38-40 Webster Street

Springfield, MA 01104

$299,900
Price
8
Beds
2
Baths
2,722 Sq. Ft.
$110 / Sq. Ft.
2,722
Sq. Ft.
$110
per Sq. Ft.

Description

Investors take notice Prime investment opportunity in the desirable Liberty Heights neighborhood of Springfield! This spacious 2-family home boasts two 8-bedroom units, offering tremendous potential for high rental income. Each unit is equipped with separate utilities and currently has month-to-month tenants, ensuring immediate cash flow. With large living spaces, hardwood floors, updated kitchens, and plenty of storage, this property is perfect for investors seeking long-term value. Off-street parking...Investors take notice Prime investment opportunity in the desirable Liberty Heights neighborhood of Springfield! This spacious 2-family home boasts two 8-bedroom units, offering tremendous potential for high rental income. Each unit is equipped with separate utilities and currently has month-to-month tenants, ensuring immediate cash flow. With large living spaces, hardwood floors, updated kitchens, and plenty of storage, this property is perfect for investors seeking long-term value. Off-street parking and a sizable backyard enhance the property’s appeal. Conveniently located near major highways, public transit, shopping, and schools. A great opportunity to add a high-income property to your portfolio—schedule a showing today!
  1. Listed by Allen Murray • Home Equity Assets Realty, LLC

Property Details for 38-40 Webster Street

Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Parking Spaces
4.00
Parking Spaces Total
4
LISTING UPDATED: 02/03/2025 01:26 PM

Property Details for 38-40 Webster Street

StatusActive
MLS #73323192
Days on Market29
Taxes$3,646 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1901
CountyHampden County

Building Information for 38-40 Webster Street

Stories3Residences2Year Built1901Building Size-Lot Size0.11 AC / 4,992 SF

Property Information for 38-40 Webster Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Park, Medical Facility, Highway Access, Other (See Remarks)
  • Living Area: 2722.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Other
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: S:12090 P:0009,2611101
  • Assessments: $227,000
  • Book: 24721
  • Tax Year: 2024
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Other
Income / Expenses
  • GOI: $45,600.00
  • NOI: $45,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $3,800.00

Property History for 38-40 Webster Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 38-40 Webster Street

Taxable ValueLand$30,000Additions$197,000Total$227,000
Tax Record2024$3,646 ($304 / month)
Home Facts
Baths2Total Finished SqFt2,722 SqFtAbove Grade Finished SqFt2,722 SqFtStories2Lot Size4,992 SqFtStyleDuplexYear Built1901Year Renovated2010ZoningR2CountyHAMPDENAPNSPRI S:12090 P:0009

Schools near 38-40 Webster Street

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mary M Walsh School
PublicPK to 5

High School/Science-Tech
Public9 to 12

Putnam Vocational Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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38-40 Webster Street is a multi-family home for sale in Springfield, MA 01104. This property was listed for sale on January 5, 2025 by Home Equity Assets Realty, LLC, it's currently listed at $299,900. It has been on the market for a total of 29 days and was last sold on January 4, 2011. This listing's school district is Springfield School District. Nearby schools include Mary M Walsh School, Chestnut Accelerated Middle School (Talented And Gifted) and High School/Science-Tech. 38-40 Webster Street is a 8-bed, 2-bath, 2,722 sqft multi-family home built in 1901.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Home Equity Assets Realty, LLC, Allen Murray

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.