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Active

91 E Park St, Springfield MA 01105

$2,090,000

Estimated $5,142/month Calculator

Multi Family

Total Units: 17

Price Per Unit: $122,941.18

Total Rent: 30900/year

Estimated CAP Rate:

17 Bedrooms

Baths

12184

Total Parking: 0

4,151 (0.10)

Exceptional investment opportunity at 91 E Park Street! This 17-unit apartment building consists entirely of one-bedroom apartments, offering a desirable and easy-to-manage unit mix with strong rental demand. Currently generating approximately $21,153 in gross monthly income, the property has only one vacant unit, providing immediate upside through lease-up.The consistent unit configuration supports operational efficiency, simplified management, and stable occupancy. Conveniently located minutes from MGM Springfield, downtown Springfield, major highways, public transportation, shopping, and local amenities, the property is well-positioned to attract and retain tenants.Whether you're looking to expand your portfolio or acquire a stabilized multifamily asset with additional income potential, 91 E Park Street presents a strong investment opportunity in Springfield's growing rental market.

This home has been viewed 9 times

Last Checked: July 3rd, 2026 at 7:13am (Source: MLS PIN #73504070)

Gross Income: $30,900

Gross Expenses: $21,033

Net Income Calc: $9,867

Annual Expenses for 91 E Park St, Springfield MA 01105

Total Gross Expenses (Calculated)$21,033/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax21033

Annual Income & Unit Breakdown for 91 E Park St, Springfield MA 01105

Total Gross Income (Calculated)$30,900

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bathrooms

Rent IncludesHeat

Unit 4

Rental Income$0

Lease

Bathrooms

Rent IncludesHeat

General Information for 91 E Park St, Springfield MA 01105

Listing ID73504070

Property TypeMulti Family

Price2090000 ($171.54/SqFt)

Style5+ Family - 5+ Units Up/down

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total12184

Approximate Lot Size (Acres)0.1

Total Parking0

Garage Parking0

Year Built1930

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot Features

Foundation Area0

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningC1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 91 E Park St, Springfield MA 01105

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator And Some Personal Belongings

Financial Data SourceEstimated

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 91 E Park St, Springfield MA 01105

Real Estate Taxes21033

Tax Year2025

Assessed Value$1,341,400

Financial Data SourceEstimated

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 91 E Park St, Springfield MA 01105

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 91 E Park St, Springfield MA 01105

Agent

Name: Raquel Medina

Office

Name: Lock and Key Realty Inc.

Phone: 413-282-8080

Payment Calculator

, Interest

Property Taxes 1752.75

Principal & Interest 12877.92

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lock and Key Realty Inc.

Raquel Medina

Agent Phone

Office Phone

(413) 282-8080

Text Agent Call Agent Call Office

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EXIT

9 More Photos

Active

91 E Park St, Springfield MA 01105

$2,090,000

Annual Expenses for 91 E Park St, Springfield MA 01105

Annual Income & Unit Breakdown for 91 E Park St, Springfield MA 01105

General Information for 91 E Park St, Springfield MA 01105

Disclosures for 91 E Park St, Springfield MA 01105

Financial Information for 91 E Park St, Springfield MA 01105

Location Information for 91 E Park St, Springfield MA 01105

Contact Information for 91 E Park St, Springfield MA 01105

Agent

Office

Payment Calculator

Exclusive Listing Agent

Lock and Key Realty Inc.

Raquel Medina