Investment Analysis — 64-66 Lyons Street

Springfield, MA 01151

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-unit multi-family in 01151 carries an estimated $4,580/mo in gross rent — about a 11.48% cap rate and $36,733/yr in estimated NOI at the $319,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,128

Style

2 Family - 2 Units Up/Down

Built

1925

Opportunity awaits in this spacious two-family home offering generous sized rooms, wood floors, separate utilities, and in-unit laundry in each unit. Both floors feature comfortable living spaces and sizable bedrooms with closet space. The welcoming front porch, detached garage, and an exceptional backyard adds to the property's appeal. The property awaits some updating and is being offered in its current condition, providing an excellent opportunity for an investor, contractor, or owner-occupant. Bring your vision and improvements. There is plenty to build equity and create two attractive rental units.

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 MLS and other third-party data may be inaccurate or out of date.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

No longer available to tour