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You are here:
Home Massachusetts Springfield Multi-Family Homes for Sale

240 Franklin St Springfield, MA 01104

NEW
2 Photos
$300,000
2 Unit
6 Beds
2 Baths
3136 SQFT
0.11 Acre
240 Franklin St
Springfield, MA 01104

Property Description

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!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 2

Financial

  • APOD Available: No
  • Gross Operating Income: 36000
  • Net Operating Income: 36000

Utilities

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

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1880
  • Foundation Info: Brick
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73320656
  • Last Updated: 12/18/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
12/18/2024New$300,000$96MLSPIN
11/16/2023Expired$275,000$88MLSPIN
09/02/2023Temporarily Withdrawn$275,000$88MLSPIN
07/10/2023Active$275,000$88MLSPIN
07/06/2023Price Change$275,000$88MLSPIN
06/29/2023Temporarily Withdrawn$300,000$96MLSPIN
06/26/2023Price Change$300,000$96MLSPIN
06/24/2023Back on Market$289,900$92MLSPIN
06/20/2023Under Agreement$289,900$92MLSPIN
06/06/2023Contingent$289,900$92MLSPIN
06/05/2023Active$289,900$92MLSPIN
06/01/2023Back on Market$289,900$92MLSPIN
05/21/2023Contingent$289,900$92MLSPIN
05/20/2023Active$289,900$92MLSPIN
05/16/2023New$289,900$92MLSPIN

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View Breakdown

Map & Resources

Springfield Conservatory of the Arts

School

0.18mi

Libertas Academy Charter School

Charter School, Grades: 6-11

0.47mi

Springfield Technical Community College

University

0.48mi

North Star Academy School

School

0.52mi

Springfield Public Day Elementary School

Public Elementary School, Grades: PK-5

0.6mi

The Springfield Virtual School

Public School, Grades: PK-12

0.61mi

Edward P. Boland School

Public Elementary School, Grades: PK-5

0.62mi

Cambridge College Springfield

University

0.64mi

Deweys

Bar

0.51mi

Smith's Billiards

Bar

0.54mi

White Lion Brewery

Bar

0.63mi

Commonwealth Bar and Lounge

Bar

0.88mi

Knox Bar

Bar

0.9mi

TAP Sports Bar

Bar

0.94mi

The Plaza Bar

Bar

0.98mi

Mocha Emporium

Cafe

0.55mi

Dakin Humane Society

Animal Shelter

0.96mi

Mercy Medical Center

Hospital

0.12mi

Shriners Hospitals for Children - Springfield

Hospital. Speciality: Paediatric Orthopaedics

0.56mi

Baystate Medical Center

Hospital

0.7mi

Vibra Hospital of Western Massachusetts

Hospital

2.27mi

Springfield Fire Department

Fire Station

0.39mi

Springfield Fire Department

Fire Station

0.76mi

Springfield Fire Department

Fire Station

1.49mi

West Springfield Fire Department

Fire Station

1.7mi

Lyman and Merrie Wood Museum of Springfield History

Museum

0.56mi

Springfield Science Museum

Museum

0.6mi

The Amazing World of Dr. Seuss Museum

Museum

0.61mi

Springfield Armory Museum

Museum

0.62mi

Michele & Donald D'Amour Museum of Fine Arts

Museum

0.64mi

George Walter Vincent Smith Art Museum

Museum

0.65mi

Naismith Memorial Basketball Hall of Fame

Museum

1.28mi

Josiah Day House Museum

Museum

1.39mi

YMCA of Greater Springfield

Sports Centre

0.63mi

MassMutual Center Ice Rink

Sports Centre. Sports: Ice Hockey, Basketball

0.73mi

Archie Allen Baseball Field - Ability Field

Sports Centre. Sports: Baseball

1.82mi

Abbey Brook Extension

Nature Reserve

1.46mi

Abbey Brook

Municipal Park

1.66mi

Land Along Connecticut R.

Municipal Park

1.84mi

Emily Bill Park

Municipal Park

0.02mi

Memorial Square District

Park

0.25mi

Gurdon Bill Park

Municipal Park

0.39mi

Armoury Commons

Municipal Park

0.45mi

Springfield Armory National Historic Park

National Park

0.45mi

Lincoln Street School Playground

Playground

0.86mi

Thomas St. Playground

Playground

0.96mi

Winchester Square

Recreation Ground

1.4mi

Eastern States Expo Fairground

Recreation Ground

1.55mi

TAP Bowling & Arcade

Bowling Alley

0.96mi

BSW Beauty Supply

Beauty

1.36mi

Pretty Nails

Nails

1.36mi

The Hand Center of Western Massachusetts, Dr. Jeffrey WInt

Hand Surgery

1.41mi

Towne Student Health Center

Doctors

1.77mi

Cumberland Farms

Gas Station

1.31mi

Sunoco

Gas Station

1.48mi

Cumberland Farms

Gas Station

1.49mi

Roady's Truck Stops

Gas Station

1.52mi

Tower Square Mall

Mall

0.67mi

Bob’s Discount Furniture

Furniture

1.13mi

Save-A-Lot

Supermarket

0.78mi

Big Y

Supermarket

1.35mi

PriceRite

Supermarket

1.42mi

Stop & Shop

Supermarket

1.8mi

Big Lots

Department Store

1.42mi

Asian Start Grocery

Convenience

1.24mi

Seller's Representative: Lucy Cordero, Keller Williams Realty
MLS ID#: 73320656

© 2024 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 2024-12-18 22:45:00

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