REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,650,000
Est. payment /mo
Active
40 Warriner Ave Springfield, MA 01108
12 Beds
12 Baths
13,755 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 13,755 sqft
Price per Sqft $119
MLS Listing ID 73571198
Bedrooms 12
Full Baths 12
Year Built 1913
Annual Tax Amount $13,817
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
INVESTMENT OPPORTUNITY WITH ADDITIONAL DEVELOPMENT POTENTIAL! This 12-unit multifamily property offers strong income potential in a convenient Springfield location. Major improvements completed in 2025 and 2026 include a NEW ROOF and NEW HEATING SYSTEM. Excellent opportunity at 40 Warriner Ave in Springfield! This property is being offered together with the adjacent lot, creating exciting possibilities for investors and developers. Per a recent conversation with the City of Springfield Zoning Department, the adjacent lot may have the potential to accommodate a new three-family residential building. Zoning also indicated that the existing parking arrangement for 40 Warriner Ave is grandfathered and that the adjacent lot is not required to serve as parking for the existing building. This presents a unique opportunity to own an existing property along with additional land that may offer future development potential.Buyer and buyer's agent to perform their own due diligence and verify all zoning, building requirements, permitting, and development possibilities with the City of Springfield.
Location
State MA
County Hampden
Zoning R3
Direction Locust Street to Warriner Avenue. Property is located at the end of Warriner Avenue on the left.
Rooms
Basement Full
Exterior
Community Features Public Transportation, Shopping, Highway Access, Public School
Garage No
Building
Lot Description Corner Lot
Story 4
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Berkshire Hathaway HomeServices Realty Professionals