Active

89 Days on market

86 Amherst St Springfield — Photo 1 of 38

Recent Drop: $10,000

$409,999

$399,999

Investment Analysis — 86 Amherst St

Springfield, MA 01109

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 7-bedroom in 01109 carries an estimated $2,360/mo in gross rent — about a 4.70% cap rate and $18,782/yr in estimated NOI at the $399,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,276

Style

Single Family

Built

1892

Elegant, Fully Remodeled Victorian Home | 7 Bedrooms • 3 Bathrooms, A perfect blend of classic charm & modern amenities. This stunning Victorian home has been thoughtfully renovated, preserving its original character while incorporating significant upgrades to offer comfort, style & peace of mind. 7 bedrooms * 3 fully remodeled bathrooms * New kitchen with elegant quartz countertops * Brand-new electrical system * New plumbing * New roof * New water heater * Restored natural wood flooring * Porcelain-tiled showers * Recessed LED lighting * Most windows & doors replaced. Freshly painted exterior. The layout offers spacious, light-filled rooms, high ceilings, original architectural details & a spectacular wrap-around porch highlingting the Victorian style. Located in the historic McKnight neighborhood. Surrounded by beautiful Victorian homes & just mins from amenities such as: Six Flags - MGM & More. Ideal for a large family or a buyer seeking a home with excellent investment potential.

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 2,276 sq ft principal dwelling). Lot size: 4,670 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.