
$2,705 (+1.5%)
$25,600 + $111,900
$137,500
2014
$2,665 (+4.7%)
$27,200 + $108,000
$135,200
2013
$2,545 (−7.2%)
$27,200 + $101,900
$129,100
2012
$2,741 (−11.3%)
$30,300 + $107,900
$138,200
2011
$3,091
$34,100 + $124,500
$158,600
Tax history for 171 Massasoit St
Year
Property tax
Land + Additions
Assessment*
2023
$3,966 (+9.5%)
$28,400 + $204,200
$232,600
2022
$3,623 (+6.7%)
$26,500 + $166,000
$192,500
2021
$3,396 (+1.0%)
$24,100 + $155,600
$179,700
2020
$3,363 (+10.0%)
$24,100 + $148,100
$172,200
2019
$3,058 (−3.8%)
$24,100 + $131,300
$155,400
2018
$3,180 (+6.9%)
$24,100 + $137,500
$161,600
2017
$2,975 (+10.5%)
$25,600 + $125,700
$151,300
2016
$2,693 (−0.4%)
$25,600 + $111,400
$137,000
2015
$2,705 (+1.5%)
$25,600 + $111,900
$137,500
2014
$2,665 (+4.7%)
$27,200 + $108,000
$135,200
2013
$2,545 (−7.2%)
$27,200 + $101,900
$129,100
2012
$2,741 (−11.3%)
$30,300 + $107,900
$138,200
2011
$3,091
$34,100 + $124,500
$158,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
6,534 Sq. Ft.
Year renovated
—
Sq. Ft.
3,312
Year built
1914
Style
Multi-Family (2-4 Unit)
County
Hampden County
APN
2594827
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
RES B
Urban Residential District
Medium density residential, primarily single-family and twofamily
Permitted uses
Include but are not limited to:
Agriculture
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Other
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 3
Parking Features: Paved Drive, Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 3
Basement Information
Basement: Full
Interior Features
# of Rooms (Total): 14
Flooring: Vinyl
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 3
# of Floors: 3
Lease: N
Exterior
Building Information
Building Area (Total): 3,312
Foundation Details: Brick/Mortar
Construction Materials: Brick
Stories (Total): 6
Year Built Source: Owner
Year Built Details: Unknown/Mixed
Exterior Features
Patio And Porch Features: Porch
Property Information
PropertySubType: 3 Family
Lot Information
Lot Size (Acres): 0.15
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $4,563
Tax Year: 2024
Utilities
Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: use GPS
UnparsedAddress: 171 Massasoit St, Springfield MA 01107
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Laundromat, House of Worship, Public School
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 3,312
Stories: 3.0
Lot Size: 6,534 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1914
Year Renovated: —
County: Hampden County
APN: 2594827
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Lincoln Elementary School
Public PreK-5 • Assigned • 0.6mi
2/10
Springfield Public Day Middle School
Public 6-8 • Assigned • 0.3mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 99° expected this year, 16 days in 30 years
5/10 Wind Factor
26% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Springfield, MA • 01107
Average low and high temperatures (°F)
32
18
35
19
52
31
63
41
71
50
83
61
88
67
82
61
77
55
66
44
52
34
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$488,000 – $591,000
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