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About this home
Excellent investment opportunity at 111 Marlborough Street in Springfield! This beautifully renovated 4-bedroom, 2-full-bath home offers immediate rental income with an existing tenant paying $2,625 per month and responsible for all utilities. Generating $31,500 in annual gross rental income, this property is an attractive addition to any investment portfolio.Major improvements include a new roof, updated electrical and plumbing systems, and extensive interior and exterior renovations. The home features a spacious layout, an updated kitchen with stainless steel appliances, an enclosed front porch, and a large private backyard.Located on a quiet residential street with convenient access to shopping, dining, schools, and other local amenities. This property combines modern updates, strong rental income, and long-term investment potential. An excellent opportunity for investors seeking an income-producing property with significant capital improvements already completed. Schedule your showing today!
Upper Hill, located between Downtown Springfield and Forest Park, is a residential and institutional Springfield neighborhood with hillside streets and landmark civic buildings. The neighborhood’s character concentrates around the State Street and Belmont Avenue corridor, where corner markets, takeout counters, and small storefronts line the busier blocks. The Springfield Museums campus and the Dr. Seuss National Memorial Sculpture Garden act as cultural anchors with a strong sense of place. Nearby, Symphony Hall adds a formal note to evenings on the hill. Housing ranges from older multifamily homes to compact apartment buildings, with mature trees and stone retaining walls shaping the streetscape. Views open toward the Connecticut River valley from higher elevations.
Provided by Walk Score and Local Logic
Market insights
111 Marlborough St · $269,900
DAYS ON MARKET
1 days
The average home goes pending in 24 days.
SALE-TO-LIST
101.5%
Most homes are selling 2% above list price.
LIST PRICE
$269,900
Median sale price in this area is $367,490. (36% higher than this home)
PRICE DROP
0 price drops
25% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Interior features
Storm doors
Insulated windows
Full, unfinished basement with walk-out access and concrete construction
Bathrooms
2 full bathrooms
Kitchen
Range, microwave, freezer, ENERGY STAR refrigerator, cooktop, ENERGY STAR rangetop, oven
Laundry & utility
Washer hookup
Electric dryer hookup
Flooring
Wood and wood laminate flooring
Heating & cooling
Forced-air natural gas heating
Window-unit cooling
Exterior features
Enclosed porch
Roofed wood deck
Fenced yard
Garden
Rain gutters
Public road frontage
Home design
Single-family residence
Parking
Four open parking spaces
Paved, off-street parking
Construction
Frame and stone construction
Concrete perimeter foundation
Shingle roof
Utilities
Public water
Public sewer
220-volt electricity with circuit breakers
HOA & community
Sidewalks
Electricity and solar
View estimated energy costs and solar savings for this home
Buyer to pay a $75 doc fee at closing. Sold as is. Pre-quals on all offers. *** Any and all offers are contingent upon receipt of a fully executed and mutually acceptable Purchase & Sale agreement. Including any and all of the seller's addendums. The acceptance of good faith monies in escrow without an executed P&S Agreement does not bind the seller.
Public Records
Mar 3, 2006
Sold
$120,000
$106/sq ft
MLS PIN #30453789
Apr 30, 2001
Sold
$26,000
$23/sq ft
Oct 16, 2000
Listed
$37,500
$33/sq ft
SPFLD'S. BEST DOLLAR FOR DOLLAR VALUE! LAV ON 1ST. FULL BATH ON 2ND. EAT-IN KITCHEN. $15,000 BELOW ASSESSED VALUE. IF YOU HAVE FIRST TIME BUYERS? DO THEM A TERRIFIC FAVOR, SHOW THEM THIS ONE. IT REALLY WILL NOT LAST!
Year
Property tax
Land + Additions
Assessment*
2023
$2,730
$27,000 + $133,100
$160,100
2022
$2,729 (+10.8%)
$25,300 + $119,700
$145,000
2021
$2,463 (+10.6%)
$17,900 + $112,400
$130,300
2020
$2,226 (+13.8%)
$17,900 + $96,100
$114,000
2019
$1,956 (+1.5%)
$15,300 + $84,100
$99,400
2018
$1,927 (+3.8%)
$15,300 + $82,600
$97,900
2017
$1,856 (+9.5%)
$14,400 + $80,000
$94,400
2016
$1,695 (−3.9%)
$14,400 + $71,800
$86,200
2015
$1,764 (−6.9%)
$14,400 + $75,300
$89,700
2014
$1,894
$23,000 + $73,100
$96,100
2013
$1,894 (−4.8%)
$23,000 + $73,100
$96,100
2012
$1,989 (−0.5%)
$23,000 + $77,300
$100,300
2011
$2,000
$27,400 + $75,200
$102,600
Public record
Public record
Zoning
Beds
3
Baths
1.5
Stories
2
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,131
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,131
Year built
1918
Style
Single Family Residential
County
Hampden County
APN
2594424
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 • 01109
Average low and high temperatures (°F)
32
17
35
18
52
31
62
41
70
50
83
61
86
66
83
59
78
55
66
44
52
34
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 111 Marlborough St
$271,040
$1,140 over list price of $270K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $265K to $280K.