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$599,999 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 11 Total Beds
  • 0.09 Acres
  • Updated 1 hour ago
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Great investment opportunity! This well-maintained 4-unit building offers 11 bedrooms and strong income potential. Fully occupied with reliable tenants, it provides immediate cash flow. Each unit has separate utilities, helping keep owner expenses low. With stable occupancy, solid rental history, and potential for future rent growth, this is an excellent opportunity to secure a high-performing, income-producing asset. Well cared for and consistently maintained, this property presents a turnkey opportunity for both seasoned investors and those looking to grow their portfolio. There is also potential to expand the attic, offering added value and additional possibilities. Conveniently located near local amenities, shopping, dining, and transportation, making it highly attractive for renters.

Full Property Details for 55-59 Margaret St

General

  • Price: $599,999
  • Taxes: $6,430 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MLSPin
  • MLS ID: 73514166
  • Updated: Today (5/6/2026)
  • Added to Site: Today

Rental Information

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Interior

  • Number of Rooms: 19
  • Interior Features: Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Lead Certification Available, Living Room, Kitchen
  • Appliances: Range, Refrigerator
  • Flooring: Wood, Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main - Full Baths: 4

Bedrooms

  • Total Bedrooms: 11

Additional Information

  • Year Round: Yes

Exterior

  • Color: Grey

Location

  • Area: So End Central
  • County: Hampden
  • Driving Directions: Use GPS

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Natural Gas
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Connection for Gas Range, Connection for Electric Range

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Shingle
  • Stories/Levels: 4
  • Square Feet: 4,500
  • Sq. Ft. Source: Public Records
  • Year Built: 1923

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Dimensions: .09
  • Street/Road Desc.: Paved
  • Lot Features: Cleared, Level

Financial Considerations

  • Price Per Sq. Ft.: $133.33
  • Tax Amount: $6,430
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: S:08255 P:0056, 2594249
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 55-59 Margaret St —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 55-59 Margaret St

School District:Springfield School District
NameGradesDistance
White Street School
300 White Street, Springfield, MA 01108
K-51.6 mi
Springfield Public Day Elementary School
34 Nye Street, Springfield, MA 01104
K-51.7 mi
Alfred G Zanetti School
474 Armory Street, Springfield, MA 01104
PK-81.7 mi
South End Middle School
36 Margaret Street, Springfield, MA 01105
6-80.1 mi
Springfield Public Day Middle School, Springfield, MA
732 Chestnut Street, Springfield, MA 01107
6-82 mi
Springfield Public Day Middle School, Springfield, MA
732 Chestnut Street, Springfield, MA 01107
6-82 mi
High School Of Commerce
415 State Street, Springfield, MA 01105
9-120.8 mi
Liberty Preparatory Academy
Alderman Bldg 37 Alderman Str, Springfield, MA 01108
9-121.4 mi
Springfield High School
Dickenson Bldg 37 Alderman St, Springfield, MA 01108
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 55-59 Margaret St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/06/2026
Listed
$599,999
35.17%
MLS
1/07/2025
Sold
$443,877
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 55-59 Margaret St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,430
-1%
$410,100
1%
2024
$6,504
15%
$405,000
22%
2023
$5,666
-12%
$332,300
-3%
2022
$6,425
27%
$341,400
28%
2021
$5,044
14%
$266,900
17%
2020
$4,443
-1%
$227,500
—
2019
$4,477
6%
$227,500
6%
2018
$4,227
19%
$214,800
19%
2017
$3,553
6%
$180,700
6%
2016
$3,366
3%
$171,200
3%
2015
$3,273
13%
$166,400
13%
2014
$2,909
—
$147,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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55-59 Margaret St, Springfield, MA 01105 (MLS# 73514166) is a Multi-Family property with 4 units containing 11 bedrooms and 4 full bathrooms. 55-59 Margaret St is currently listed for $599,999 and was received on May 06, 2026. This property is listed by Ashley Jones from our Western Massachusetts Office.Want to learn more about 55-59 Margaret St? Do you have questions about finding other Multi-Family real estate for sale in South End Central? You can browse all South End Central real estate or contact a Coldwell Banker agent to request more information.

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