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24 Hiawatha St, Springfield MA 01108

$505,000

Estimated $1,223/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $252,500

Total Rent: 24000/year

Estimated CAP Rate:

7 Bedrooms

Baths

3181

Total Parking: 2

4,918 (0.11)

Rare opportunity to own this spacious two-family home in Springfield's desirable Forest Park neighborhood! 24 Hiawatha St offers exceptional owner-occupant or investment potential with BOTH UNITS TO BE DELIVERED VACANT, providing immediate flexibility for occupancy, market-rate rentals, or multi-generational living. Unit 1 features a well-sized 2-bedroom layout, while Unit 2 spans two levels with 5 bedrooms and townhouse-style living. Recent improvements include driveway resurfacing, chimney repairs, and concrete repairs around the basement foundation. The property also has a Letter of Full Deleading Compliance. Seller willing to contribute up to $5,000 toward buyer closing costs with an acceptable offer. Photos were taken prior to tenant occupancy. Conveniently located near parks, schools, shopping, and major routes, this is a rare fully vacant multi-family opportunity offering size, versatility, and value in the heart of Forest Park.

This home has been viewed 5 times

Last Checked: July 1st, 2026 at 6:53pm (Source: MLS PIN #73505535)

Gross Income: $24,000

Gross Expenses: $4,853

Net Income Calc: $19,147

Annual Expenses for 24 Hiawatha St, Springfield MA 01108

Total Gross Expenses (Calculated)$4,853/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4853

Annual Income & Unit Breakdown for 24 Hiawatha St, Springfield MA 01108

Total Gross Income (Calculated)$24,000

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms5

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 24 Hiawatha St, Springfield MA 01108

Listing ID73505535

Property TypeMulti Family

Price505000 ($158.76/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total3181

Approximate Lot Size (Acres)0.11

Total Parking2

Garage Parking0

Year Built1912

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 24 Hiawatha St, Springfield MA 01108

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTenants Washer And Dryer In The Basement.

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 24 Hiawatha St, Springfield MA 01108

Real Estate Taxes4853

Tax Year2025

Assessed Value$309,500

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 24 Hiawatha St, Springfield MA 01108

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 24 Hiawatha St, Springfield MA 01108

Agent

Name: Fermin Group

Office

Name: Century 21 North East

Phone: 978-208-0449

Team Members

Payment Calculator

, Interest

Property Taxes 404.42

Principal & Interest 3111.65

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

Fermin Group

Agent Phone

Office Phone

(978) 208-0449

Text Agent Call Agent Call Office

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EXIT

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