Overview Property Details Payment Calculator Walkability

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58 Governor St, Springfield MA 01104

$399,999

Estimated $1,005.52/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $199,999.50

Total Rent: 18600/year

Estimated CAP Rate: 3.58%

8 Bedrooms

2 Full Baths

2,480 SqFt

Total Parking: 0

5,327 SqFt

Welcome to 56-58 Governor Street, a beautifully remodeled multifamily property offering exceptional value and versatility. This charming property features two units, with the second unit currently vacant and ready for immediate occupancy or rental. The first-floor unit is te...

This home has been viewed 26 times

Last Checked: June 3rd, 2025 at 4:29am (Source: MLS PIN #73345193)

Gross Income: $18,600

Gross Expenses: $4,283

Net Income Calc: $14,317

CAP Rate: 3.58%

Annual Expenses for 58 Governor St, Springfield MA 01104

Total Gross Expenses (Calculated)$4,283/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,283

Annual Income & Unit Breakdown for 58 Governor St, Springfield MA 01104

Total Gross Income (Calculated)$18,600

Unit 1

Rental Income$1,550

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms5

Bathrooms1 Full, 9 Half

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 58 Governor St, Springfield MA 01104

Listing ID73345193

Property TypeMulti Family

Price$399,999 ($161.29/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,480 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking0

Garage Parking

Year Built1905

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsBrick

Lot FeaturesLevel

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 58 Governor St, 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$19,200

Total Net Income By Broker$19,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 58 Governor St, Springfield MA 01104

Real Estate Taxes$4,283

Tax Year2024

Assessed Value$266,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$19,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$19,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.58%

Location Information for 58 Governor St, Springfield MA 01104

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Shopping, Laundromat, Public Transportation

Contact Information for 58 Governor St, Springfield MA 01104

Agent

Name: Andrew Rodman

MLS ID: CN218763

Office ID: AN5521

National Association ID: 452509222

Address: 54 West Crystal Brook Drive

City: Springfield

State: MA

Zip: 01114

Office

Name: Lock and Key Realty Inc.

MLS Office ID: AN5521

Phone: 413-282-8080

Payment Calculator

$2,821.59 per month

30 Years Fixed, 6.75% Interest

Property Taxes $356.92

Principal & Interest $2,464.67

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lock and Key Realty Inc.

Andrew Rodman

Agent Phone

Office Phone

(413) 282-8080

Text Agent Call Agent Call Office

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                    [url] => https://media.mlspin.com/photo.aspx?mls=73345193&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2025-06-03 04:29:09
                    [modified] => 2025-06-03 04:29:09
                )

[22] => Array
                (
                    [id] => 109577419
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73345193&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2025-06-03 04:29:09
                    [modified] => 2025-06-03 04:29:09
                )

[23] => Array
                (
                    [id] => 109577420
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73345193&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2025-06-03 04:29:09
                    [modified] => 2025-06-03 04:29:09
                )

[24] => Array
                (
                    [id] => 109577421
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73345193&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2025-06-03 04:29:09
                    [modified] => 2025-06-03 04:29:09
                )

[25] => Array
                (
                    [id] => 109577422
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73345193&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2025-06-03 04:29:09
                    [modified] => 2025-06-03 04:29:09
                )

)

)

EXIT