446 Liberty Street, Springfield, MA 01104
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$474,900
5 Unit
6 Beds
5 Baths
6012 SQFT
0.16 Acre

Property Description

Attention Investors! Don't miss this rare opportunity to acquire an income-producing 5-unit multifamily property just minutes from Downtown Springfield! With an immediate rental income potential of $80K+ per year, this investment is ready to generate strong returns! This well-maintained property features 5 units, with 1 vacancy, plus another vacancy by mid April 2025—offering the perfect opportunity to place new tenants at market rent. Each unit is individually metered, with tenants responsible for their own utilities—minimizing your expenses and maximizing profitability. The property includes off-street parking in a private lot behind the building, offering added convenience for tenants. Secure this prime investment before it's gone!

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 9
  • Total Bedrooms: 6
  • Total Full Baths: 5
  • Amenities: Highway Access, Medical Facility, Park, Public Transportation
  • Common Rooms: Kitchen, Living Room

Financial

  • APOD Available: No
  • Expenses Source: Estimated
  • Gross Operating Income: 43200
  • Net Operating Income: 43200

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1902
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Concrete Block
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73348349
  • Last Updated: 04/10/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/10/2025Contingent$474,900$79MLSPIN
04/07/2025Active$474,900$79MLSPIN
04/03/2025Price Change$474,900$79MLSPIN
03/24/2025Active$499,900$83MLSPIN
03/20/2025New$499,900$83MLSPIN
09/12/2024Canceled$489,900$81MLSPIN
09/11/2024Active$489,900$81MLSPIN
09/07/2024Extended$489,900$81MLSPIN
05/28/2024Active$489,900$81MLSPIN
05/24/2024Back on Market$489,900$81MLSPIN
05/05/2024Under Agreement$489,900$81MLSPIN
04/21/2024Contingent$489,900$81MLSPIN
04/20/2024Active$489,900$81MLSPIN
04/16/2024New$489,900$81MLSPIN
02/04/2024Sold$320,000$53MLSPIN
11/01/2023Under Agreement$339,900$57MLSPIN
10/29/2023Active$339,900$57MLSPIN
10/25/2023Back on Market$339,900$57MLSPIN
10/11/2023Under Agreement$339,900$57MLSPIN
10/03/2023Active$339,900$57MLSPIN
09/29/2023New$339,900$57MLSPIN
08/17/2023Expired$369,900$62MLSPIN
07/27/2023Temporarily Withdrawn$369,900$62MLSPIN
07/22/2023Active$369,900$62MLSPIN
07/18/2023Back on Market$369,900$62MLSPIN
04/25/2023Under Agreement$369,900$62MLSPIN
04/11/2023Contingent$369,900$62MLSPIN
03/31/2023Active$369,900$62MLSPIN
03/27/2023Back on Market$369,900$62MLSPIN
03/16/2023Under Agreement$369,900$62MLSPIN
03/02/2023Contingent$369,900$62MLSPIN
02/24/2023Active$369,900$62MLSPIN
02/20/2023New$369,900$62MLSPIN
02/07/2023Canceled$369,900$62MLSPIN
01/01/2023Active$369,900$62MLSPIN
12/28/2022Back on Market$369,900$62MLSPIN
12/25/2022Under Agreement$369,900$62MLSPIN
12/15/2022Active$369,900$62MLSPIN
12/11/2022Price Change$369,900$62MLSPIN
08/06/2022Active$380,000$63MLSPIN
08/02/2022Price Change$380,000$63MLSPIN
07/03/2022Active$409,900$68MLSPIN
06/29/2022Price Change$409,900$68MLSPIN
06/15/2022Active$409,900$68MLSPIN
06/15/2022Active$419,900$70MLSPIN
06/11/2022Price Change$419,900$70MLSPIN
05/06/2022Active$425,000$71MLSPIN
05/06/2022Active$419,900$70MLSPIN

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Seller's Representative: The Madison Team, Lock and Key Realty Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2025-04-10 14:26:00

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