Massive 6 unit building located in a prime Forest Park area with gross rents of over $99K and rents expected to increase!! ! Large 3 bedroom units has a huge upside potential in rents. All units have been remodeled with some recent upgrades. Units have: Updated kitchens, newer flooring, hardwood floors and enclosed side porches . Rare 3 car bay garage with loft area can also provide additional income. Newer Gas heating system 2017, newer back porches, electrical, rubber membrane roof, windows, too many improvements to list! Plenty of off street parking. Professionally managed. Don't miss out on this investment opportunity to own this turn key property! Make an OFFER!
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Last Checked: November 13th, 2025 at 9:13am (Source: MLS PIN #73384879)
Gross Income: $64,800
Gross Expenses: $9,860
Net Income Calc: $54,940
CAP Rate: 6.11%
Annual Expenses for 15-19 Litchfield St, Springfield MA 01108
Total Gross Expenses (Calculated)$9,860/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$9,860
Annual Income & Unit Breakdown for 15-19 Litchfield St, Springfield MA 01108
Total Gross Income (Calculated)$64,800
Unit 1
Rental Income$1,475
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,275
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,350
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$1,300
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 15-19 Litchfield St, Springfield MA 01108
Listing ID73384879
Property TypeMulti Family / 5+ Family
Price$899,000 ($87.79/SqFt)
Style5-9 Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total10,240 SqFt
Approximate Lot Size (Acres)0.35 acres
Total Parking9 (3 Garage)
Garage Parking3 / Detached
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
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 15-19 Litchfield 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$99,300
Total Net Income By Broker$0
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 15-19 Litchfield St, Springfield MA 01108
Real Estate Taxes$9,860
Tax Year2025
Assessed Value$601,500
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$99,300
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.11%
Location Information for 15-19 Litchfield St, Springfield MA 01108
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 15-19 Litchfield St, Springfield MA 01108