173-175 Johnson Street Springfield — Photo 1 of 32
$649,900
Investment Analysis — 173-175 Johnson Street
Springfield, MA 01108
Based on rent reported on the MLS listing, a 2-unit multi-family in 01108 carries $3,250/mo in gross rent — about a 3.66% cap rate and $23,755/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2
SqFt
3,300
Style
2 Family - 2 Units Side by Side
Built
1901
Welcome to 173-175 Johnson Street! This excellent investment opportunity features two single-family homes plus a large detached garage building with ample parking and storage. Both homes are currently rented month-to-month and offer a similar layout with a living room, kitchen, dining room, three bedrooms, and a full bathroom. Property features include hardwood flooring, decks, gas heat, vinyl siding, and wood kitchen cabinetry. One home also offers a partially finished basement with two additional rooms and a bathroom, providing valuable bonus space. The rear garage building features eleven garage doors accommodating up to sixteen vehicles, plus a second floor ideal for additional storage. With multiple income-producing components and plenty of potential, this property is a unique opportunity for an investor or owner looking to expand their portfolio. Don’t miss your chance to own this versatile property!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Listing Agent: Nikolay Yusenko
Listing Office: Class Realty, Inc.
MLS® Number: 73573548
