
81 Adams St Springfield — Photo 1 of 42
$375,000
Investment Analysis — 81 Adams St
Springfield, MA 01105
Based on rent reported on the MLS listing, a 2-unit multi-family in 01105 carries $2,200/mo in gross rent — about a 4.77% cap rate and $17,874/yr in estimated NOI at the $375,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
3
SqFt
3,036
Style
Multi Family
Built
1893
Fantastic opportunity to own a freshly renovated two-family property offering the perfect combination of modern updates, rental income, and long-term investment potential! Whether you're looking to owner-occupy or expand your real estate portfolio, this property is ready to impress. Unit 1 is conveniently vacant and features 3 spacious bedrooms, making it an ideal option for an owner-occupied buyer. Enjoy a beautifully updated kitchen complete with new custom cabinetry, stone countertops, and updated appliances. Move right in and let the rental income from the second unit help offset your monthly mortgage payment! Unit 2 is currently rented and generating great income. This unit has also been updated with a new kitchen featuring stone countertops and updated appliances, plus the added convenience of 2 full bathrooms. An oversized solar system provides substantial energy production, adding another valuable feature to this income-producing unit. Both units benefit from younger heating systems and water heaters, helping reduce concerns over major mechanical expenses. With extensive renovations already completed, this property offers an attractive opportunity to step into multifamily ownership at an affordable price point. Live in one unit and rent the other, or add a turnkey income-producing property to your investment portfolio. With updated interiors, existing rental income, solar energy, and major systems already improved, this two-family offers tremendous potential for both today's buyer and tomorrow's investor. Don't miss this opportunity!
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.
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Microwave • ENERGY STAR Qualified Refrigerator • Range
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Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
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Property History
$375,000
Sep 8, 2026
MLS® 73573608
$68,000
Apr 18, 2010
MLS® 70920340
$68,000
May 18, 2009
MLS® 70920340
Listing Agent: Patriot Living Group
Listing Office: Lock and Key Realty Inc.
MLS® Number: 73573608
