This investment property, located in the heart of Springfield, offers a compelling opportunity with a 10% cap rate. It features four well-maintained units: two 3-bedroom units and two 2-bedroom units, all fully lead certified. One of the 3-bedroom units has been recently updated with new flooring, a new furnace, and appliances. Additional improvements across the property include a new boiler, storm doors, flooring and appliances, ensuring the property remains in top condition and attractive to potential tenants and investors. Don't miss out on this exceptional investment opportunity and schedule your tour today!
Great Investment property. This property has 4 units. Two 3 bedroom apartments and two 2 bedroom apartments. A total of 10 bedrooms. Each unit has its own basement and backyard. With over $52,000 per year in annual income, this well maintained property is a buyer's dream..HIGHEST AND BEST BY WEDNESDAY 6PM
MLS PIN #72085279
Jan 17, 2017
Sold
$195,000
$44/sq ft
Oct 24, 2016
Listed
$200,000
$45/sq ft
+16
4 unit side-by-side apartment building- 2 units with two bedrooms and 2 units with three bedrooms. Individual utilities (paid by tenant), laundry hook-ups in the basement of each unit, Lead certs and replacement windows for all units. Building is part of a package of 3 buildings for a total of 12 units. To be sold as one package or each building separately
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.
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Year built
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Style
Single Family Residential
County
Hampden County
APN
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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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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
Parking Spaces: 6
Parking Features: Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 4
Interior Features
# of Rooms (Total): 18
Exterior
Building Information
Building Area (Total): 4,420
Foundation Details: Concrete Perimeter
Construction Materials: Frame, Brick
Stories (Total): 8
Year Built Source: Public Records
Year Built Details: Actual
Lead Paint: Certified Treated
Exterior Features
Roof: Shingle
Property Information
PropertySubType: 4 Family
Lot Information
Lot Size (Acres): 0.23
Lot Features: Corner Lot
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $5,200
Tax Year: 2023
Utilities
Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers
Location
Unit #1 Information
# of Levels: 2
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 2
# of Floors: 1
Lease: Y
Unit #3 Information
# of Levels: 2
# of Floors: 1
Lease: Y
Unit #4 Information
# of Levels: 2
# of Floors: 1
Lease: Y
Location Information
Directions: GPS
UnparsedAddress: 42-46 Baldwin St, Springfield MA 01104
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Hampden County
APN: —
Home facts updated by county records on Jul 25, 2025
Other
Listing Information
Exclusions: Tenant Belongings
StandardStatus: Closed
Around this home
Schools
Mary O Pottenger Elementary School
Public PreK-5 • Assigned • 0.2mi
2/10
The Springfield Renaissance School
Public 6-12 • Assigned • 0.6mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Springfield, MA • 01104
Average low and high temperatures (°F)
32
17
35
18
52
31
62
41
70
50
83
61
87
67
83
59
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
$593,000 – $718,000
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