Excellent Investment or Owner-Occupant Opportunity! Located in Springfield’s desirable Forest Park area, this well-maintained three-family property offers strong rental income and quality updates throughout. Completely gutted and fully rehabbed in 2009, the building features replaced walls, ceilings, electrical and plumbing systems, a membrane roof, rear porches, boilers, fire alarm system, siding, and windows. The property is fully occupied, with tenants paying their own utilities. The first and second-floor tenants are currently month-to-month, while the third-floor tenant is on a lease. Additional income potential comes from a coin-operated washer and dryer in the basement, which has its own hot water tank and is separately metered to the owner. This is a turnkey property ideal for both investors and owner-occupants looking for a stable, well-cared-for asset in a great location.
This home has been viewed 30 times
Last Checked: December 5th, 2025 at 5:53am (Source: MLS PIN #73454456)
Gross Income: $52,800
Gross Expenses: $23,437
Net Income Calc: $29,363
CAP Rate: 5.93%
Annual Expenses for 93 Wilmont Street, Springfield MA 01108
Total Gross Expenses (Calculated)$23,437/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance$4,435
Sewer
Trash Removal
Repair & Maintenance$1,068
Management
Miscellaneous$12,189
Real Estate Tax$5,745
Annual Income & Unit Breakdown for 93 Wilmont Street, Springfield MA 01108
Total Gross Income (Calculated)$52,800
Unit 1
Rental Income$1,400
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$1,400
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$1,600
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 93 Wilmont Street, Springfield MA 01108
Listing ID73454456
Property TypeMulti Family / 3 Family
Price$495,000 ($154.78/SqFt)
Style3 Family
CitySpringfield
CountyHampden
MLS AreaForest Park
Neighborhood(s)
Approximate Living Area Total3,198 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking6
Garage Parking
Year Built1909
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 93 Wilmont Street, Springfield MA 01108
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOther (see Remarks), Tax Return
Total Gross Expenses By Broker$17,692
Total Gross Income By Broker$52,800
Total Net Income By Broker$35,108
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 93 Wilmont Street, Springfield MA 01108
Real Estate Taxes$5,745
Tax Year2025
Assessed Value$366,400
Financial Data SourceOther (see Remarks), Tax Return
Total Gross Expenses By Broker$17,692
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$52,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$35,108
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.93%
Location Information for 93 Wilmont Street, Springfield MA 01108
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaForest Park
Area AmenitiesPublic School, Shopping, Park, Public Transportation, Sidewalks
Contact Information for 93 Wilmont Street, Springfield MA 01108