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1045-1047 Worcester St, Springfield MA 01151

$284,900

Estimated $743.71/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $142,450

Total Rent: 0/year

Estimated CAP Rate: -1.19%

4 Bedrooms

2 Full Baths

2,720 SqFt

Total Parking: 2

14,850 SqFt

Looking for your next investment opportunity? Look no further. This two-family property offers two spacious units, each featuring 2 bedrooms and 1 full bathroom, making it an ideal addition to any investor’s portfolio. Situated on a large lot with off-street parking, the property is centrally located near shopping, dining, public transportation, and other local amenities, providing strong appeal for future tenants. The layout and unit configuration offer excellent potential for long-term rental income or value-add improvements. The property requires TLC and may not qualify for all types of financing due to its current condition, making it best suited for cash buyers or renovation loans. With the right vision and updates, this property presents a great opportunity to build equity and increase cash flow. Being sold in as-is, as-seen condition. Buyer to perform all due diligence. A solid opportunity for investors looking to add a multi-family asset to their portfolio.

This home has been viewed 13 times

Last Checked: January 23rd, 2026 at 8:48am (Source: MLS PIN #73471237)

Gross Income: $0

Gross Expenses: $3,381

Net Income Calc: $3,381

CAP Rate: -1.19%

Annual Expenses for 1045-1047 Worcester St, Springfield MA 01151

Total Gross Expenses (Calculated)$3,381/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,381

Annual Income & Unit Breakdown for 1045-1047 Worcester St, Springfield MA 01151

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 1045-1047 Worcester St, Springfield MA 01151

Listing ID73471237

Property TypeMulti Family

Price$284,900 ($104.74/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,720 SqFt

Approximate Lot Size (Acres)0.34 acres

Total Parking2

Garage Parking

Year Built1880

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCleared

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 1045-1047 Worcester St, Springfield MA 01151

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)Lender Owned

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 1045-1047 Worcester St, Springfield MA 01151

Real Estate Taxes$3,381

Tax Year2025

Assessed Value$215,600

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)-1.19%

Location Information for 1045-1047 Worcester St, Springfield MA 01151

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Park, Public Transportation

Contact Information for 1045-1047 Worcester St, Springfield MA 01151

Agent

Name: The Ponte Group

Office

Name: Keller Williams South Watuppa

Phone: 508-677-3233

Payment Calculator

, Interest

Property Taxes 281.75

Principal & Interest 1755.46

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams South Watuppa

The Ponte Group

Agent Phone

Office Phone

(508) 677-3233

Text Agent Call Agent Call Office

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EXIT