Multi-Family for Sale: 240 Franklin St, Springfield, MA 01104

6 beds
2 full baths
3,136 sqft
$300,000
$300,000
240 Franklin St, Springfield, MA 01104
6 beds
2 full baths
3,136 sqft
$300,000
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Price:
$300,000

Type Multi-Family
Beds 6
Total Baths 2 full baths
Square Feet 3,136 sqft
Lot Size 0.11 acres
Year Built 1880

City Springfield
County Hampden

MLS 73320656
Status Active
DOM 10 days
Maximize your portfolio with 240 Franklin St, Springfield—a fully occupied 2-family property generating $36,000 annually. Both units feature 3 bedrooms, 1 bath, and a spacious 5-room layout, offering an attractive option for tenants and a steady income stream for investors.With over 3,100 sq ft of total living space, this property is designed for hassle-free ownership, featuring low-maintenance construction and reliable city utilities. Its convenient location near amenities and major routes ensures consistent tenant demand and long-term profitability.This is your chance to own a proven income-generating asset. Don’t wait—schedule your private showing today!

Lot & Building Features

Sewer Public Sewer
Tax Year 2024
Taxes Paid $3,859
Water Public
Foundation Brick/Mortar
Full Baths 2
Total Rooms 10
Garage Spaces 0

Price History of 240 Franklin St, Springfield, MA

Date Name Price Difference
12/18/2024 Listing Price $300,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$212,000
$71 / sqft
Average
$330,800
$107 / sqft
High
$390,000
$117 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Springfield 01104 6 2.0 $300,000 3,136 $96 N/A
25 Huntington St Springfield 01107 6 3.0 $320,000 3,093 $103 02/13/2024
605 Plainfield St Springfield 01107 7 3.0 $365,000 2,965 $123 12/23/2023
38 Acushnet Ave Springfield 01105 6 3.0 $212,000 2,988 $71 01/22/2024
20-22 Rutledge Ave Springfield 01105 6 3.0 $350,000 3,059 $114 02/15/2024
249 Oak Grove Ave Springfield 01109 6 2.0 $365,000 3,074 $119 04/29/2024
123 Casino Ave Chicopee 01013 6 3.0 $365,000 3,053 $120 05/24/2024
50-52 Windsor St Springfield 01105 6 3.0 $300,000 3,109 $96 09/10/2024
74-76 Noel Street Springfield 01108 6 2.5 $375,000 3,052 $123 08/09/2024
171 Massasoit Springfield 01107 6 3.0 $285,000 3,312 $86 10/10/2024
80 Florida St Springfield 01109 5 3.0 $350,000 3,058 $114 08/26/2024
32-34 Clarendon St Springfield 01109 5 2.0 $320,000 3,126 $102 12/09/2024
154 Cambridge St Springfield 01109 6 3.0 $390,000 3,328 $117 11/20/2024
26-28 Wendell Pl Springfield 01105 6 2.0 $235,000 3,052 $77 09/27/2024
57-59 Leyfred Ter Springfield 01108 5 3.0 $355,000 2,966 $120 09/10/2024
1614 Dwight St Springfield 01107 7 2.0 $375,000 3,012 $125 10/29/2024

Map of 240 Franklin St, Springfield, MA

Location Map Street View
Photo of Kevin Garrabrant
Direct: 603-333-3353
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by Keller Williams Realty, Lucy Cordero
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240 Franklin St (MLS #73320656) is a multi-family listing located in Springfield, MA. This multi-family listing is 3,136 sqft and on a lot of 5,001 sqft (or 0.11 acres) with 6 bedrooms, 2 baths and is 144 years old. This property was listed on 12/18/2024 and has been priced for sale at $300,000.

The 6 bedroom multi-family listing at 171 Massasoit in Springfield is nearby and sold for $285,000 on 10/10/2024. Another nearby 7 bedroom multi-family listing, 1614 Dwight St in Springfield sold for $375,000 on 10/29/2024.

Nearby zip codes are 01101, 01103, 01105, 01107 and 01109. This property neighbors other cities such as Agawam, Chicopee, Longmeadow and West Springfield.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Keller Williams Realty

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.