Investment Analysis — 75-79 Greene 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 $4,360/mo in gross rent — about a 11.22% cap rate and $36,451/yr in estimated NOI at the $325,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,112

Style

2 Family - 2 Units Side by Side

Built

1988

Opportunity awaits at 75-79 Greene Street. Each unit features 3 bedrooms and 1.5 baths, offering comfortable living space and a functional layout. The full basement provides additional potential for storage or recreation space. Both units are being delivered vacant, providing flexibility for the next owner. Step outside to the backyard on the oversized lot, where there is plenty of room to create an outdoor oasis tailored to your lifestyle. Whether you're looking to owner-occupy, or add a multi-family property to your portfolio, this duplex offers a variety of possibilities. Springfield College, Springfield Technical Community College (STCC) and American International College (AIC) all within 1.5 miles. Situated between current Walnut St. and King St. bus lines, several parks less than .5 miles away, and local eateries. Recent improvements according to owners include a new roof in 2025, Unit #79 has newly installed furnace and a/c unit ( 2025), and new interior stair treads and flooring (2025). Each unit has private basement with laundry hook-ups. Unit #79 is the same layout and presents the new owner with the opportunity to add their preferred updates and finishes. First showings of the vacant unit only are at open house on Thursday October 8, 2026. Contingent on owners closing on suitable housing. A versatile multi-family property in a central Springfield location. Make this your next smart move!

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.