**Offer deadline 8/31 at 6PM.** Welcome to 104 Narragansett Street, a spacious two-family property ideally located just steps from Baystate Medical Center. Offering an excellent combination of existing rental income, generous living space, and a highly convenient location, this property presents a unique opportunity for investors or owner-occupants.The first-floor apartment is currently occupied by a long-term tenant paying market rent, providing immediate rental income for the new owner. The expansive upper unit spans the second and third floors and features six generously sized bedrooms. Each level has its own full bathroom, with one located on the second floor and another on the third floor.With bedrooms and living space spread across two floors, the upper unit offers plenty of room and flexibility. For added convenience, it also includes in-unit washer and dryer hookups. The unit is currently furnished, and the furnishings may remain or be removed depending on the buyer’s preference and the agreed-upon terms of the sale.Each apartment has its own private porch or deck, providing both units with dedicated outdoor space. The property also features a large detached garage and a long driveway with plenty of off-street parking—an especially valuable feature in this convenient location.With its substantial size, established first-floor tenancy, oversized six-bedroom upper unit, private outdoor spaces, detached garage, ample parking, and exceptional proximity to Baystate Medical Center, 104 Narragansett Street is a compelling multifamily opportunity. Whether you are looking to expand your investment portfolio or occupy the spacious upper unit while collecting rent from the first floor, this distinctive Springfield property offers space, flexibility, and strong income-producing potential.
Memorial Square, located between Court Square and the South End, is a civic and historic Springfield neighborhood with courthouse-era streetscapes and a river-adjacent downtown edge. The neighborhood’s character concentrates around State Street at Main Street, where lunch counters, coffee stops, and small storefronts cycle with courthouse foot traffic. Landmarks like Symphony Hall, the Springfield Museums campus, and the MassMutual Center act as cultural anchors. Brick mid-rises and institutional facades frame compact blocks with pocket greens and memorial markers. Side streets shift quickly from office corridors to quieter residential buildings. The Connecticut Riverwalk and nearby parks add a steady outdoor counterpoint to the urban grid.
Provided by Walk Score and Local Logic
Offer insights
104 Narragansett St · $469,000
$499K and above
75% chance or better to win
Why $499K+ is a strong offer
DAYS ON MARKET
5 days
The average home goes pending in 25 days.
SALE-TO-LIST
101.8%
Most homes are selling 2% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
15 total rooms
Full basement
One fireplace
Bathrooms
3 full bathrooms
Exterior features
Paved driveway
Lot approximately 0.31 acre
Located off Chapin Terrace
Home design
Multi-family property
3 stories
Parking
2-car garage
2 covered parking spaces
6 open parking spaces
8 total parking spaces
Construction
Concrete perimeter foundation
Built (year per public records)
Utilities
Public water
Public sewer
HOA & community
Not a senior community
Electricity and solar
View estimated energy costs and solar savings for this home
Great location near the hospital! Excellent for health care providers!
MLS PIN #70996949
Dec 9, 2009
Sold
$60,100
$15/sq ft
Nov 2, 2009
Listed
$44,500
$11/sq ft
Large two family with additional living area on the 3rd floor. Property offers a lot of charactor and possibilities. Large and bright rooms with fireplaces on 1st and 2nd floors. Located in sight of Bay State Medical Center offers great rental potential and more. Please supply proof of funds to close on all cash offers. Remember this property is being sold in "AS IS" condition with out warranties implied or expressed.
MLS PIN #20046658
Jun 30, 1995
Sold
$65,880
$16/sq ft
Nov 16, 1993
Listed
$71,900
$17/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$4,815 (+37.7%)
$30,100 + $252,300
$282,400
2022
$3,497 (+9.2%)
$28,000 + $157,800
$185,800
2021
$3,202 (−1.5%)
$25,500 + $143,900
$169,400
2020
$3,250 (+6.5%)
$25,500 + $140,900
$166,400
2019
$3,052 (−2.3%)
$25,500 + $129,600
$155,100
2018
$3,123 (+1.6%)
$25,500 + $133,200
$158,700
2017
$3,073 (−0.4%)
$27,100 + $129,200
$156,300
2016
$3,085 (+1.4%)
$27,100 + $129,800
$156,900
2015
$3,041 (−1.2%)
$27,100 + $127,500
$154,600
2014
$3,077 (+4.1%)
$30,400 + $125,700
$156,100
2013
$2,957 (−7.4%)
$30,400 + $119,600
$150,000
2012
$3,193 (−15.5%)
$33,700 + $127,300
$161,000
2011
$3,779
$37,800 + $156,100
$193,900
Public record
Public record
Zoning
Beds
9
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
0.31 Acres
Year renovated
—
Finished Sq. Ft.
4,125
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,125
Year built
1915
Style
Multi-Family (2-4 Unit)
County
Hampden County
APN
2596990
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
RES B
Urban Residential District
Medium density residential, primarily single-family and twofamily
Permitted uses
Include but are not limited to:
Agriculture
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Other
Historical weather
Springfield, MA • 01107
Average low and high temperatures (°F)
32
18
35
19
52
31
63
41
71
50
83
61
88
67
83
59
77
55
66
44
52
34
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 104 Narragansett St
$470,131
$1,131 over list price of $469K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $400K to $540K.