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$420,000
Total Beds: 6 Total Baths: 2
Total Units: 2 SQFT: 1910
LOT size: 0.04 Acres
10 Monroe St
Springfield, MA 01109
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Property Description

Add a strong income-producing property to your portfolio with this two-family home, currently generating $4,800 in total monthly rental income. Leased tenants are in place, with the second-floor unit scheduled to be vacant at the end of October, offering added flexibility for an owner-occupant or investor looking to secure a new tenant at market rent. The low-maintenance yard helps keep upkeep simple and costs manageable. Looking to maximize your return? There is potential to explore the addition of a third-floor unit, subject to obtaining the necessary city permits, approvals, and meeting applicable building requirements.Whether you're an experienced investor looking to expand your portfolio or just getting started in real estate investing, this property offers current rental income and exciting possibilities for future growth. Don't miss this opportunity to invest in your future!

Property Details

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: 10/13/26
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Nicole Flamand, Real Broker MA, 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 2026-10-13 12:32:00

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