Listing Tools

Excellent investment opportunity! This fully rented two-family property offers immediate rental income with leased tenants already in place. The current total monthly rental income is $4,800. The property features a low-maintenance yard, making upkeep simple and cost-effective. An added bonus is the potential to create a third-floor unit, subject to obtaining the necessary city permits and approvals, providing an opportunity to increase future cash flow. Whether you're looking to expand your investment portfolio or secure an income-producing property, this is one you won't want to miss.

More Info

Basic Information

  • Gross Income $48,000
  • Listing Terms Contract
  • Lot Features Level
  • Mls StatusActive
  • Parcel Number S:08760 P:0001,2596225
  • Rent Includes Unit 1(Water, Other (See Remarks)), Unit 2(Water, Other (See Remarks))
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $288,600
  • Tax Year 2025
  • Taxes$4,525

School Information

  • Elementary SchoolPer Board Of Ed
  • High SchoolBoard of Education
  • High School Per Board Of Ed
  • Junior HighPer Board Of Ed

Parking

  • Parking Spaces

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms6
  • Full Bath2

Basic Information

  • List Price$440,000
  • MLS Number73548440
  • Modification Date07/20/2026
  • Property SubTypeMulti Family

Location

  • Address10 Monroe Street
  • Building Number10
  • CountyHampden
  • StateMA
  • StreetMonroe Street
  • TownSpringfield
  • Zip01109

Building

  • BasementFull, Interior Entry, Concrete
  • Building Area Units Square Feet
  • FoundationConcrete Perimeter, Brick/Mortar, Other
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms10
  • Stories3
  • Units2
  • Utilities For Gas Range, For Electric Dryer, Washer Hookup
  • Year Built1910
  • Year Built Details Renovated Since
  • Year Built Source Public Records

Property

  • Acreage0.04

Interior

  • Flooring Wood, Tile, Vinyl / VCT
  • Interior Features Living Room, Kitchen

Exterior

  • Exterior Features Balcony
  • RoofShingle

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Forced Air, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 1,910
  • Lot Size Square Feet 1,808
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet1,910

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • University
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Legal

  • ZoningB1

Other

  • Date Listed07/12/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Nicole Flamand of HB Real Estate,LLC

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Castles Unlimited. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.