new - 2 days on rocket

38-40 Webster St, Springfield, MA, 01104

$299,900

Home List Price

$3,561*

Closing Credit

8 Bedrooms
2 Full Baths
2,722 SqFt
$110/SqFt
Multi

Location

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38-40 Webster St, Springfield$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1901
MLS #73323192
Lot Size0.11 Acres
StatusActive
(New)

About 38-40 Webster St

Prime investment opportunity in the desirable Liberty Heights neighborhood of Springfield! This spacious 2-family home boasts two 8-bedroom units, offering tremendous potential for high rental income. Each unit is equipped with separate utilities and currently has month-to-month tenants, ensuring immediate cash flow. With large living spaces, hardwood floors, updated kitchens, and plenty of storage, this property is perfect for investors seeking long-term value. Off-street parking and a sizable backyard enhance the property’s appeal. Conveniently located near major highways, public transit, shopping, and schools. A great opportunity to add a high-income property to your portfolio—schedule a showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1901
  • Living Area: 2,722 SqFt

Listing Office:

  • Office Name: Home Equity Assets Realty, LLC
  • Office Phone: (413) 328-0799
  • Listing Agent: Allen Murray

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 8

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.11 Acres

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $110/SqFt

Tax Information:

  • Annual Amount: $2,975
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Springfield, MA.

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Springfield, MA

City

Med. Sold Price

$300K

Med. Price/SqFt

$189

Avg. Days On Market

36

# of Sold Homes

111

38-40 Webster St vs Springfield

2 DAYS ON ROCKET

-34 Days

$299,900

-$100 Less

$110/SqFt

-$79 Less

KEY TAKEAWAY

This property is $100 less than the Median Sold Price and $79/SqFt less than other homes in Springfield, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73323192

Listing Office:

  • Office Name: Home Equity Assets Realty, LLC
  • Office Phone: (413) 328-0799
  • Listing Agent: Allen Murray

IDX Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/7/2025, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 31, 2010Home Sold
$135,000
Sep 11, 2009Home Sold
$60,000
Jul 15, 2008Home Sold
$30,000
Dec 07, 2004Home Sold
$120,000
Jun 19, 2002Home Sold
$85,000
Jun 28, 2001Home Sold
$27,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,975$157,400
2020$2,951$151,100
2019$2,688$136,600
2018$2,580$131,100
2017$2,320$118,000

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1040621
4
/10

  • Edward P. Boland School

  • 426 Armory St

  • 0.48 miles

  • Public District Grades PK-5

school-card-donut-1040622
1
/10

  • Springfield Public Day Elementary School

  • 34 Nye St

  • 0.52 miles

  • Public District Grades 1-5

school-card-donut-1040623
5
/10

  • Milton Bradley School

  • 22 Mulberry St

  • 0.89 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $11,626. The majority of Springfield, MA residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Hampden County›Springfield›01104›38-40 Webster St

This home is located at 38-40 Webster St in Springfield, MA and zip code 01104 in the Liberty Heights neighborhood. This 2,722 square foot home, which was built in 1901, sits on a 0.11 acre lot. Features: 8 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 05, 2025 and is currently priced at $299,900.

While more than 51 listings in Springfield, MA in December 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 40 were sold below. Between November 2024 and December 2024, Springfield, MA real estate market has seen decrease in the number of listings by 17.3%. In December 2024 median list price was $300,000 and the average listing age was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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