10 Monroe St, Springfield, MA 01109

  • Active
  • Price Reduced$10,000

 $420,000

  • 6 BedroomBedrooms
  • 2 BathroomBathrooms
  • 1,480 Sq.Ft.
  • Multi-Family
  • Active
  • MLS# 73548440
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

PROPERTY DESCRIPTION

Add a strong income-producing property to your portfolio with this two-family home, currently generating $4,800 in total monthly rental income. Leased tenants are in place, with the second-floor unit scheduled to be vacant at the end of October, offering added flexibility for an owner-occupant or investor looking to secure a new tenant at market rent. The low-maintenance yard helps keep upkeep simple and costs manageable. Looking to maximize your return? There is potential to explore the addition of a third-floor unit, subject to obtaining the necessary city permits, approvals, and meeting applicable building requirements.Whether you're an experienced investor looking to expand your portfolio or just getting started in real estate investing, this property offers current rental income and exciting possibilities for future growth. Don't miss this opportunity to invest in your future!

Property Details

General

  • County: Hampden
  • Acreage: 0.04
  • Beds: 6
  • Full Bathrooms: 2
  • Year Built: 1910
  • Sq. Ft.: 1,480
  • Lot Description: Level
  • Garage/Parking Spaces: 0.00

Interior Features

  • Interior Features: Living Room, Kitchen

Schools

  • Elementary: Per Board Of Ed
  • Middle: Per Board Of Ed
  • High: Per Board Of Ed

Financial Considerations

  • Tax Amount: $4,525
  • Tax Year: 2025

Activity

  • Days On Market: 106
  • List Date: 07/12/2026
 

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