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195 Ambrose Springfield — Photo 1 of 25

195 Ambrose Springfield — Photo 1 of 25

$274,900

Investment Analysis — 195 Ambrose

Springfield, MA 01109

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01109 carries an estimated $1,780/mo in gross rent — about a 4.68% cap rate and $12,862/yr in estimated NOI at the $274,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,000

Style

Single Family

Built

1923

Location, location, location! Welcome to 195 Ambrose Street, ideally situated in a sought-after Springfield neighborhood with a wonderful residential feel. This move-in-ready ranch is a great opportunity for a first-time homebuyer or anyone looking to downsize and enjoy the convenience of one-level living.Step inside to a bright and inviting home filled with abundant natural light. The home features a spacious eat-in kitchen, perfect for everyday meals and gathering with family and friends. An impressively large primary bedroom offers plenty of space, along with a second bedroom located just off the living room.One of the property's standout features is the beautiful, expansive yard—ideal for family gatherings, summer barbecues, gardening, pets, entertaining, or simply relaxing outdoors. The generous lot also provides possibilities for future expansion, whether building up or out, subject to local zoning and approvals.Enjoy living in a great walking neighborhood, perfect for an evening stroll or walking the dog, while still being conveniently located near everyday amenities.With its desirable location, one-level living, eat-in kitchen, oversized primary bedroom, abundant natural light, and fantastic yard, 195 Ambrose Street has so much to offer!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 500 sq ft (the lesser of 900 sq ft or half the 1,000 sq ft principal dwelling). Lot size: 7,501 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.

Property Details

Financials

Original Price$274,900
Annual Taxes$3,372

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms5
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningR1

Property & Lot

Acres0.17
SqFt Lot7,501
Lot FeaturesCleared, Level

Amenities & Appliances

Gas Water Heater • Range • Microwave

Neighborhood

Public Transportation • Walk/Jog Trails • Public School

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBedroom 2
Living Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl First
Bedroom 2
Lvl First
Listing Provided By

Listing Agent: Derek Fergus

Listing Office: Derek Fergus

MLS® Number: 73585244