236-240 Locust StreetSpringfield, MA 01108MLS Number 73495011

  • Price: $1,725,000
  • Est. Mortgage of $/month
  • 49 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
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236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108236-240 Locust Street Springfield MA 01108
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  • 24Bedrooms
  • 0.23Acreage
  • 16Bathrooms
  • 1924Year Built

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236-240 Locust St contains sixteen (16) total units comprised of eight (8) 2-Bedroom/1-Bathroom units and eight (8) 1-Bedroom/1-Bathroom units with 12,989 square feet of gross living area in 16,207 square feet of gross area. The Property is situated upon a 0.23-acre parcel and features on-street parking. The Property is well-positioned in the urban core of Springfield, offering strong access to the city's downtown business district, neighborhood retail corridors, and surrounding residential neighborhoods. Tenants are responsible for electricity, while the Landlord is responsible for gas powered heat & hot water and city water & sewer. Recent capital improvements include an upgraded boiler and hot water system from 2025, adding to the durability and long term value of the asset. The opportunity exists to acquire a well maintained asset with recently upgraded utilities in the densely populated Springfield market.
Listed by Michael Bradley of Horvath & Tremblay

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More Info

Basic Information

  • Gross Income $265,380
  • Lot Features Other
  • Mls StatusActive
  • Parcel Number 2592285
  • Rent Includes Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Water, Hot Water)

Location

  • Address236-240 Locust Street
  • Building Number236-240
  • CountyHampden
  • StateMA
  • StreetLocust Street
  • TownSpringfield
  • Zip01108

Property Information

  • Building Area Source Public Records
  • Living Area 12,989
  • Lot Size Square Feet 10,018
  • Lot Size Units Acres
  • Square Feet12,989

Tax Information

  • Tax Assessed Value $1,344,700
  • Tax Year 2026
  • Taxes$21,078

Rooms

  • Bathroom16
  • Bathrooms Total Decimal 16
  • Bedrooms24
  • Full Bath16

Building

  • Building Area Units Square Feet
  • FoundationConcrete Perimeter
  • Levels 5
  • Rooms56
  • Stories5
  • Units16
  • Year Built1924
  • Year Built Details Approximate
  • Year Built Source Public Records

Amenities

  • Amenities
    • Bike Path
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Other
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Tennis Court(s)
    • University
    • Walk/Jog Trails
  • Other AmenitiesGolf, Tennis

Parking

  • Open Parking YN Yes
  • Parking Features On Street
  • Parking Spaces

Basic Information

  • List Price$1,725,000
  • MLS Number73495011
  • Modification Date04/05/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Property

  • Acreage0.23

Exterior

  • RoofRubber

Utilities

  • Electric Individually Metered
  • Electric Expense 11676
  • Heat SystemYes
  • Heating Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Legal

  • ZoningR3

Other

  • Date Listed04/02/2026
  • Farm Land Area Units Square Feet
Egan Realty Group

Your Local Office

More Info »
Egan Realty Group
Office: 781.447.2222
Whitman, MA 02882

The property listing data and information, or the Images, 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 MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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