Excellent opportunity to own this meticulously maintained investment property. Newer roof and siding 4 years old and water melting technique to avoid accumulation of snow or water. Cleaned basement with up to date electricity. One car garage and paved driveway for additional parking and close to restaurants, shops, schools and more. 2 Family units including a finished attic with additional bedrooms and full bathroom which is part of the second floor unit. Featuring a huge living room, expansive kitchen with island and stove top wall oven and dinning room on each floor. Good size bedrooms with huge closets and plenty of space through the entire floor. Each floor has 2 balconies the rear ones are enclosed. Well maintenance starting from the furnaces, heating systems, electrical and plumbing up to date. This income generating property is ready for new ownership. Current tenants have been renting for over 10 years and are in excellent standing with rent.
This home has been viewed 7 times
Last Checked: May 7th, 2026 at 8:18am (Source: MLS PIN #73488124)
Gross Income: $36,000
Gross Expenses: $3,191
Net Income Calc: $32,809
Water Views
Annual Expenses for 14-16 Wolcott St, Springfield MA 01104
Total Gross Expenses (Calculated)$3,191/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3191
Annual Income & Unit Breakdown for 14-16 Wolcott St, Springfield MA 01104
Total Gross Income (Calculated)$36,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 14-16 Wolcott St, Springfield MA 01104
Listing ID73488124
Property TypeMulti Family / 2 Family
Price399999 ($130.34/SqFt)
Style2 Family - 2 Units Up/down
CitySpringfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total3069
Approximate Lot Size (Acres)0.12
Total Parking4
Garage Parking0
Year Built1908
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
Zoning0
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 14-16 Wolcott St, Springfield MA 01104
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOwner
ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 14-16 Wolcott St, Springfield MA 01104
Real Estate Taxes3191
Tax Year2025
Assessed Value$0
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 14-16 Wolcott St, Springfield MA 01104
Neighborhood(s)
Area Amenities
Contact Information for 14-16 Wolcott St, Springfield MA 01104