Rare investment opportunity in the heart of Springfield! This 14 unit property offers a blend of historic character & modern functionality. The front building, built 1910, features 6 units with timeless charm including original woodwork & decorative fireplaces - plus...
This home has been viewed 46 times
Last Checked: May 27th, 2025 at 5:23am (Source: MLS PIN #73368742)
Gross Income: $21,300
Gross Expenses: $15,128
Net Income Calc: $6,172
CAP Rate: 0.49%
Annual Expenses for 128 Mill St, Springfield MA 01108
Total Gross Expenses (Calculated)$15,128/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$15,128
Annual Income & Unit Breakdown for 128 Mill St, Springfield MA 01108
Total Gross Income (Calculated)$21,300
Unit 1
Rental Income$775
LeaseY
Bedrooms1
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,000
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 128 Mill St, Springfield MA 01108
Listing ID73368742
Property TypeMulti Family / 5+ Family
Price$1,265,000 ($119.29/SqFt)
Style5-9 Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total10,604 SqFt
Approximate Lot Size (Acres)0.46 acres
Total Parking14
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionBlock,Brick/Mortar,Slab
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 128 Mill St, Springfield MA 01108
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$21,300
Total Net Income By Broker$21,300
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 128 Mill St, Springfield MA 01108
Real Estate Taxes$15,128
Tax Year2025
Assessed Value$964,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$21,300
BostonRealEstate.com Gross Income
Total Net Income By Broker$21,300
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)0.49%
Location Information for 128 Mill St, Springfield MA 01108
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, University
Contact Information for 128 Mill St, Springfield MA 01108