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181-187 Chestnut St, Springfield, MA 01103
About this home
Owner requesting all interested parties submit offers by Wednesday January 4, 2023 at 5pm. Once in a life-time investment opportunity! Own this amazing 11 Unit mixed-use commercial & residential building in the heart of Downtown Springfield, MA close to MGM Casino and 3 blocks from Union Station Transportation Center, the busiest Amtrak station in the State of Massachusetts outside of Boston and target location for the new high speed rail between Springfield & Boston. The brick building has recently been completely renovated and is a showpiece property in the City. Three story high, brick building with 3 fully rented store fronts and 8 (1) bedroom apartments with hardwood flooring. The building is fully sprinklered. All of the utilities are separate. The common areas have a mixture of wood, brick and beautiful lighting. The apartments are in great condition with open floor plan, high ceilings, oversized windows bringing in lots of natural light.Income and Expense Sheet is attached
Redfin Estimate
Market trends in 01103, MA
Last updated August 2026
0 MoM
Provided by Redfin
Sale history for 181-187 Chestnut St
$83/sq ft
$86/sq ft
$86/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
- Public record
- Zoning
BUS C
Central Business District
Downtown with pedestrian amenities and high rise buildings with no setbacks. Mixed uses.Include but are not limited to:
- Agriculture
- Garden center
- Housing-Senior
- Housing-Other
- Park & open space
Property details
Parking
- Parking Information
- Has Open Parking
- Parking Spaces: 6
- Parking Features: Paved Drive, Off Street
Interior
- Bathroom Information
- # of Bathrooms (Full): 11
- Basement Information
- Basement: Full
- Interior Features
- # of Rooms (Total): 27
- Flooring: Tile, Hardwood
- Unit #1 Information
- # of Levels: 1
- # of Floors: 1
- Lease: Y
- Unit #2 Information
- # of Levels: 1
- # of Floors: 1
- Lease: Y
- Unit #4 Information
- # of Levels: 1
- # of Floors: 2
Exterior
- Building Information
- Building Area (Total): 11,628
- Foundation Details: Brick/Mortar
- Construction Materials: Brick
- Stories (Total): 3
- Year Built Source: Public Records
- Year Built Details: Approximate,Renovated Since
- Color: Brick
- Exterior Features
- Roof: Rubber
- Patio And Porch Features: Deck
- Property Information
- PropertySubType: 5-9 Family
- Lot Information
- Lot Size (Acres): 0.12
- Lot Features: Corner Lot
- Road Frontage Type: Public
Financial
- Tax Information
- Tax Annual Amount: $11,197.90
- Tax Year: 2022
Utilities
- Utility Information
- Sewer: Public Sewer
- Water Source: Public
- Electric: Circuit Breakers
Location
- Location Information
- Directions: On Chestnut St between Worthington St & Taylor Sts In the heart of Downtown Springfield MA near MGM!
- UnparsedAddress: 181-187 Chestnut St, Springfield MA 01103
- Community Information
- Senior CommunityYN: No
- Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Private School, T-Station, University
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (5+ Unit)
- Year Built: —
- Year Renovated: —
- County: Hampden County
- APN: S:02750 P:0513,2578178
Other
- Listing Information
- StandardStatus: Closed
Around this home
Schools
Public 1-5 • Assigned • 0.9mi
Public PreK-8 • Assigned • 1.0mi
Public 9-12 • Assigned • 0.6mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Estimated 18-26% chance of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 98° expected this year, 17 days in 30 years
26% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
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.
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