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$449,900
Total Beds: 9 Total Baths: 3
Total Units: 3 SQFT: 3484
LOT size: 0.16 Acres
48-50 Dresden St
Springfield, MA 01109
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Property Description

Open House Sat 02/07 12pm-2pm **Ask about fixed-rate options in the 4s & 1st-time homebuyer grants up to $50,000.** Well-maintained three-family property offering excellent flexibility for both owner-occupants and investors. Two units are currently vacant, providing an ideal opportunity to live in one unit while renting the others, or to lease all three at market rents. The units have been recently updated and feature forced hot air (central) heating for efficient, year-round comfort. Lead compliance certificates are on hand for all units, offering added peace of mind and simplifying the rental process. Spacious layouts with bright interiors and modern finishes throughout. Conveniently located near local amenities, schools, and major routes. A true cash cow with market rents of approximately $2,100 per unit, offering strong income potential and upside.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Highway Access, Laundromat, Park, Public School, Public Transportation, Shopping, University
  • Basement Features: Full, Unfinished Basement
  • Common Appliances: Range, Refrigerator
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: No
  • Gross Operating Income: 76080
  • Net Operating Income: 76080

Utilities

  • Electric Info: Circuit Breakers, Underground
  • 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

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

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1912
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73468658
  • Last Updated: 02/07/26

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Map

Seller's Representative: Johnny Long, PRIVI Realty 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

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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 2026-02-07 10:01:00

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