191 Chestnut StreetSpringfield, MA 01103MLS Number 73154316

  • Price: $1,400,000
  • 21 Days on Market
$/month over payments
Federal 30-year interest rate: 7.18% last updated on Sep 14, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.63Acreage
  • 10Bathrooms
  • 1900Year Built
  • 27,000Square Feet

Driving Directions

Lessard Realty is pleased to offer this excellent investment opportunity. This well maintained 5 story office building located in downtown Springfield is just a few blocks away from Amtrak's Union Station and has easy access to the major highways Route 91 and the Mass Pike. It's also within close proximity to the Mass Mutual Center, City Hall and the MGM Casino. There is ample parking for approximately 60 vehicles. The building is fully sprinklered and all the windows on floors 2-5 have been replaced approximately 7-8 years ago. This property cash flows well with a cap rate of 10.76% at the asking price. This property is a must for any investors portfolio.
Listed by Aldo Giella of Coldwell Banker Realty - Western MA

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More Info

Basic Information

  • Gross Income $318,147
  • Mls StatusActive


  • Address191 Chestnut Street
  • Building Number191
  • CountyHampden
  • StateMA
  • StreetChestnut Street
  • TownSpringfield
  • Zip01103


  • Buyer Agency Compensation2.5
  • Date Listed09/01/2023
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1.5
  • View Count4

Tax Information

  • Tax Year 2023
  • Taxes$24,228

Basic Information

  • List Price$1,400,000
  • MLS Number73154316
  • Modification Date09/19/2023


  • Acreage0.63


  • Parking Spaces60


  • Bathroom10


  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer
  • Year Built1900

Property Information

  • Living Area 27,000
  • Lot Size Square Feet 27,247
  • Lot Size Units Acres
  • Square Feet27,000
Taylor Real Estate
Taylor Real Estate
Office: 413-527-3375
4 Liberty Street, Suite A
Easthampton, MA 01027

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