
82-84 Maryland St Springfield — Photo 1 of 25
$350,000
Investment Analysis — 82-84 Maryland St
Springfield, MA 01108 — Forest Park
Based on rent reported on the MLS listing, a 2-unit multi-family in 01108 carries $2,500/mo in gross rent — about a 5.31% cap rate and $18,595/yr in estimated NOI at the $350,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2
SqFt
2,430
Style
2 Family - 2 Units Up/Down
Built
1924
**INVESTMENT OPPORTUNITY!** Imagine adding a fully occupied two-family to your portfolio and collecting rental income from day one. Located in Springfield’s **Forest Park neighborhood**, 82–84 Maryland Street offers two spacious units, each featuring 3 bedrooms, 1 full bath, a large living room, dining room and eat-in kitchen—a versatile layout with lasting rental appeal. Current rents are $1,200 and $1,300 per month. Each unit offers convenient in-unit laundry in the kitchen, its own natural gas boiler and separate electrical panels, while updated meters add another important improvement. Additional storage is available in both the basement and attic.Outside, a large paved driveway provides plenty of off-street parking and leads to a 2-car garage, currently used for storage. Recent decking repairs have also been completed.The Forest Park location puts tenants within easy reach of Forest Park (literally at the end of the street), “The X,” Longmeadow, Downtown Springfield, shopping, dining and major commuter routes.With tenants already in place, separate utilities, established rents, generous parking and a 2-car garage, much of what investors look for is already here. Whether this is your first multi-family or the next addition to a growing portfolio, come see the possibilities at 82–84 Maryland Street and decide how it fits into your investment strategy.
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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher
Neighborhood
Public Transportation • Tennis Court(s) • Park • Walk/Jog Trails • Conservation Area • House of Worship
Geography
Property History
$350,000
Sep 22, 2026
MLS® 73580716
$390,000
Jan 31, 2026
MLS® 73439489
$390,000
Oct 3, 2025
MLS® 73439489
Listing Agent: Michael Sakey
Listing Office: Real Broker MA, LLC
MLS® Number: 73580716








