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88 Washburn St, Springfield MA 01107

$450,000

Estimated $1,153.92/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $150,000

Total Rent: 52200/year

Estimated CAP Rate: 10.47%

6 Bedrooms

3 Full, 3 Half Baths

2,304 SqFt

Total Parking: 6

6,355 SqFt

Built in 1989! Perfect opportunity for an Owner Occupant or Investor! This great 3 Family Triplex (Side by Side Units/Townhouse style) offers great income producing units and plenty of modern updates to include: Updated kitchens & baths, flooring & recessed lighting. Each unit has 2 bedrooms & 1.5 baths with finished basements, on 3 levels of living. Nice unit layouts with open kitchen/living areas and good sized bedrooms. Laundry in basement. New roof & plenty of off street parking. Separate gas heating & electric. Building has vinyl siding & replacement windows too! Don't miss this opportunity! First Open House 6/14 Saturday from 12-2pm.

This home has been viewed 6 times

Last Checked: June 17th, 2025 at 9:23am (Source: MLS PIN #73387860)

Gross Income: $52,200

Gross Expenses: $5,091

Net Income Calc: $47,109

CAP Rate: 10.47%

Annual Expenses for 88 Washburn St, Springfield MA 01107

Total Gross Expenses (Calculated)$5,091/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,091

Annual Income & Unit Breakdown for 88 Washburn St, Springfield MA 01107

Total Gross Income (Calculated)$52,200

Unit 1

Rental Income$1,400

LeaseY

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit3

HeatingNo

Rent Includes

Unit 2

Rental Income$1,400

LeaseY

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit3

HeatingNo

Rent Includes

Unit 3

Rental Income$1,550

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit3

HeatingNo

Rent Includes

General Information for 88 Washburn St, Springfield MA 01107

Listing ID73387860

Property TypeMulti Family / 3 Family

Price$450,000 ($195.31/SqFt)

Style3 Family - 3 Units Side By Side

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,304 SqFt

Approximate Lot Size (Acres)0.15 acres

Total Parking6

Garage Parking

Year Built1989

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR1

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 88 Washburn St, Springfield MA 01107

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureFinished Basements

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$52,200

Total Net Income By Broker$52,200

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 88 Washburn St, Springfield MA 01107

Real Estate Taxes$5,091

Tax Year2025

Assessed Value$324,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$52,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$52,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)10.47%

Location Information for 88 Washburn St, Springfield MA 01107

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 88 Washburn St, Springfield MA 01107

Agent

Name: Melinda Puzon

MLS ID: B8000436

Office ID: AN4267

National Association ID: 448500051

Address: 11 Central Avenue

City: Malden

State: MA

Zip: 02148

Office

Name: MP Signature Realty LLC

MLS Office ID: AN4267

Phone: 781-322-6928

Team Members

Name: Jimmy Z. Wen

MLS ID: CN207327

Office ID: AN4267

Phone: 617-669-8829

City: Newton

State: MA

Payment Calculator

, Interest

Property Taxes 424.25

Principal & Interest 2772.76

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

MP Signature Realty LLC

Melinda Puzon

Agent Phone

Office Phone

(781) 322-6928

Text Agent Call Agent Call Office

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EXIT

Active

88 Washburn St, Springfield MA 01107

$450,000

Annual Expenses for 88 Washburn St, Springfield MA 01107

Annual Income & Unit Breakdown for 88 Washburn St, Springfield MA 01107

General Information for 88 Washburn St, Springfield MA 01107

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Financial Information for 88 Washburn St, Springfield MA 01107

Location Information for 88 Washburn St, Springfield MA 01107

Contact Information for 88 Washburn St, Springfield MA 01107

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Exclusive Listing Agent

MP Signature Realty LLC

Melinda Puzon