Active Under Contract

14 Days on market

46 Rush St Springfield — Photo 1 of 40

$279,900

Investment Analysis — 46 Rush St

Springfield, MA 01109

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01109 carries an estimated $2,180/mo in gross rent — about a 5.97% cap rate and $16,713/yr in estimated NOI at the $279,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,689

Style

Single Family

Built

1914

Welcome home to this charming, well-maintained residence where pride of ownership shines! Relax on the inviting screened-in front porch before stepping into the spacious living room with natural wood floors and a cozy fireplace. Original character abounds with warm natural woodwork, built-ins, and a formal dining room featuring built-in window seating. The unique kitchen offers plenty of cabinet space - while the full basement provides abundant storage, a space for hobbies, and much more! Tucked away at the end of the street, the property also includes TWO additional lots, plus a partially fenced yard for pets or play.. extra outdoor space with exciting potential! This is definitely worth the look. Clean, solid, spacious, and filled with character - this home is ready for its next owner to add their personal touch and create new memories!

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: 845 sq ft (the lesser of 900 sq ft or half the 1,689 sq ft principal dwelling). Lot size: 5,462 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.

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