Active
57 Days on market
140 Chestnut St #319 Springfield — Photo 1 of 39

140 Chestnut St #319 Springfield — Photo 1 of 39

Recent Drop: $17,000

$115,000
$98,000

$98,000

140 Chestnut St #319, Springfield, MA 01103

Springfield, MA 01103

Beds

2

Baths

1

SqFt

760

Style

Condominium

Built

1910

The seller is offering a 2500$ credit to the buyer. Investor Alert! Rarely can you purchase a cash-flow-focused condo for under $125,000 in today's market. This investor-friendly property offers no long-term rental restrictions, giving you the flexibility to maximize your investment strategy. Well-suited for Section 8, HomeBASE, and other voucher programs, it provides access to a strong and consistent tenant pool. The HOA includes heat, hot water, Wi-Fi, seasonal A/C, water, trash, and common area maintenance, helping keep operating expenses low and cash flow strong. Ideally located in downtown Springfield near MGM, Union Station, major hospitals, restaurants, and highways, the property benefits from consistent rental demand. Whether you're a first-time investor or an experienced buyer looking to expand your portfolio, this is an affordable opportunity to secure a high-potential, income-producing asset.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$129/sqft
Local Avg (Springfield)$190/sqft
32% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Springfield, MA.

Property Details

Financials

Original Price$115,000
Annual Taxes$1,232
HOA Fee$726

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms5
FireplacesNone
FlooringVinyl
BasementN

Climate & Utilities

HeatingCentral
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningB3

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Medical Facility • Highway Access • House of Worship • Public School

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl First

Cedar Closet(s), Flooring - Vinyl, Lighting - Overhead

Kitchen
Lvl First

Flooring - Vinyl, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook

Master Bedroom
Lvl First

Walk-In Closet(s), Flooring - Vinyl, Window(s) - Bay/Bow/Box

Bedroom 2
Lvl First
Bathroom 1
Lvl First

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl

Property History

Price Drop
$98,000

Was $109,000

Aug 18, 2026

MLS® 73549986

Price Drop
$109,000

Was $115,000

Aug 7, 2026

MLS® 73549986

Listed
$115,000

Jul 15, 2026

MLS® 73549986

Population

2,477

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$21K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

91.5%

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 Provided By

Listing Agent: Bria Brantley

Listing Office: NextHome Elite Realty

MLS® Number: 73549986

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