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513-515 Armory, Springfield MA 01104

$300,000

Estimated $836.12/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $75,000

Total Rent: 21000/year

Estimated CAP Rate: 5.60%

9 Bedrooms

4 Full Baths

4,014 SqFt

Total Parking: 4

7,135 SqFt

Rare find with this 2-family home plus an additional 2-family building, totaling 4 units! The front building has 2 units, while the rear building includes 2 units, one of which is currently vacant and needs repair. With the owner-occupant set to vacate before closing, you can immediately start earning rental income. Don’t miss out on this rental opportunity! Schedule a showing today.

This home has been viewed 48 times

Last Checked: August 13th, 2025 at 4:31am (Source: MLS PIN #73284569)

Gross Income: $21,000

Gross Expenses: $4,196

Net Income Calc: $16,804

CAP Rate: 5.60%

Annual Expenses for 513-515 Armory, Springfield MA 01104

Total Gross Expenses (Calculated)$4,196/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,196

Annual Income & Unit Breakdown for 513-515 Armory, Springfield MA 01104

Total Gross Income (Calculated)$21,000

Unit 1

Rental Income$900

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$850

Lease

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 513-515 Armory, Springfield MA 01104

Listing ID73284569

Property TypeMulti Family

Price$300,000 ($74.74/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total4,014 SqFt

Approximate Lot Size (Acres)0.16 acres

Total Parking4

Garage Parking

Year Built1922

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 513-515 Armory, Springfield MA 01104

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$21,000

Total Net Income By Broker$21,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnCompensation Offered But Not In Mls

Financial Information for 513-515 Armory, Springfield MA 01104

Real Estate Taxes$4,196

Tax Year2024

Assessed Value$261,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$21,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$21,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.60%

Location Information for 513-515 Armory, Springfield MA 01104

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 513-515 Armory, Springfield MA 01104

Agent

Name: Erik Wolmart

Office

Name: M B C REALTORS®

Phone: 413-886-0010

Payment Calculator

, Interest

Property Taxes 349.67

Principal & Interest 1848.5

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

M B C REALTORS®

Erik Wolmart

Agent Phone

Office Phone

(413) 886-0010

Text Agent Call Agent Call Office

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    [description] => Rare find with this 2-family home plus an additional 2-family building, totaling 4 units! The front building has 2 units, while the rear building includes 2 units, one of which is currently vacant and needs repair. With the owner-occupant set to vacate before closing, you can immediately start earning rental income. Don’t miss out on this rental opportunity! Schedule a showing today.
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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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[road_frontage_type] => Array
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[rooms] => 19
    [senior_community] => No
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[short_sale] => 
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[water] => Array
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[water_expense] => Array
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[water_views] => Array
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EXIT

Withdrawn

513-515 Armory, Springfield MA 01104

$300,000

Annual Expenses for 513-515 Armory, Springfield MA 01104

Annual Income & Unit Breakdown for 513-515 Armory, Springfield MA 01104

General Information for 513-515 Armory, Springfield MA 01104

Disclosures for 513-515 Armory, Springfield MA 01104

Financial Information for 513-515 Armory, Springfield MA 01104

Location Information for 513-515 Armory, Springfield MA 01104

Contact Information for 513-515 Armory, Springfield MA 01104

Agent

Office

Payment Calculator

Exclusive Listing Agent

M B C REALTORS®

Erik Wolmart