Active

56 Days on market

19-21 Rutledge Ave Springfield — Photo 1 of 39

Recent Drop: $10,000

$460,000

$450,000

Investment Analysis — 19-21 Rutledge Ave

Springfield, MA 01105

Based on rent reported on the MLS listing, a 3-unit multi-family in 01105 carries $4,500/mo in gross rent — about a 7.79% cap rate and $35,060/yr in estimated NOI at the $450,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

4,411

Style

3 Family

Built

1896

NEW ROOF, NEW DRIVEWAY, 2 NEW GAS HOT WATER TANKS, NEW PORCH, ONE VACANT UNIT AND MORE! Welcome to 19–21 Rutledge Ave! A well-maintained 3-family offering a fantastic opportunity for investors and owner-occupants alike. Each of the three units offers 2 bedrooms and generous open layouts, creating comfortable living spaces and strong rental appeal. With major exterior and mechanical updates already completed, plus a remodeled vacant unit, this property offers an excellent opportunity to add to your portfolio or owner-occupy while generating rental income. Conveniently located near major highways, shopping, dining, and everyday amenities, this property offers both convenience and income potential. A 3-family with this combination of updates, space, and opportunity is a must-see!

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 MLS and other third-party data may be inaccurate or out of date.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