Backup offers
$3,549 Closing Credit¹
#73313600, James Charles, Listing Office: Lock and Key Realty Inc.
$3,561
closing credit¹
38-40 Webster St Springfield, MA 01104
$299,900 List price
$3,561
Closing credit¹
8 beds
2 full
2,722 sqft
0.1 acres
$110 / sqft
Multi-Family
Property details
About 38-40 Webster St
***INVESTORS TAKE NOTICE*** 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!
Highlights
Home typeMulti Family
StatusActive
Size2,722 sqft
Lot size0.11 Acres
Year built1901
MLS #73323192
Summary
- MLS Number: 73323192
- MLS Name: MLS Property Information Network
- Office Name: Home Equity Assets Realty, LLC
- Office Phone: (413) 328-0799
- Listing Agent: Allen Murray
Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 8:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$299,900
38-40 Webster St
$3,561
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 31, 2010 | Home Sold | $135,000 |
| Sep 11, 2009 | Home Sold | $60,000 |
| Jul 15, 2008 | Home Sold | $30,000 |
| Dec 07, 2004 | Home Sold | $120,000 |
| Jun 19, 2002 | Home Sold | $85,000 |
| Jun 28, 2001 | Home Sold | $27,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $227,000 | $3,646 |
| 2023 | $216,000 | $3,683 |
| 2022 | $201,900 | $3,800 |
| 2021 | $157,400 | $2,975 |
| 2020 | $151,100 | $2,951 |
History based on county public records data.
Nearby schools
4
Edward P. Boland School
Public District PK-5
0.5 mi
•426 Armory St
1
Springfield Public Day Elementary School
Public District 1-5
0.5 mi
•34 Nye St
5
Milton Bradley School
Public District PK-5
0.9 mi
•22 Mulberry St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $11,626. Most Springfield, MA residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
87%
<35k
12%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
75%
Single, No Kids
13%
Single, with Kids
8%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
5%
12-17 yrs old
19%
18-34 yrs old
37%
35-64 yrs old
26%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
UFC- Pro Boxing
Where do the neighbors shop?
Family Dollar
Burlington
Chico's
Where do the neighbors go to eat?
Church's Chicken
Burger King
Popeyes
What do the neighbors drive?
Cadillac
Buick
Dodge
What do the neighbors listen to?
Jazz
Urban Contemporary
News
All data provided by Home Junction and Claritas
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This home is located at 38-40 Webster St in Springfield, MA and zip code 01104 in the Liberty Heights neighborhood. This 2,722 square foot home, which was built in 1901, sits on a 0.11 acre lot. Features: 8 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 5, 2025 and is currently priced at $299,900.
Springfield, MA housing market in January 2025 saw over 50 listings sold above listed price, more than 13 sold at listed price and over 33 sold below. The inventory of homes for sale in Springfield, MA between December and January 2025 decreased by 4%. In January 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $300,724.
From Rocket Homes Real Estate and based on county public records data.