192 White Street in Springfield presents a prime investment opportunity with this well-maintained 21-unit building featuring a mix of studios, one-bedrooms, and two-bedrooms. A major advantage for investors is that all utilities are separately metered, keeping operating costs low and boosting overall returns. Many units have already been updated by the current owner, offering a blend of modern finishes and continued value-add potential. Ideally located near transportation, amenities, and major employers, the property attracts steady rental demand and provides strong long-term upside for any investor seeking a solid, diversified multifamily asset.
This home has been viewed 8 times
Last Checked: December 5th, 2025 at 9:23am (Source: MLS PIN #73459983)
Gross Income: $67,200
Gross Expenses: $29,179
Net Income Calc: $38,021
CAP Rate: 1.34%
Annual Expenses for 192-198 White St, Springfield MA 01108
Total Gross Expenses (Calculated)$29,179/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$29,179
Annual Income & Unit Breakdown for 192-198 White St, Springfield MA 01108
Total Gross Income (Calculated)$67,200
Unit 1
Rental Income$1,450
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,450
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,450
LeaseY
Bedrooms2
Bathrooms1 Full
Floor4
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$1,250
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 192-198 White St, Springfield MA 01108
Listing ID73459983
Property TypeMulti Family
Price$2,835,000 ($151.55/SqFt)
Style5+ Family - 5+ Units Up/down
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total18,707 SqFt
Approximate Lot Size (Acres)0.14 acres
Total Parking0
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsBrick
Lot FeaturesLevel
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor SpacePorch
ZoningR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 192-198 White 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$324,000
Total Net Income By Broker$82,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 192-198 White St, Springfield MA 01108
Real Estate Taxes$29,179
Tax Year2025
Assessed Value$1,860,900
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$324,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$82,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.34%
Location Information for 192-198 White St, Springfield MA 01108
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHouse Of Worship, Public School, Shopping, Park, Laundromat, Public Transportation
Contact Information for 192-198 White St, Springfield MA 01108