Active

76 Days on market

52 Lebanon St Springfield — Photo 1 of 42

Recent Drop: $5,100

$269,000

$263,900

Investment Analysis — 52 Lebanon 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 6.60% cap rate and $17,420/yr in estimated NOI at the $263,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

1,289

Style

Single Family

Built

1910

Located in an established Springfield neighborhood, this single-family home offers a practical layout and great potential for first-time buyers, investors and others. The interior features functional living spaces with classic design elements and large windows that bring in steady natural light. A spacious kitchen provides ample cabinet storage and room for everyday meal prep, transitioning easily into the adjacent dining area. The bedrooms are comfortably sized, offering cozy private retreats. The semi-finished basement is a bonus with nontraditional options. Outside the property includes an extremely manageable yard, and off-street parking on a freshly paved driveway leading to the detached two-car garage adding essential urban convenience. Positioned just minutes from American International College and Springfield College, local parks, shopping, and public transit, this home provides a central location with easy access to major commuter routes like I-91, Route 20, I-291 and of course the Masspike.

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: 645 sq ft (the lesser of 900 sq ft or half the 1,289 sq ft principal dwelling). Lot size: 3,646 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.