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26-28 Parker St, Springfield MA 01151

$699,000

Estimated $1,754/month Calculator

Multi Family

Total Units: 7

Price Per Unit: $99,857.14

Total Rent: 41556/year

Estimated CAP Rate:

10 Bedrooms

Baths

1920

Total Parking: 2

7,597 (0.17)

Great investment opportunity - This mixed-use property offers a total gross building area of approximately 9,494 square feet and includes two storefronts, three residential units above the commercial space, and a separate two-family in the rear, providing multiple income streams and long-term tenant stability. The left storefront includes a large display window, two spacious rooms and oil heat. The right storefront offers a prominent display window, open layout, and gas heat. Above the storefronts are three residential units: a three-bedroom one-bath unit with oil heat, hardwood floors, and a rear porch; a two-bedroom one-bath unit (vacant) with gas heat, hardwood floors, and rear and side. porch; and a one-bedroom one-bath unit with gas heat, hardwood floors, and a porch. In the rear of the property is a separate two-family featuring a three-bedroom one-bath unit with a front porch and gas heat, as well as a two-bedroom one-bath unit with a front porch and gas heat.

This home has been viewed 4 times

Last Checked: May 3rd, 2026 at 6:53am (Source: MLS PIN #73508748)

Gross Income: $41,556

Gross Expenses: $7,443

Net Income Calc: $34,113

Annual Expenses for 26-28 Parker St, Springfield MA 01151

Total Gross Expenses (Calculated)$7,443/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7443.29

Annual Income & Unit Breakdown for 26-28 Parker St, Springfield MA 01151

Total Gross Income (Calculated)$41,556

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms1

Bathrooms

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 26-28 Parker St, Springfield MA 01151

Listing ID73508748

Property TypeMulti Family

Price699000 ($364.06/SqFt)

Style5+ Family - 5+ Units Up/down

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total1920

Approximate Lot Size (Acres)0.17

Total Parking2

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningB1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 26-28 Parker St, Springfield MA 01151

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Items And Furniture Are Excluded Including Mounted Tv In Kitchen.

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 26-28 Parker St, Springfield MA 01151

Real Estate Taxes7443.29

Tax Year2025

Assessed Value$474,700

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 26-28 Parker St, Springfield MA 01151

Neighborhood(s)

Area Amenities

Contact Information for 26-28 Parker St, Springfield MA 01151

Agent

Name: Pablo Ottenwalder

Office

Name: Premier Choice Realty

Phone: 413-200-8642

Team Members

Payment Calculator

, Interest

Property Taxes 620.27

Principal & Interest 4307.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Premier Choice Realty

Pablo Ottenwalder

Agent Phone

Office Phone

(413) 200-8642

Text Agent Call Agent Call Office

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EXIT

9 More Photos

Active

26-28 Parker St, Springfield MA 01151

$699,000

Annual Expenses for 26-28 Parker St, Springfield MA 01151

Annual Income & Unit Breakdown for 26-28 Parker St, Springfield MA 01151

General Information for 26-28 Parker St, Springfield MA 01151

Disclosures for 26-28 Parker St, Springfield MA 01151

Financial Information for 26-28 Parker St, Springfield MA 01151

Location Information for 26-28 Parker St, Springfield MA 01151

Contact Information for 26-28 Parker St, Springfield MA 01151

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Premier Choice Realty

Pablo Ottenwalder