Investment Analysis — 580 Main St

West Springfield, MA 01089

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for the units it does not cover, a 3-unit multi-family in 01089 carries an estimated $4,040/mo in gross rent — about a 6.42% cap rate and $32,124/yr in estimated NOI at the $499,987 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,773

Style

3 Family

Built

1895

Opportunity awaits in West Springfield with this well-positioned 3 unit multi-family offering an excellent opportunity for both owner-occupants and investors! The vacant third-floor unit has been freshly updated and is move-in ready, featuring new flooring, fresh paint throughout, new bedroom carpeting, an updated kitchen and bathroom, and stylish finishes throughout. The kitchen showcases sleek stainless steel appliances, quartz countertops, and a beautiful tile backsplash, creating a fresh and modern feel.For the savvy owner-occupant, this property offers the potential to house hack—live in the updated third-floor unit while using the rental income from the first and second floors to help offset your monthly expenses. Investors can also take advantage of the opportunity to add a refreshed unit to an income-producing property. Whether you're looking to build your portfolio or make your next investment work for you, this West Springfield multi-family is worth a look. Schedule your showing today!

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 MLS and other third-party data may be inaccurate or out of date.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