Active

69 Days on market

13-15 Cass St Springfield — Photo 1 of 40

Recent Drop: $16,000

$425,000

$409,000

Investment Analysis — 13-15 Cass St

Springfield, MA 01104

Based on rent reported on the MLS listing, a 3-unit multi-family in 01104 carries $3,450/mo in gross rent — about a 6.84% cap rate and $27,958/yr in estimated NOI at the $409,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,707

Style

3 Family

Built

1903

Excellent opportunity to own a lead-certified three-family property offering strong income potential and valuable updates. This well-maintained multi-family features two spacious units with three bedrooms each and a third-floor unit with two bedrooms, all offering comfortable living spaces with updated kitchens featuring modern cabinetry and countertops. Major improvements include newer heating systems and updated electrical service, helping to provide peace of mind for years to come. Outside, you'll find a large yard with plenty of space for outdoor enjoyment, along with ample off-street parking adds to the property's appeal for both owners and tenants. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this versatile property is an outstanding opportunity in a convenient Springfield location.

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 MLS and other third-party data may be inaccurate or out of date.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.