SZ INC.Realty
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For Sale

120-122 Central St, Springfield MA 01105

Springfield, MA 01105

$2M
23 BD · 16 BA · 11,260 sf · 0.27 ac · Built 1927
Request a Private ShowingEnquire by phone · +1 212 920 6260
The residence

120–122 Central Street presents a rare opportunity to acquire a 16-unit asset in a prime Springfield location, just minutes from the Naismith Memorial Basketball Hall of Fame and MGM Springfield. Perfect for a 1031 exchange this property features a strong unit mix of (7) two-bedroom apartments and (9) one-bedroom apartments, catering to a wide tenant base.With gross rents exceeding $22,000 per month, this building offers immediate cash flow and solid investment performance. All 16 units have lead certificates, providing added compliance and peace of mind for ownership.Positioned in a high-demand rental area with close proximity to major attractions, employment centers, and amenities, with a large off street parking lot this is a turnkey opportunity for investors looking to scale their portfolio with a stabilized, income-producing asset.

At a glance
Property type
5+ Family - 5+ Units Up/Down
Status
Active
Year built
1927
Lot size
0.27 acres
Living area
11,260 sf
MLS#
6846bee690bbcfafe56888ea43a9acb2
Beds · Baths
23 · 16
Location

Springfield, MA.

Springfield sits on the Connecticut River at the centre of the Pioneer Valley, a city of nineteenth-century industry and civic architecture. Forest Park, the Quadrangle museums and the riverfront anchor daily life, with Hartford and the Berkshires each about an hour out.

Estimated Monthly Payment+
$10K/mo
Approximate · principal & interest only
Display Currency
$2M

Indicative conversion — settlement always in USD.

Private Showing

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Listing courtesy of Lock and Key Realty Inc. · MLSPIN

MLS Property Information Network.The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listings updated Oct 16, 2026

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