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$415,000

49 Prospect St Springfield, MA 01107

9 beds
3 full
3,258 sqft
0.1 acres
$127 / sqft
Multi-Family

Property details

About 49 Prospect St

Welcome to this established 3-family investment property in Springfield, MA! Three spacious 3BR apartments, all currently occupied with reliable tenants providing immediate steady cash flow. Located near schools, parks, shopping & public transit with easy highway access. This turnkey opportunity comes with existing tenants who remain, eliminating vacancy concerns & providing instant rental income from day one. Perfect for investors seeking proven cash-flowing property with established rental history. Don't miss this rare fully-occupied 3-family home with guaranteed immediate returns!

Highlights

Home typeMulti Family
HeatingElectric
StatusActive
(New)
CoolingWindow Unit(s)
Size3,258 sqft
Lot size0.13 Acres
Year built1910
MLS #73410362

Summary

  • Full Bathrooms: 3
  • Appliances: Range, Refrigerator
  • Interior: Living Room, Kitchen
  • Total Bedroom Count: 9
  • Heating: Electric
  • Cooling: Window Unit(s)
  • List Price: $415,000
  • Price/SqFt: $127
  • Annual Tax Amount: $4,213
  • Tax Year: 2024
  • Lot: Other
  • Directions: I-91 to Springfield exit
  • Year Built: 1910
  • Stories: 3
  • Living Area: 3,258 SqFt
  • Lot Size: 0.13 Acres
  • MLS Number: 73410362
  • MLS Name: MLS Property Information Network
  • Office Name: Coldwell Banker Realty - Lexington
  • Office Phone: (781) 862-2600
  • Listing Agent: Mark Lesses Group

IDX 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: 8/1/2025, 12:55:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jan 31, 2024
Home Sold
$365,000
Feb 07, 2022
Home Sold
$285,000
Dec 23, 2011
Home Sold
$85,000

Tax history

YearAssessmentProperty Tax
2024$262,300$4,213
2023$226,700$3,865
2022$222,400$4,186
2021$216,200$4,086
2020$185,700$3,627
2019$134,200$2,641

History based on county public records data.

Nearby schools

1

Lincoln

Public District KG-5

0.5 mi

732 Chestnut St

1

Springfield Public Day Elementary School

Public District 1-5

0.6 mi

34 Nye St

4

Edward P. Boland School

Public District PK-5

0.6 mi

426 Armory St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $14,792. Residents of Springfield, MA typically earn less than $<35k each year. Typical family type is 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?

82%
<35k
14%
35k-100k
4%
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?

52%
Single, No Kids
28%
Single, with Kids
11%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
11%
12-17 yrs old
23%
18-34 yrs old
26%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Chico'sChico's

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 49 Prospect St

The listing price of 49 Prospect St property is $415,000.

The property 49 Prospect St is a multi located in Springfield, Massachusetts, 01107.

Active Listing: 49 Prospect St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 49 Prospect St are: Lincoln (GreatSchools Rating 1/10), Springfield Public Day Elementary School (GreatSchools Rating 1/10), Edward P. Boland School (GreatSchools Rating 4/10), Alfred G. Zanetti Montessori Magnet School (GreatSchools Rating 6/10), Lyceum Academy (GreatSchools Rating 2/10), Chestnut Accelerated Middle School (Talented and Gifted) (GreatSchools Rating 6/10), Hampden Charter School of Science West (GreatSchools Rating 6/10), Gateway to College at Springfield Technical Community Colleg (GreatSchools Rating 7/10), Conservatory of the Arts (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $4,213 (source: MLS/based on county public records data).

The last sale was on January 31, 2024 for $365,000 (source: MLS/tax record).

The property 49 Prospect St is 3,258 SqFt (source: MLS/tax record).

The year of construction for 49 Prospect St is 1910.

This home is located at 49 Prospect St in Springfield, MA and zip code 01104 in the Memorial Square neighborhood. This 3,258 square foot home, which was built in 1910, sits on a 0.13 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 28, 2025 and is currently priced at $415,000.

In June 2025, from all listings sold in Springfield, MA there were more than 82 sold above asking price, over 29 sold below and more than 12 were sold right at the asked price. The number of homes for sale in Springfield, MA decreased by 5.6% between May and June 2025. In June 2025 median list price was $305,000 and the average listing age was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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