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INVESTMENT OPPORTUNITY WITH ADDITIONAL DEVELOPMENT POTENTIAL! This 12-unit multifamily property offers strong income potential in a convenient Springfield location. Major improvements completed in 2025 and 2026 include a NEW ROOF and NEW HEATING SYSTEM. Excellent opportunity at 40 Warriner Ave in Springfield! This property is being offered together with the adjacent lot, creating exciting possibilities for investors and developers. Per a recent conversation with the City of Springfield Zoning Department, the adjacent lot may have the potential to accommodate a new three-family residential building. Zoning also indicated that the existing parking arrangement for 40 Warriner Ave is grandfathered and that the adjacent lot is not required to serve as parking for the existing building. This presents a unique opportunity to own an existing property along with additional land that may offer future development potential.Buyer and buyer's agent to perform their own due diligence and verify all zoning, building requirements, permitting, and development possibilities with the City of Springfield.

More Info

Basic Information

  • Gross Income $208,800
  • Lot Features Corner Lot
  • Mls StatusActive
  • Parcel Number 2610810

Tax Information

  • Tax Assessed Value $1,042,900
  • Tax Year 2025
  • Taxes$13,817

Parking

  • Parking Features Off Street
  • Parking Spaces

Rooms

  • Bathroom12
  • Bathrooms Total Decimal 12
  • Bedrooms12
  • Full Bath12

Basic Information

  • List Price$1,650,000
  • MLS Number73571198
  • Modification Date10/26/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address40 Warriner Avenue
  • Building Number40
  • CountyHampden
  • StateMA
  • StreetWarriner Avenue
  • TownSpringfield
  • Zip01108

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationBrick/Mortar
  • Levels 4
  • Rooms22
  • Stories4
  • Units12
  • Year Built1913
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.16

Utilities

  • Electric Individually Metered
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 13,755
  • Lot Size Square Feet 7,000
  • Lot Size Units Acres
  • Square Feet13,755

Amenities

  • AmenitiesPublic Transportation, Shopping, Highway Access, Public School
  • Other AmenitiesBasement

Legal

  • ZoningR3

Other

  • Date Listed09/02/2026
  • Farm Land Area Units Square Feet
  • View Count20

Map Location

Driving Directions

Listed by Cassandra Swaby of Berkshire Hathaway HomeServices Realty Professionals

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