10 Monroe St, Springfield MA 01109
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36 photos

$440,000

10 Monroe St, Springfield MA 01109
Springfield, MA 01109
Listed by Nicole Flamand
Bedrooms
6
Bathrooms
2
Living area
1,910 sqft
Year built
1910

About this home

Excellent investment opportunity! This fully rented two-family property offers immediate rental income with leased tenants already in place. The current total monthly rental income is $4,800. The property features a low-maintenance yard, making upkeep simple and cost-effective. An added bonus is the potential to create a third-floor unit, subject to obtaining the necessary city permits and approvals, providing an opportunity to increase future cash flow. Whether you're looking to expand your investment portfolio or secure an income-producing property, this is one you won't want to miss.

Property details

MLS #
73548440
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
40
On market date
July 12, 2026
Stories
3
Garage spaces
N/A
Lot size
0.04 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
William N. DeBerry
0.11 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
236
Student:teacher ratio
8.7:1
District
Springfield
Middle
Springfield Public Day Middle School
0.56 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
38
Student:teacher ratio
3.8:1
District
Springfield
HighCharter
Phoenix Academy Public Charter High School Springfield
0.41 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
175
Student:teacher ratio
19.4:1
District
Phoenix Academy Public Charter High School Springfield (Dist

Mortgage calculator

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Est. monthly payment
$2,800/mo
$88,000 down
$352,000 loan
Principal & interest$2,283
Property tax (est.)$367
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 20, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.