Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

120-122 Central St

Springfield, MA ID #73501818

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120-122 Central St

- Springfield, MA ID #73501818

Property Description

120–122 Central Street presents a rare opportunity to acquire a 16-unit asset in a prime Springfield location, just minutes from the Naismith Memorial Basketball Hall of Fame and MGM Springfield. Perfect for a 1031 exchange this property features a strong unit mix of (7) two-bedroom apartments and (9) one-bedroom apartments, catering to a wide tenant base.With gross rents exceeding $22,000 per month, this building offers immediate cash flow and solid investment performance. All 16 units have lead certificates, providing added compliance and peace of mind for ownership.Positioned in a high-demand rental area with close proximity to major attractions, employment centers, and amenities, with a large off street parking lot this is a turnkey opportunity for investors looking to scale their portfolio with a stabilized, income-producing asset.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Up/Down
  • Zip Code: 01105
  • Taxes: 20,977
  • Levels: 5
  • Acres: 0.27

Parking

  • Garage Capacity: 10
  • Parking: Paved Drive, Off Street, Driveway, Paved
  • Parking Spaces: 10

Rooms/Dimensions

  • Total Units: 16
  • Total Floors: 5
  • Total Rooms: 55

Location

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120-122 Central St, Springfield, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Andrew Rodman of Lock and Key Realty Inc.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.