
40 Warriner Ave Springfield — Photo 1 of 23
$1,650,000
40 Warriner Ave, Springfield, MA 01108
Springfield, MA 01108
Beds
12
Baths
12
SqFt
13,755
Style
5+ Family - 5+ Units Up/Down
Built
1913
Excellent investment opportunity! 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. The property features a mix of spacious apartment layouts with separate utilities.Additional Value-Add Potential: Sale includes adjacent approximately 7,000 SF parcel (62.5' x 112'), currently utilized for off-street parking for the existing 12-unit property. The additional parcel may offer future development, site optimization, or expanded-use potential, subject to buyer due diligence and all applicable zoning, parking, permitting, and municipal approvals. An excellent opportunity for an investor to explore additional value beyond the strong in-place multifamily income. Well suited for an investor looking to add a substantial multifamily asset to their portfolio. Conveniently located near shopping, restaurants, public transportation and major routes. Showings by appointment only. Please do not disturb tenants. Buyer and buyer’s agent to verify all information and perform their own due diligence.
Market Value Analysis
* Analysis is based on 22 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 • Highway Access • Public School
Geography
Property History
$1,650,000
Sep 2, 2026
MLS® 73571198
$1,395,000
Nov 4, 2024
MLS® 73262767
$1,499,999
Jul 10, 2024
MLS® 73262767
Population
27,405
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$51K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
54.9%
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: Cassandra Swaby
Listing Office: Berkshire Hathaway HomeServices Realty Professionals
MLS® Number: 73571198
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