$1,725,000
236-240 Locust St
Springfield, MA, 01108
236-240 Locust St contains sixteen (16) total units comprised of eight (8) 2-Bedroom/1-Bathroom units and eight (8) 1-Bedroom/1-Bathroom units with 12,989 square feet of gross living area in 16,207 square feet of gross area. The Property is situated upon a 0.23-acre parcel and features on-street parking. The Property is well-positioned in the urban core of Springfield, offering strong access to the city’s downtown business district, neighborhood retail corridors, and surrounding residential neighborhoods. Tenants are responsible for electricity, while the Landlord is responsible for gas powered heat & hot water and city water & sewer. Recent capital improvements include an upgraded boiler and hot water system from 2025, adding to the durability and long term value of the asset. The opportunity exists to acquire a well maintained asset with recently upgraded utilities in the densely populated Springfield market.
Property Details
Price:
$1,725,000
MLS #:
73495011
Status:
Active
Beds:
24
Baths:
16
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
Apr 1, 2026
Finished Sq Ft:
12,989
Total Sq Ft:
12,989
Lot Size:
10,018 sqft / 0.23 acres (approx)
Year Built:
1924
Units:
16
Schools
Interior
Above Grade Finished Area
12989
Bathrooms
16 Full Bathrooms
Heating
Natural Gas
Levels
5
Exterior
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University, Other
Lot Features
Other
Open Parking YN
1
Parking Features
On Street
Roof
Rubber
Stories
5
Financial
Tax Year
2026
Taxes
$21,078
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 Multi Family in Springfield as of May 05, 2026
103
Multi Family Listed
126
Avg DOM
151
Avg $ / SqFt
$504,901
Avg List Price
Community
- Address236-240 Locust St Springfield MA
- CitySpringfield
- CountyHampden
- Zip Code01108
Subdivisions in Springfield
Similar Listings Nearby
Property Summary
- 236-240 Locust St Springfield MA is a Multi Family for sale in Springfield, MA, 01108. It is listed for $1,725,000 To schedule a showing of MLS#73495011 at 236-240 Locust St in Springfield, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Horvath & Tremblay. 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.
236-240 Locust St
Springfield, MA