Discover a rare mixed-use opportunity in Springfield's desirable Forest Park neighborhood- 2 properties on 1 parcel, featuring a spacious updated 3-bedroom,1-bath home and an adjacent vacant commercial storefront. The residence offers generous common areas, updated mechanicals, windows, flooring, fresh paint, and new stainless-steel appliances to be installed by the seller. Classic charm and a functional layout provide an excellent foundation for future value-add potential. The corner-lot storefront offers flexible commercial use, ideal for an owner-operator or investor seeking additional income, offering excellent visibility for retail or office concepts in a high-demand location. Enjoy walkability to shops, restaurants, and transit, plus quick access to I-91 and Route 5. Minutes to Forest Park, downtown attractions including MGM, and local colleges. A private yard and off-street parking further strengthen its appeal, supporting both quality of life and long-term investment potential.
This home has been viewed 17 times
Last Checked: December 14th, 2025 at 6:13am (Source: MLS PIN #73461651)
Gross Income: $0
Gross Expenses: $3,923
Net Income Calc: $3,923
CAP Rate: -0.98%
Annual Expenses for 140-142 Dickinson St, Springfield MA 01108
Total Gross Expenses (Calculated)$3,923/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,923.60
Annual Income & Unit Breakdown for 140-142 Dickinson St, Springfield MA 01108
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor0
Levels in Unit2
HeatingYes
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
HeatingYes
Rent Includes
General Information for 140-142 Dickinson St, Springfield MA 01108
Listing ID73461651
Property TypeMulti Family / 2 Family
Price$399,000 ($124.57/SqFt)
Style2 Family - 2 Units Side By Side
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total3,203 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking4
Garage Parking
Year Built1914
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor SpacePorch
ZoningR3
Zoning DetailsLegal Conforming
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 140-142 Dickinson St, Springfield MA 01108
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosurecombination of the storefront and residential buil
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceNot Available
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 140-142 Dickinson St, Springfield MA 01108
Real Estate Taxes$3,923.60
Tax Year2026
Assessed Value$253,800
Financial Data SourceNot Available
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)-0.98%
Location Information for 140-142 Dickinson St, Springfield MA 01108
Elementary SchoolSumner Avenue School
Middle SchoolForest Park Middle School
High SchoolLiberty Preparatory Academy
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Shopping, Park, Medical Facility, Laundromat, Public Transportation, Tennis Court(s)
Contact Information for 140-142 Dickinson St, Springfield MA 01108