Overview Property Details Payment Calculator Walkability

Pending

1407-1409 Worcester St, Springfield MA 01151

$470,000

Estimated $1,212.85/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $156,666.67

Total Rent: 45600/year

Estimated CAP Rate: 8.55%

8 Bedrooms

3 Full Baths

3,581 SqFt

Total Parking: 9 (2 Garage)

7,405 SqFt

Amazing opportunity to own a wonderfully updated 3-Family house! First floor unit has 3 bedrooms, second floor unit has 3 bedrooms, and third floor has 2 bedrooms.Property is overall in great condition and has been managed professionally.Schedule your showing TODAY! ...

This home has been viewed 15 times

Last Checked: July 10th, 2025 at 7:43am (Source: MLS PIN #73384559)

Gross Income: $45,600

Gross Expenses: $5,409

Net Income Calc: $40,191

CAP Rate: 8.55%

Annual Expenses for 1407-1409 Worcester St, Springfield MA 01151

Total Gross Expenses (Calculated)$5,409/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,409

Annual Income & Unit Breakdown for 1407-1409 Worcester St, Springfield MA 01151

Total Gross Income (Calculated)$45,600

Unit 1

Rental Income$1,900

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,900

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 1407-1409 Worcester St, Springfield MA 01151

Listing ID73384559

Property TypeMulti Family / 3 Family

Price$470,000 ($131.25/SqFt)

Style3 Family - 3 Units Up/down

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total3,581 SqFt

Approximate Lot Size (Acres)0.17 acres

Total Parking9 (2 Garage)

Garage Parking2 / Detached

Year Built1914

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor SpaceDeck, Deck - Roof, Patio, Porch, Screened

ZoningRE

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesStorm Window(s)

Terms

Disclosures for 1407-1409 Worcester St, Springfield MA 01151

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$45,600

Total Net Income By Broker$45,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 1407-1409 Worcester St, Springfield MA 01151

Real Estate Taxes$5,409

Tax Year2024

Assessed Value$451,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$45,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$45,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.55%

Location Information for 1407-1409 Worcester St, Springfield MA 01151

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s), Stable(s), Marina, Private School, University

Contact Information for 1407-1409 Worcester St, Springfield MA 01151

Agent

Name: Modesto Melendez

MLS ID: CN214798

Office ID: AN7885

National Association ID: 452509082

Address: 63 Tokeneke Road

City: Holyoke

State: MA

Zip: 01040

Office

Name: Coldwell Banker Realty - Western MA

MLS Office ID: AN7885

Phone: 413-567-8931

Payment Calculator

$3,346.74 per month

30 Years Fixed, 6.75% Interest

Property Taxes $450.75

Principal & Interest $2,895.99

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Western MA

Modesto Melendez

Agent Phone

Office Phone

(413) 567-8931

Text Agent Call Agent Call Office

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EXIT

Pending

1407-1409 Worcester St, Springfield MA 01151

$470,000

Annual Expenses for 1407-1409 Worcester St, Springfield MA 01151

Annual Income & Unit Breakdown for 1407-1409 Worcester St, Springfield MA 01151

General Information for 1407-1409 Worcester St, Springfield MA 01151

Disclosures for 1407-1409 Worcester St, Springfield MA 01151

Financial Information for 1407-1409 Worcester St, Springfield MA 01151

Location Information for 1407-1409 Worcester St, Springfield MA 01151

Contact Information for 1407-1409 Worcester St, Springfield MA 01151

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Exclusive Listing Agent

Coldwell Banker Realty - Western MA

Modesto Melendez