Active

73 Days on market

85 Montrose St Springfield — Photo 1 of 39

Recent Drop: $2,000

$297,000

$295,000

Investment Analysis — 85 Montrose St

Springfield, MA 01109

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01109 carries an estimated $2,360/mo in gross rent — about a 5.96% cap rate and $17,589/yr in estimated NOI at the $295,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,823

Style

Single Family

Built

1917

Welcome to 85 Montrose Street - a beautifully renovated home with three sprawling levels of living! Featuring striking blue siding and exceptional curb appeal, this move-in ready property was thoughtfully renovated in 2022, offering peace of mind with quality improvements throughout. Step inside to discover three spacious levels of living, providing a flexible layout to fit your lifestyle. The finished third floor offers an ideal space for a bedroom, home office, playroom, or private guest retreat. The beautifully updated bathroom and stylish finishes throughout create a fresh, inviting atmosphere you'll love coming home to. Beyond the cosmetic upgrades, this home has great bones and well-maintained systems, making it as practical as it is attractive. Whether you're a first-time buyer, looking for more space, or simply searching for a home that's ready to enjoy from day one, this property checks all the boxes. Conveniently located in the heart of Springfield, you'll enjoy easy access to shopping, restaurants, parks, schools, and major commuter routes while still having a place that feels like home. If you've been waiting for a home that combines character, space, and modern updates, 85 Montrose Street is one you won't want to miss.

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: 900 sq ft (the lesser of 900 sq ft or half the 1,823 sq ft principal dwelling). Lot size: 5,001 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.