Discover your next lucrative investment opportunity! This charming 2-family home comes with an additional unit in the basement, offering endless potential. The first-floor unit will be delivered vacant, making it ideal for owner-occupancy or to rent at current market value. With plenty of off-street parking, convenience is guaranteed. The beautifully updated first-floor unit is move-in ready, offering a modern and comfortable living space. Don't miss out on this fantastic opportunity to own a versatile property with excellent rental potential!
Multi-familyProperty Type
1922Year Built
6,761 sq ftLot Size
$179Est. Price/Sq.Ft.
6 spacesParking
Listed by New Homes Realty Group• Gallagher Real Estate
WOW! *** CALLING all Investors !!! Great opportunity to own a nice two family home ready with "Related" tenants who take pride in their surroundings and are happy to stay for the new owner. Come look at this great TURN KEY operation! Three Bedrooms, 1 Bath each floor - and lots of space. Enclosed porches. Extra sink and half bath in basement. Overall great shape ---not much to do here but collect the rents! Separate GAS heat and electric. Off street parking. Lots of opportunity and possibilities! GREAT 2 Unit-- ready for new owners! Also possible owner occupied status if desired. Close to highways, shopping Restaurants and Local Park. Please call ahead to arrange showing times.
MLS PIN #30146148
Aug 1, 1997
Sold
$61,000
$24/sq ft
Feb 3, 1997
Listed
$65,900
$26/sq ft
GREAT OPPORTUNITY FOR OWNER OCCUPANT OR INVETOR IN THIS 2FAM 6+6 + TONS OF UPDATING,INCLUDING HEAT & ELEC.VINYL SIDING, REMODELED KIT.& BATH IN 1ST UNIT,FENCED YARD,REC RM IN BSMNT PLUS KIT & LAV!EXC:CHANDELIER 1ST FLRS. ALL APPTS.THRU L.O.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
—
Year built
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Style
Multi-Family (2-4 Unit)
County
Hampden County
APN
S:10075 P:0007,2603079
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 25, 2025.
RES C
High Density Residential District
Multi-family residential
Permitted uses
Include but are not limited to:
Agriculture
Garden center
Housing-Senior
Housing-Other
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 6
Parking Features: Paved Drive
Interior
Bathroom Information
# of Bathrooms (Full): 3
# of Bathrooms (Half): 1
Basement Information
Basement: Full
Interior Features
# of Rooms (Total): 14
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #3 Information
Lease: N
Exterior
Building Information
Building Area (Total): 2,535
Foundation Details: Concrete Perimeter
Stories (Total): 2
Year Built Source: Public Records
Year Built Details: Actual
Property Information
PropertySubType: Multi Family
Lot Information
Lot Size (Acres): 0.16
Financial
Tax Information
Tax Annual Amount: $4,646
Tax Year: 2024
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: GPS Friendly
UnparsedAddress: 40-42 Ranney St, Springfield MA 01108
Community Information
Senior CommunityYN: No
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Hampden County
APN: S:10075 P:0007,2603079
Home facts updated by county records on Jul 25, 2025
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
White Street School
Public PreK-5 • Assigned • 0.3mi
7/10
Forest Park Middle School
Public 6-8 • Assigned • 0.5mi
3/10
Springfield High School
Public 9-12 • Assigned • 0.2mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Springfield, MA • 01108
Average low and high temperatures (°F)
32
18
35
19
52
32
62
41
70
51
82
61
87
67
82
59
76
56
66
44
52
35
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
$431,000 – $522,000
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