120-122 Central St, Springfield, MA 01105

Springfield
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
120-122 Central St,Springfield, MA 01105
$2,050,000
  • 23 Beds
  • 16 Baths
  • 11,260 sq. ft.
  • Multi-family
  • Active
Listed by: andrew rodman
Office: lock and key realty inc.
MLS#:73501818
Source:MLSPIN

Price summary

  • Price:$2,050,000
  • Price per sq. ft.:$182.06

About this home

120–122 Central Street presents a rare opportunity to acquire a 16-unit asset in a prime Springfield location, just minutes from the Naismith Memorial Basketball Hall of Fame and MGM Springfield. Perfect for a 1031 exchange this property features a strong unit mix of (7) two-bedroom apartments and (9) one-bedroom apartments, catering to a wide tenant base.With gross rents exceeding $22,000 per month, this building offers immediate cash flow and solid investment performance. All 16 units have lead certificates, providing added compliance and peace of mind for ownership.Positioned in a high-demand rental area with close proximity to major attractions, employment centers, and amenities, with a large off street parking lot this is a turnkey opportunity for investors looking to scale their portfolio with a stabilized, income-producing asset.

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Home facts

  • Year built:1927
  • Listing ID #:73501818
  • Updated:April 17, 2026 at 10:42 AM

Rooms and interior

  • Bedrooms:23
  • Total bathrooms:16
  • Full bathrooms:16
  • Rooms Total:55
  • Flooring:Vinyl, Wood
  • Basement Description:Full
  • Living area:11,260 sq. ft.

Structure and exterior

  • Year built:1927
  • Building area:11,260 sq. ft.
  • Lot area:0.27 Acres
  • Construction Materials:Brick
  • Exterior Features:Porch, Rain Gutters
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,050,000
  • Price per sq. ft.:$182.06
  • Tax amount:$20,977 (2025)

Parking

  • Total parking spaces:10
  • Parking description:Driveway, Off Street, Paved, Paved Drive
The property listing data and information, or the Images, 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, 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. 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, or as to the accuracy of any of the Images, set forth herein.

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