
140 Chestnut St #319 Springfield — Photo 1 of 39
Recent Drop: $17,000
$98,000
140 Chestnut St #319, Springfield, MA 01103
Springfield, MA 01103
Beds
2
Baths
1
SqFt
760
Style
Condominium
Built
1910
The seller is offering a 2500$ credit to the buyer. Investor Alert! Rarely can you purchase a cash-flow-focused condo for under $125,000 in today's market. This investor-friendly property offers no long-term rental restrictions, giving you the flexibility to maximize your investment strategy. Well-suited for Section 8, HomeBASE, and other voucher programs, it provides access to a strong and consistent tenant pool. The HOA includes heat, hot water, Wi-Fi, seasonal A/C, water, trash, and common area maintenance, helping keep operating expenses low and cash flow strong. Ideally located in downtown Springfield near MGM, Union Station, major hospitals, restaurants, and highways, the property benefits from consistent rental demand. Whether you're a first-time investor or an experienced buyer looking to expand your portfolio, this is an affordable opportunity to secure a high-potential, income-producing asset.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Springfield, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Medical Facility • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCedar Closet(s), Flooring - Vinyl, Lighting - Overhead
Kitchen
Lvl FirstFlooring - Vinyl, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook
Master Bedroom
Lvl FirstWalk-In Closet(s), Flooring - Vinyl, Window(s) - Bay/Bow/Box
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
Property History
$98,000
Was $109,000
Aug 18, 2026
MLS® 73549986
$109,000
Was $115,000
Aug 7, 2026
MLS® 73549986
$115,000
Jul 15, 2026
MLS® 73549986
Population
2,477
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$21K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
91.5%
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: Bria Brantley
Listing Office: NextHome Elite Realty
MLS® Number: 73549986
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