Opportunity awaits in this spacious two-family property offering flexible living arrangements and strong income potential. The units feature a desirable open-concept layout with the kitchen flowing into the dining and living areas, three bedrooms, a full bathroom, and a pantry for additional storage.The second-floor unit includes interior access to a partially finished third floor, providing additional living space with a heated room and a second full bathroom—ideal for extended family, home office space, or future expansion possibilities. Additional features include a detached two-car garage, separate utilities per unit, and a small fenced yard for outdoor enjoyment.The property is in need of an exterior paint job & the original asbestos-wrapped boiler remains in service and will likely require replacement. This property is ideal for a buyer looking to earn some sweat equity.
Exceptional investment opportunity in Springfield,MA! 683-687 State Street features 17 units, including 15 residential apartments and 2 commercial spaces. The unit mix consists of (9) one-bedroom, (2) two-bedroom, and (4) three-bedroom apartments, with all but two units updated within the past 24 months. The property currently has one vacant 3-bedroom unit and two vacant commercial spaces, creating immediate upside potential. One commercial space offers over 2,600 sq. ft. and is ideal for a laundromat, retail, office, or other business use. Ownership pays heat and hot water, while tenants pay their own electric (separately metered). Ten of the 15 residential units are subsidized, providing stable rental income.The property currently generates approximately $19,000 per month in gross rental income, with upside still available. Excellent cash flow and value-add opportunity. Don't miss out!
This well-maintained two-family property presents an excellent opportunity for both owner-occupants and investors alike. Featuring one vacant unit and one leased unit, this property offers immediate income potential with the flexibility to move right in, house hack, or expand your investment portfolio. Freshly updated with light, neutral paint tones and brand-new carpeting in the bedrooms, the vacant unit is move-in ready and provides a bright, inviting atmosphere. Whether you're looking to live in one unit while offsetting your mortgage with rental income from the other, or seeking a turnkey income-producing property, this versatile multi-family delivers plenty of possibilities.
Rented two-family in Springfield's Forest Park neighborhood. Second floor unit has walk-up access to partially finished attic/third floor. Vinyl siding and many windows replaced. Enclosed front porches. Back yard space with detached garage. Good investment opportunity. Can be sold as package with another nearby two-family at 634-636 Dickinson Street, Springfield, MLS #: 73538509.
Rented two-family in Springfield's Forest Park neighborhood. Vinyl siding and many windows replaced. Good investment opportunity. Can be sold as package with another nearby two-family at 21-23 Draper Street, Springfield, MLS #: 73538511.
Investment Opportunity in Springfield! Spacious 2-family home offering 6 bedrooms and 2 full bathrooms, perfect for investors looking to build equity. Both units provide generous living space and strong income potential. While some updates are needed, this property offers a fantastic opportunity to add value and maximize returns. Conveniently located near shopping, schools, public transportation, major highways, and local amenities. Whether you're expanding your portfolio or looking for a property with rental income potential, this is one you won't want to miss! OFFER DEADLINE 5/20 Seller reserves the right to accept offer at any time. More pictures will be provided.
20 years new Duplex (44'x26'x2') with full length, farmers front porch and individual rear decks. Property has numerous recent updates and is vacant for investor and owner occupants. Each unit has 1188 SF+- and added potential space to expand both sides in each beautiful, unfinished basement with full sized windows. Newer appliances in both units, newly paved parking area. Both kitchens recently restored and will further feature granite counters (installation by 7/1/26+-). Last house on dead end street. Attention investors and savvy homeowners: each unit has individual water meters allowing for all utilities to be paid by occupants on each side. Both units have been meticulously refurbished throughout. Pull down stairs to attic on both sides (strictly storage). Turn key condition; built in 2006 means no Lead paint! Delivered vacant means fresh start for new owner. This is a duplex built the way a duplex should be built! Call Listing Broker with questions regarding attached plans.
Strong investment property. This downtown Springfield investment property offers a $5,500+ monthly rent roll. The property consists of a joisted masonry building containing one 3BR apartment, one 5BR apartment, and ten garage bays that lease at a monthly rate of $150 each. Apartments feature a sunroom, and the 5BR apartment also has an office. The apartments are bright with renovated kitchens and a combination of hardwood and laminate flooring. The NOI is $53,079 and the cap rate is 13.3%. Located nearby to the Springfield FD Headquarters, the property offers access to major highways I-91, I-291 & I-90 (the Mass Pike); as well as area hospitals (under two miles to Baystate Medical Center and approximately one mile to Mercy Medical Center). The property is situated close to Springfield’s CBD, nearby to MGM Springfield and the Basketball Hall of Fame, within a 30 minute drive time of UMass Amherst and the Five College Area.
This well-maintained 2-family home offers two 2-bedroom units, each featuring hardwood floors, a bright living room, gas heat, and a sun-filled dining room. Perfectly located just one traffic light from Highway 291, makes commuting effortless. This property also includes a two-car garage and additional off-street parking. Situated in a highly convenient central location, you're minutes from shopping, restaurants, churches, and everyday amenities. These fully rented units, one of which has a tenant who has been there for over 25 years, makes this a turnkey income-producing property, this home delivers excellent value, all. A true gem in East Springfield. Don’t miss this one! No showings until Open House This Sunday June 14, 2026 at 12pm to 1:30pm.
Welcome to 52 Acushnet Street, a well-maintained multifamily property offering an exceptional investment opportunity in Springfield. This spacious two-family home features two large units, each offering 3 bedrooms and 1 full bathroom, providing strong rental appeal and consistent income potential. The property is fully occupied, making it an ideal turnkey investment for those looking to generate immediate cash flow. Adding even more value is the fully renovated finished third-floor apartment, offering additional living space and increased income potential. Conveniently located near shopping, schools, public transportation, parks, and major highways, this property is well-positioned to attract and retain tenants. Whether you’re an investor seeking a strong-performing asset or an owner-occupant looking to offset your housing costs with rental income, this versatile property delivers the perfect combination of space, income potential, and long-term value.
Welcome to 130-132 West Alvord Street, a well-maintained two-family property located in a desirable Springfield neighborhood. This turnkey multifamily home presents an outstanding opportunity for investors seeking strong cash flow or owner-occupants looking to offset their mortgage with rental income. Major updates have already been completed, including a newer roof, updated windows, and two newer boilers, providing added value and peace of mind. Both units will be delivered vacant at closing, offering immediate flexibility for a new owner to occupy or lease at market rent. Conveniently located near schools, shopping, restaurants, public transportation, and major highways, this property offers both comfort and convenience for tenants and homeowners alike. Whether you’re expanding your investment portfolio or purchasing your first multifamily property, this income-producing home combines solid rental potential, key mechanical updates, and a prime location.
Discover the perfect blend of investment potential and flexibility at 59-61 Carlisle Street! Located in Springfield’s highly desirable Upper Hill neighborhood, this versatile multi-family home is ideal for savvy investors or multi-generational living. The property features a classic two-family layout: the first and second floors are 3-bed, 1-bath units, complemented by a third-floor in-law studio. Enjoy peace of mind with recent mechanical updates, including a 5-year-young furnace and a brand-new electric water heater, plus separate utilities for easy management. Outside, a detached two-car garage offers secure off-street parking, a workshop, or extra storage. Superbly located, you'll have effortless access to Route 91 and the Mass Pike, and you're just a quick drive from AIC, MGM Casino, MassMutual & shopping. This Upper Hill gem delivers function and convenience in one package. Schedule your tour today and explore the possibilities!
Well-maintained 2-family offering strong owner-occupant or investment potential. This versatile property features two spacious floors, each providing 3 bedrooms and comfortable living areas. The first-floor unit also has a bonus room, perfect for a home office or den. Adding to the property's flexibility, the basement features three finished rooms that can be utilized for recreation or bedrooms. You will also find another full bathroom. A two-car garage provides convenient parking and additional storage options. Whether you're looking to generate rental income, live on one floor while renting the other, or expand your investment portfolio, this multi-family property offers plenty of possibilities with separated utilities. Conveniently located near local amenities, shopping, dining, and commuter routes, this is an excellent opportunity to own a well-maintained property with income potential. Don't miss your chance to make this versatile property your next investment or home.
Welcome to a terrific opportunity to own an exceptionally maintained 2-family home in one of Springfield’s most desirable locations. Pride of ownership & seconds from the East Longmeadow line. Conveniently located near major highways, schools, shopping, restaurants, & parks, this property offers the perfect blend of lifestyle & location. Meticulously cared for inside and out, extensive improvements have been made recently with attention to every detail. Exterior updates include the roof, windows, siding, and porches, creating outstanding curb appeal and low-maintenance ownership. The property also features a detached 2-car garage and a clean, fenced backyard ideal for outdoor enjoyment. Each spacious unit offers 3 bedrooms w/ enclosed front porches that provide additional space filled w/ natural light. The first-floor unit is vacant & move-in ready, featuring new flooring, an open eat-in kitchen w/ abundant cabinetry, & a full complement of appliances. This home is a true stand-out .
Welcome home to this well maintained 2 Family waiting for its new owner. It features updated kitchens, bathrooms, heating systems, hardwood flooring in most of the bedrooms, dining and living room area combined, replacement windows throughout including the basement. 1st floor unit offers: 3 bedrooms, 1 full bath a side porch to enjoy Summer morning coffee or tea; 2nd floor unit features 5 bedrooms : two on the second floor with a full bath and three on the finished attic with wall to wall carpet and a private porch. This home has two driveways one on the left side to accommodate 1-2 cars, and on the right side a driveway long enough to fit 5 cars, plus a 2 car garage and fenced in yard. First floor unit will be vacant at closing. Sweet investment for the owner occupied buyer or investor! Showings start on Friday June 12th. Scheduled your appointment today! HIGHEST & BEST OFFER DUE SATURDAY, JUNE 20th @ 1:00PM
Fully renovated historic fire house now offered for sale in East Forest Park. 1 residential unit upstairs and 1 commercial unit on the ground level but there are lots of options for different uses/adjustments. High ceilings, giant windows, lots of natural light everywhere. Also has approx 2000 sq ft in the basement for storage and mechanicals. First floor to be vacant. Please do not disturb tenants.
Excellent opportunity for investors! This fully rented three-family investment property features long-term tenants and offers 3,075 square feet of living space with a total of 15 rooms, 9 bedrooms, and 3 full bathrooms. Each unit has separate utilities. Current rents are below market value, offering strong potential for increased cash flow. Conveniently located near shopping, restaurants, parks, medical facilities, and major commuter routes.
Discover a unique opportunity at this 2-multi-family located at 50-52 Balis St, Springfield, MA. This expansive residence offers plenty of living space with a fenced backyard for privacy and family gatherings. Many updates throughout, including a new roof replaced in 2025, a renovated enclosed porch/siding in 2026, and many other updates. With eight bedrooms spread across the property, it provides ample private retreats for multiple occupants. Each of the three full bathrooms offers essential convenience and functionality, designed to support the demands of a multi-family dwelling. Situated on a generous 4643 square foot lot, this property offers both interior spaciousness and outdoor potential. This is an exceptional offering that invites a closer look at its possibilities. Don't miss the opportunity to take this gem as an income property or owner-occupied.
Prime Mixed-Use Investment Opportunity! 704-708 Sumner Ave offers a unique opportunity to own a mixed-use property with both commercial and residentialincome potential. The street-level commercial space features excellent frontage, prominent signage, multiple offices, reception and waiting areas, making it idealfor professional, medical, retail, or service-based businesses. Above, residential apartments provide additional income and long-term investment value. Theproperty offers off-street parking, separate utilities, multiple electrical panels, 15 year old roof and a flexible layout suited for owner-occupants and investors alike.Earning $4,700 per month rental income, there is room to increase rents to market rent. Its classic brick exterior provides timeless curb appeal while its high-trafficlocation ensures outstanding visibility. Conveniently located near Forest Park, MGM Springfield, downtown Springfield, & major highways including I-91 & the MATurnpike.
Excellent opportunity for investors or owner-occupants to own this updated three-family property in Forest Park. This home features upgrades, with much of the heavy lifting already completed for the next owner, including a brand-new roof installed in 2025. The third- and second-floor units have been significantly improved with new flooring and updated bathrooms. The kitchens in these units also boast new custom cabinetry, new countertops, a range, and a refrigerator. Three bedrooms on the first and second floors and 2 bedrooms on the third floor. Each unit has separate utilities, with forced-air gas heat for the lower floors and electric heat for the third floor. Fenced yard for privacy and a spacious backyard for get-togethers and summer barbecue. This vinyl-sided building is located just minutes from Forest Park, local shopping, and public transportation. Showings are available by appointment
OPEN HOUSE SAT 6/6 11:30-12:30pm. Welcome to 201 Main Street in Indian Orchard! A fantastic investment opportunity! This three-family home offers spacious 3-bedroom units on each floor, with one vacant unit ready for an owner-occupant or new tenant. Each apartment features generous layouts, separate utilities, and strong rental potential, making this property a true cash cow. Conveniently located near bus routes, shopping centers, and local amenities, this multifamily is just a 5-minute drive to Boston Road’s new Springfield Crossing Center, offering easy access to restaurants, retail, and more. Whether you’re looking to expand your portfolio or live in one unit while tenants help pay the mortgage, this property is a smart and strategic choice. Don’t miss out on this income-producing gem in a prime Springfield location!
Welcome to 108 Marble Street, Springfield, MA—a fantastic multi-family opportunity for investors and owner-occupants alike. This well-maintained property offers spacious units with bright living areas, functional kitchens, generous bedrooms, and strong income potential. Ideal for rental income, multi-generational living, or building long-term wealth through real estate. Conveniently located near downtown Springfield, MGM Springfield, Baystate Medical Center, Springfield College, Western New England University, Forest Park, and the Basketball Hall of Fame. Easy access to I-91, I-291, Route 20, Union Station, shopping, restaurants, and public transportation makes this property highly desirable for commuters and tenants. Off-street parking and outdoor space add to the appeal. Don't miss this excellent income-producing property in a prime Springfield location.
Welcome to 64 Thompson Street, Springfield, MA—a fantastic two-family property offering flexibility, income potential, and value. Featuring 6 bedrooms and 2 full bathrooms across two spacious units, this property is ideal for investors seeking strong rental income or owner-occupants looking to offset their mortgage with tenant revenue. Each unit offers comfortable living space, functional layouts, and ample room for today's lifestyle. Conveniently located near downtown Springfield, MGM Springfield, Baystate Medical Center, Springfield College, Western New England University, Forest Park, and the Naismith Memorial Basketball Hall of Fame. Easy access to I-91, I-291, Route 20, Union Station, shopping, dining, and public transportation makes this an attractive location for commuters and tenants alike. A great opportunity to build equity and generate income in one of Springfield's established neighborhoods.
INCREDIBLE OWNER-OCCUPANT INVESTMENT OPPORTUNITY! Spacious vinyl-sided 3-family with separate utilities, separate meters, and functional layouts. Ideal for investors or owner-occupants looking to offset their mortgage with rental income. Conveniently located near local amenities, shopping, restaurants, and major routes. Each unit offers 2 bedrooms, with potential for 3-bedroom use on the 1st and 2nd floors. The 1st-floor unit is currently being used as a 3-bedroom. Unit 2 is vacant, while the 1st and 3rd floor units are rented on month-to-month leases. Seller states the 1st-floor tenant is long-term. Features include laundry hookups on the 1st and 2nd floors, seller states updated electrical in (2024) with three 100-amp circuit breaker panels, wood laminate and tile flooring throughout, ceiling fans, laminate countertops, and a recently replaced 1st-floor hot water tank. Don’t miss your chance to own this fantastic income-producing property!
Rare opportunity to own one or two side by side duplexes. 16-18 Daniel Street and 26-28 Daniel Street are listed separately with off street paved parking area between duplexes. Each duplex has one unit vacant and ready to occupy. All Units have a refrigerator, stove, and hookups for washer and dryer in separated basements. Each unit has spacious kitchen with eat in area, large bright living room, two large bedrooms upstairs with full bathroom. 16-18 Daniel has a larger back yard with lots of potential. Long term tenant on left side of each Duplex to remain with sale.
Springfield is located in Massachusetts. Springfield, Massachusetts has a population of 155,770. Springfield is less family-centric than the surrounding county with 19.09% of the households containing married families with children. The county average for households married with children is 23.64%.
The median household income in Springfield, Massachusetts is $43,308. The median household income for the surrounding county is $61,310 compared to the national median of $69,021. The median age of people living in Springfield is 33.5 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 46.3 inches per year, with 40.2 inches of snow per year.
