$115,000
140 Chestnut St # 319
Springfield, MA, 01103
Investor Alert! Rarely can you purchase a cash-flow-focused condo for under $125,000 in today’s market. This investor-friendly property offers no long-term rental restrictions, giving you the flexibility to maximize your investment strategy. Well-suited for Section 8, HomeBASE, and other voucher programs, it provides access to a strong and consistent tenant pool. The HOA includes heat, hot water, Wi-Fi, seasonal A/C, water, trash, and common area maintenance, helping keep operating expenses low and cash flow strong. Ideally located in downtown Springfield near MGM, Union Station, major hospitals, restaurants, and highways, the property benefits from consistent rental demand. Whether you’re a first-time investor or an experienced buyer looking to expand your portfolio, this is an affordable opportunity to secure a high-potential, income-producing asset.
Property Details
Price:
$115,000
MLS #:
73549986
Status:
Active
Beds:
2
Baths:
1
Type:
Condo
Subtype:
Condominium
Listed Date:
Jul 15, 2026
Finished Sq Ft:
760
Total Sq Ft:
760
Year Built:
1910
Schools
Interior
Above Grade Finished Area
760
Appliances
Range, Dishwasher, Microwave, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Vinyl
Heating
Central
Laundry Features
First Floor
Exterior
Association Amenities
Hot Water, Laundry, Elevator(s)
Attached Garage YN
1
Community Features
Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
Parking Features
Under, Heated Garage, Off Street, Rented
Stories
1
Financial
HOA Fee
$726
HOA Includes
Heat, Water, Security, Snow Removal, Trash
Tax Year
2025
Taxes
$1,232
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Condo in Springfield as of Jul 18, 2026
33
Condo Listed
63
Avg DOM
195
Avg $ / SqFt
$185,576
Avg List Price
Community
- Address140 Chestnut St # 319 Springfield MA
- CitySpringfield
- CountyHampden
- Zip Code01103
Subdivisions in Springfield
Similar Listings Nearby
Property Summary
- 140 Chestnut St # 319 Springfield MA is a Condo for sale in Springfield, MA, 01103. It is listed for $115,000 and features 2 beds, 1 baths, and has approximately 760 square feet of living space, and was originally constructed in 1910. The current price per square foot is $151. The average price per square foot for Condo listings in Springfield is $195. The average listing price for Condo in Springfield is $185,576. To schedule a showing of MLS#73549986 at 140 Chestnut St # 319 in Springfield, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of William Raveis Team 413. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors 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.
140 Chestnut St # 319
Springfield, MA