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491-493 Newbury St, Springfield MA 01104

$396,633

Estimated $1,015.56/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $198,316.50

Total Rent: 0/year

Estimated CAP Rate: -1.13%

5 Bedrooms

2 Full Baths

2,150 SqFt

Total Parking: 6

5,998 SqFt

Well-Maintained-Two-Family-Home, Ideal for Investor or Owner-Occupants. The first floor unit features a comfortable living room, formal dining room and spacious kitchen, three bedrooms, and a full bathroom. The second floor includes a cozy living room, dining room, kitchen, two generously sized bedrooms, a small bonus room and a full bathroom. The house offers a laundry connection in the basement, hardwood floors, a backyard and ample parking space. Conveniently located near major routers, highways and bus stops. This property is also within close proximity to Liberty Elementary School, Van Horn Park Field, shopping areas and restaurants, all just a short walk away. The first-floor unit will be delivered vacant.

This home has been viewed 7 times

Last Checked: February 22nd, 2026 at 7:03am (Source: MLS PIN #73479265)

Gross Income: $0

Gross Expenses: $4,469

Net Income Calc: $4,469

CAP Rate: -1.13%

Annual Expenses for 491-493 Newbury St, Springfield MA 01104

Total Gross Expenses (Calculated)$4,469/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,469

Annual Income & Unit Breakdown for 491-493 Newbury St, Springfield MA 01104

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

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 491-493 Newbury St, Springfield MA 01104

Listing ID73479265

Property TypeMulti Family

Price$396,633 ($184.48/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,150 SqFt

Approximate Lot Size (Acres)0.14 acres

Total Parking6

Garage Parking

Year Built1924

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor SpacePorch

ZoningRes

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 491-493 Newbury St, Springfield MA 01104

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureAdditional 988 SqFt First Floor

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$17,400

Total Net Income By Broker$17,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 491-493 Newbury St, Springfield MA 01104

Real Estate Taxes$4,469

Tax Year2025

Assessed Value$285,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$17,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$17,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-1.13%

Location Information for 491-493 Newbury St, Springfield MA 01104

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, Other

Contact Information for 491-493 Newbury St, Springfield MA 01104

Agent

Name: Bettina Oliva

Office

Name: United Brokers

Phone: 781-629-2258

Payment Calculator

, Interest

Property Taxes 372.42

Principal & Interest 2443.93

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

United Brokers

Bettina Oliva

Agent Phone

Office Phone

(781) 629-2258

Text Agent Call Agent Call Office

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[perc_test_date] => Unknown
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    [zoning] => Res
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EXIT