Active

130 Days on market

27 Mattoon Street Springfield — Photo 1 of 40

Recent Drop: $22,000

$399,900

$377,900

Investment Analysis — 27 Mattoon Street

Springfield, MA 01105

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01105 carries an estimated $1,900/mo in gross rent — about a 3.30% cap rate and $12,466/yr in estimated NOI at the $377,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

3,204

Style

Single Family

Built

1872

Rarely does an opportunity arise to own a piece of Springfield’s architectural crown jewel. Situated on the iconic, tree-lined Mattoon Street, this stunning 1872 Victorian row house offers a lifestyle of historic grandeur and urban convenience. The approach to this home is one of a kind. The garden level consists of an office and a newly updated charming country-style kitchen with stainless steel appliances. Walk out access to a brick courtyard sanctuary for al fresco dining is an unusual luxury in the heart of the city. A rare off-street parking space accessed through the private courtyard. Step through the impressive double entry door into a parlor, dinning room and powder room level that defines "stately." Two rooms on the third floor can be used as guest rooms, tv room or home offices plus full bath. The primary suite spans the entire fourth floor with sitting room, walk-in closet and full bathroom. Large, original-style windows flood the rooms with natural light.

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: 900 sq ft (the lesser of 900 sq ft or half the 3,204 sq ft principal dwelling). Lot size: 1,638 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.