Springfield, MA Real Estate Search

Springfield, MA Homes between $800,000 and $900,000 for Sale

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Newest Springfield, MA Homes between $800,000 and $900,000 for Sale

664-668 Page Blvd, Springfield
$849,900
12 Beds ⋅ 6 Baths ⋅ 73589901 MLS
Rare Licensed 12-Room Lodging House + Renovated Tavern/RestaurantUnique opportunity to acquire an established mixed-use income-producing property consisting of a 12-room licensed lodging house and first-floor operating tavern/restaurant.The property currently has approximately $9,700 per month in scheduled base rent, or $116,400 annually, before additional expense reimbursements from the Tavern.A particularly important feature is the property's existing lodging-house license. Ownership considers this license to be an unusually scarce asset in Springfield and believes the licensed use may carry meaningful strategic value in addition to the property's current income stream. Prospective purchasers should independently verify license status, renewal requirements, transferability/change-of-control requirements and any required municipal approvals.The lodging operation also benefits from an established relationship with a local social service organization. The organization regularly places participating clients into available rooms. Caseworkers assist with resident issues, while the organization administers participating residents' funds and handles rent payments on their behalf. Ownership reports that this relationship has historically resulted in very limited vacancy and rapid refill of rooms when they become available.The first-floor Tavern is leased at $1,500 per month base rent, with the tenant also responsible for 50% of real estate taxes and 50% of the property's water expense.Ownership completed a substantial renovation of the restaurant in 2023, investing approximately $300,000 into the space. The interior was substantially renewed, with essentially everything inside new at completion.

664-668 Page Blvd, Springfield
664-668 Page Blvd, Springfield
$849,900
73589897 MLS
Rare Licensed 12-Room Lodging House + Renovated Tavern/RestaurantUnique opportunity to acquire an established mixed-use income-producing property consisting of a 12-room licensed lodging house and first-floor operating tavern/restaurant.The property currently has over $10,000 per month in scheduled rent, over $128,000 annually. A particularly important feature is the property's existing lodging-house license. Ownership considers this license to be an unusually scarce asset in Springfield and believes the licensed use may carry meaningful strategic value in addition to the property's current income stream. Prospective purchasers should independently verify license status, renewal requirements, transferability/change-of-control requirements and any required municipal approvals.The lodging operation also benefits from an established relationship with a local social service organization. The organization regularly places participating clients into available rooms. Caseworkers assist with resident issues, while the organization administers participating residents' funds and handles rent payments on their behalf. Ownership reports that this relationship has historically resulted in very limited vacancy and rapid refill of rooms when they become available.The first-floor Tavern is leased at $1,500 per month base rent, with the tenant also responsible for 50% of real estate taxes and 50% of the property's water expense.Ownership completed a substantial renovation of the restaurant in 2023, investing approximately $300,000 into the space. The interior was substantially renewed, with essentially everything inside new at completion.

664-668 Page Blvd, Springfield
86 Bowdoin St, Springfield
$800,000
11 Beds ⋅ 7 Baths ⋅ 73560940 MLS
Step into Springfield history with this exceptional architect-designed residence located in the National Register and Local Historic Districts in the highly desirable McKnight neighborhood. Beautifully preserved, this turn-of-the-century home, and remarkable architectural details throughout.Offering 17 spacious rooms, 11 bedrooms, 3 full baths, and 4 half baths, plus two former maid’s quarters, this distinctive property seamlessly blends historic elegance with modern updates. The inviting kitchen features newer cabinetry, new flooring, abundant storage, and multiple workspaces, making it ideal for everyday living and entertaining.Enjoy mornings on the expansive covered rear porch or cozy evenings by the fireplace. Thoughtful updates throughout enhance the home’s original character while providing today’s conveniences.This rare property offers exceptional space and flexibility for a variety of residential living arrangements. Buyers are encouraged to verify any intended use, including potential short-term rental or other occupancy options, with local zoning and permitting authorities.An extraordinary opportunity to own one of Springfield’s architectural treasures in one of its most admired historic neighborhoods.

86 Bowdoin St, Springfield
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