10 Monroe St, Springfield, MA 01109
View Map
$440,000
2 Unit
6 Beds
2 Baths
1910 SQFT
0.04 Acre

Property Description

Excellent investment opportunity! This fully rented two-family property offers immediate rental income with leased tenants already in place. The property features a low-maintenance yard, making upkeep simple and cost-effective. An added bonus is the potential to create a third-floor unit, subject to obtaining the necessary city permits and approvals, providing an opportunity to increase future cash flow. Whether you're looking to expand your investment portfolio or secure a income-producing property, this is one you won't want to miss.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, University
  • Basement Features: Concrete Floor, Full, Interior Access
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Range, Refrigerator, Washer Hookup
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: No
  • Expenses Source: Not Available
  • Gross Operating Income: 48000
  • Net Operating Income: 48000

Utilities

  • Heat Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: Washer Hookup, for Electric Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Other (See Remarks), Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Other (See Remarks), Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1910
  • Foundation Info: Brick, Other (See Remarks), Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl / VCT, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73548440
  • Last Updated: 07/16/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/16/2026Active$440,000$230MLSPIN
07/12/2026New$440,000$230MLSPIN
08/10/2025Sold$385,000$202MLSPIN
07/12/2025Under Agreement$370,000$194MLSPIN
06/28/2025Contingent$370,000$194MLSPIN
06/25/2025New$370,000$194MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Nicole Flamand, HB Real Estate, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2026 MLS Property Information Network, Inc.. All rights reserved.

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 2026-07-16 03:05:00

Related Properties