Active

52 Days on market

58 Euclid Ave Springfield — Photo 1 of 39

Recent Drop: $20,000

$549,900

$529,900

Investment Analysis — 58 Euclid Ave

Springfield, MA 01108 — Forest Park

Based on rent reported on the MLS listing, a 2-unit multi-family in 01108 carries $5,000/mo in gross rent — about a 7.64% cap rate and $40,459/yr in estimated NOI at the $529,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,514

Style

Multi Family

Built

1910

Fully vacant and renovated 8 bed, 4 full bath spacious two-family in Forest Park ready for owner occupant or investor. Owner to occupy one unit while generating rental income from the other—or an investor to add a fully renovated asset to their portfolio. FIRST FLOOR: 3 bedrooms + 2 full bathrooms, including an oversized primary bedroom with private bath and generous wall-to-wall closet space. SECOND/THIRD FLOOR: 5 bedrooms + 2 full bathrooms with additional flex space. Both units feature gleaming hardwood floors, brand-new kitchens with custom cabinetry, quartz countertops, tiled backsplashes, stainless-steel appliances, renovated bathrooms, and laundry hookups. The major capital improvements have already been completed, including: New electrical service, wiring, meters & panels, New plumbing throughout, New vinyl windows & siding, New interior & exterior doors, New front & side porches, New gas central heating & central air systems with new ductwork, New gas lines & hot water tanks, Newer roof, Hardwired smoke detectors, 2026 Lead Certificates for both units. No tenants to relocate. No renovation project to take on. The property is vacant and ready for its next owner. Whether you’re looking to house hack, live in one unit and rent the other, accommodate extended household needs, or expand your investment portfolio, 58 Euclid Ave offers the space and improvements to make the strategy possible. Schedule your private showing and see the property for yourself.

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.