Investment Analysis — 130 Myrtle St

Springfield, MA 01151

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-unit multi-family in 01151 carries an estimated $4,580/mo in gross rent — about a 9.40% cap rate and $37,576/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,400

Style

Multi Family

Built

1893

Discover a unique opportunity at 130 Myrtle St in Springfield, MA. This multi-family property spans 2400 square feet, offering a distinctive blend of historical character and contemporary potential across its two stories. With six generously sized bedrooms, this property provides ample space for comfortable living arrangements, whether for an expansive household or as a strategic income-generating asset. The two full bathrooms are thoughtfully positioned to serve the needs of all residents, ensuring convenience and privacy. The substantial 6599 square foot lot offers considerable outdoor space for various activities, from gardening to entertaining, providing a private retreat within the city. To truly appreciate the potential and charm of this Springfield address, we invite you to schedule a private viewing.

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 MLS and other third-party data may be inaccurate or out of date.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