
50 Stevens St Springfield — Photo 1 of 5
$1,250,000
50 Stevens St, Springfield, MA 01104
Springfield, MA 01104
Beds
10
Baths
10
SqFt
2,930
Style
5+ Family - 5+ Units Side by Side
Built
1927
Investment opportunity in Springfield! This 10-unit multifamily property offers investors the opportunity to acquire a substantial income-producing asset with additional upside potential. Currently generating strong rental income with opportunities to further improve performance and maximize revenue over time.With 10 units under one roof, this property offers scale and income diversification for an investor looking to expand an existing portfolio or add a larger multifamily asset. Schedule a private showing to tour the property and explore its investment potential.
Market Value Analysis
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Springfield, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Population
23,209
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$50K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
52.2%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Hampden County
359 housing units permitted in the last 12 months (+20% vs the prior 12 months) — 74 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Raquel Medina
Listing Office: Lock and Key Realty Inc.
MLS® Number: 73568827
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