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38 40 Webster St

Springfield, MA 01104

8 beds
2 baths
2,722 sqft
4,992 sqft lot
$110 per sqft
1901 build
– on site

***Highest & best by 6pm Monday, January 13, 2025*** 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!

Listing courtesy of MLSPIN / Allen Murray / Home Equity Assets Realty, LLC

Last checked: Checking… • Last updated Jan 12, 2025 •

MLS# 73323192 —

The Building

Year Built:

1901
Year Built Details:

Actual
Year Built Source:

Public Records
Foundation Details:

Other
Stories Total:

3
# of Units Total:

2
Building Area Total:

2722
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

14
Fireplace:

false

Room Dimensions

Living Area:

2722

Location

Directions:

GPS
Latitude:

42.113933
Longitude:

-72.58804

The Property

Parcel Number:

S:12090 P:0009,2611101
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Features:

Other
Lot Size Units:

Acres
Lot Size Area:

0.11
Lot Size SqFt:

4992
Lot Size Acres:

0.11
Zoning:

R2
Exclusions:

Any Tenant Owned Appliances
Waterfront:

false
Farm Land Area Units:

Square Feet

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

24721
Tax Annual Amount:

3646
Tax Assessed Value:

227000

Beds

Bedrooms Total:

8

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Home Warranty:

false

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Parking Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/5/25 Jan 5, 2025	Listed / Active	MLSPIN	$299,900	122.1% (8.7% / YR)
1/4/11 Jan 4, 2011		MLSPIN	$135,000

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This multifamily located in North End, Springfield, MA 01104 is currently for sale for $299,900. 38 40 Webster St is a 2,722 square foot multifamily with 8 beds and 2 baths that has been on Estately for 15 days. 38 40 Webster St is in the North End neighborhood of Springfield and has a WalkScore® of 60, making it somewhat walkable. This multifamily is in the attendance area of High School Of Commerce, Roger L. Putnam Vocational Technology Academy, Mary Walsh Elementary School, Springfield Central High School, Springfield High School Of Science And Technology, and Chestnut Accelerated Middle School.

Listing Courtesy of: MLSPIN and Home Equity Assets Realty, LLC.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.