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7 Days on market

58-60 Bristol St Springfield — Photo 1 of 42

$450,000

Investment Analysis — 58-60 Bristol St

Springfield, MA 01109

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-unit multi-family in 01109 carries an estimated $4,540/mo in gross rent — about a 7.87% cap rate and $35,425/yr in estimated NOI at the $450,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,834

Style

Multi Family

Built

1919

Great investment opportunity! This well-maintained 2-family multi-unit property offers excellent potential for an investor or owner looking to build long-term rental income. Featuring 8 bedrooms, 2 baths, and 2,616 sq. ft. of living space across 3 floors, the property offers spacious living and dining areas, generous bedrooms, tiled baths, and a finished 3rd floor. Features include **new kitchen cabinets, quartz countertops, freshly sanded and stained hardwood floors, updated circuit breakers, lead certificates, and high-efficiency forced hot-air heat**. Beautiful natural wood adds warmth and character throughout. The property also offers convenient off-street parking for 4 cars. With its spacious layout, desirable updates, and two-unit configuration, this property presents a great opportunity for rental income or owner occupancy. Don’t miss this exceptional multi-family offering!

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 MLS and other third-party data may be inaccurate or out of date.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