Attention investors and owner-occupants! This fully vacant and beautifully renovated two-family home - with a third-floor in-law setup - offers a rare opportunity in highly sought-after East Forest Park.Step inside to find thoughtful updates throughout. The first-floor unit features fresh paint, new carpeting, and a renovated bathroom, while the second-floor unit boasts a brand-new bathroom. Major improvements have already been completed, including a roof (2022), updated heating system, electrical panel, and a 1-car detached garage (2022) . The garage also offers flexible use for parking or storage.Conveniently located near the East Longmeadow line, this property is just minutes from schools, shops, restaurants, public transit, and area amenities.Whether you’re seeking strong rental income or a multi-generational living option, this versatile home combines function, flexibility, and investment potential - all in one of the area’s most desirable neighborhoods.
This home has been viewed 20 times
Last Checked: November 20th, 2025 at 5:38am (Source: MLS PIN #73443044)
Gross Income: $0
Gross Expenses: $5,983
Net Income Calc: $5,983
CAP Rate: -1.41%
Annual Expenses for 16-18 Eddywood St, Springfield MA 01118
Total Gross Expenses (Calculated)$5,983/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,983
Annual Income & Unit Breakdown for 16-18 Eddywood St, Springfield MA 01118
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 16-18 Eddywood St, Springfield MA 01118
Listing ID73443044
Property TypeMulti Family
Price$424,900 ($125.12/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total3,396 SqFt
Approximate Lot Size (Acres)0.17 acres
Total Parking4 (1 Garage)
Garage Parking1 / Detached
Year Built1923
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpaceEnclosed
ZoningR1
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 16-18 Eddywood St, Springfield MA 01118
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$0
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 On
Financial Information for 16-18 Eddywood St, Springfield MA 01118
Real Estate Taxes$5,983
Tax Year2025
Assessed Value$381,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-1.41%
Location Information for 16-18 Eddywood St, Springfield MA 01118
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Shopping, Public Transportation
Contact Information for 16-18 Eddywood St, Springfield MA 01118