44-46 Washington St, Springfield, MA 01108
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$499,900
3 Unit
9 Beds
3 Baths
3832 SQFT
0.12 Acre

Property Description

Here’s your chance to own a solid 3-family home in one of Springfield’s most desirable rental markets – Forest Park! Whether you're looking to live mortgage-free or expand your investment portfolio, this property checks all the boxes.Featuring three spacious 3-bedroom, 1-bath units, the first floor has been completely renovated and is move-in ready—perfect for an owner-occupant or premium rent potential. The second and third floors are occupied by excellent long-term tenants with guaranteed rent, providing immediate cash flow.Enjoy a blend of classic charm and modern upgrades with original hardwood floors, newer luxury vinyl plank flooring, updated plumbing, and newer windows (APO). With nearly 4,000 sq ft of living space, off-street parking for 4 vehicles, and public water/sewer, this property is as practical as it is profitable. Live in one unit and let the other two pay your mortgage!Prime location for tenants—strong rental demand year-roundTurnkey opportunity!

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Park, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, Walk/Jog Trails
  • Basement Features: Full
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Pantry
  • Common Appliances: Range, Refrigerator
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: No
  • Gross Operating Income: 34020
  • Net Operating Income: 34020

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: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1914
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Vinyl, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73392513
  • Last Updated: 07/15/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/15/2025Contingent$499,900$130MLSPIN
06/30/2025Active$499,900$130MLSPIN
06/26/2025New$499,900$130MLSPIN

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Seller's Representative: Raquel Medina, 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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MLS PIN data last updated at 2025-07-15 17:50:00

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