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Active

10 Monroe St

Springfield, MA 01109

$440,000
6Bedrooms
2Bathrooms
1,910Square feet
1910Year built

Residential Income · Active · MLS #73548440
Listing Courtesy of HB Real Estate, LLC | Nicole Flamand

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MLS PIN data

About this home

Excellent investment opportunity! This fully rented two-family property offers immediate rental income with leased tenants already in place. The current total monthly rental income is $4,800. The property features a low-maintenance yard, making upkeep simple and cost-effective. An added bonus is the potential to create a third-floor unit, subject to obtaining the necessary city permits and approvals, providing an opportunity to increase future cash flow. Whether you're looking to expand your investment portfolio or secure an income-producing property, this is one you won't want to miss.

Property information

Details at a glance

Interior

Rooms
10
Heating
Forced Air, Natural Gas
Cooling
Window Unit(s)
Flooring
Wood, Tile, Vinyl / VCT

Building

Style
Multi Family
Year built
1910
Foundation
Concrete Perimeter, Brick/Mortar, Other
Roof
Shingle

Land & utilities

Lot size
0.04 acres
Water
Public
Sewer
Public Sewer
Zoning
B1

Financial

Annual taxes
$4,525
Assessment year
2025

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$441,517

Estimated range $386,412$496,622

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Sold Jul 27, 2026$430,000

55 Pilling Street

Photo insights

Condition signals

Overall presentationaverage

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Springfield

MetricThis propertySpringfield
List price$440,000$422,4504% above local
Price / sq ft$230$16440% above local
Days on market84683% below local
Explore homes in Springfield

Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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Common questions

About 10 Monroe St

Can I schedule a private showing?

Yes. Request a tour of 10 Monroe St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.