201-203 College St, Springfield MA 01109

Springfield, MA 01109

$450K

6 BD · 3 BA · 3,212 sf · 0.11 ac · Built 1916

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The residence

Excellent investment opportunity with this legal three-family property, tenanted by the same reliable non-profit for the past four years. Fully remodeled in 2022 with updated cabinets, refinished flooring, and renovated bathrooms, this property also features major updates including a new roof (2024), new furnace and water heaters (2021), new doors, new insulation (2022), electrical panels (2021), and a rebuilt porch (2024).Please note that photography reflects the property's condition following its 2022 renovation & previous staging; minor cosmetic wear commensurate with ongoing tenancy may be observed in person. On-site parking and a two-car garage abut a nicely sized, fenced-in yard, providing tenants with green space while maintaining low maintenance for investors. Strong rental demand and solid proximity to local institutions make this an ideal income-producing asset. Group showings scheduled for next week with advance notice.

At a glance

Property type: 3 Family - 3 Units Up/Down
Status: Active
Year built: 1916
Lot size: 0.11 acres
Living area: 3,212 sf
MLS#: 5a8dcf3dba630d8eadcd4ee4aef36b83
Beds · Baths: 6 · 3

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+

$2K/mo

Approximate · principal & interest only

Down payment · 25%Interest rate · 6.75%Term · 30 years

Display Currency

$450K

Indicative conversion — settlement always in USD.

Private Showing

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Listing courtesy of Alex Anthony R.E. · 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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