Active

4 Days on market

793 Allen St Springfield — Photo 1 of 41

$349,900

Investment Analysis — 793 Allen St

Springfield, MA 01118

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01118 carries an estimated $2,380/mo in gross rent — about a 5.13% cap rate and $17,951/yr in estimated NOI at the $349,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,432

Style

Single Family

Built

1929

Discover a timeless Springfield residence at 793 Allen St, a charming single-family home built in 1929. This attractive 1432 square foot property is in great condition, offering a unique blend of classic appeal and comfortable living. The living room provides a welcoming atmosphere, centered around a cozy fireplace and featuring elegant hardwood flooring that extends throughout the space. The bedrooms are designed for comfort and style, each featuring the enduring beauty of hardwood flooring. Enjoy your morning coffee in the breakfast nook or the heated sunroom area. The sunroom would make a nice office area with all the sunlight. Beyond the interior, the property extends its charm to a private yard, offering a tranquil escape, complete with an inviting outdoor deck area perfect for gatherings. The detached one car garage allows for storage of your car and gardening tools. This delightful home, with it's thoughtful features and inviting spaces, invites you to imagine your next chapter here.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 716 sq ft (the lesser of 900 sq ft or half the 1,432 sq ft principal dwelling). Lot size: 6,708 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.