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Active

199 Eastern Ave, Springfield MA 01109

$459,900

Estimated $1,132/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $229,950

Total Rent: 0/year

Estimated CAP Rate:

9 Bedrooms

Baths

2973

Total Parking: 3

3,798 (0.09)

This massive property on Eastern Ave offers an impressive 9 bedrooms and 3 full bathrooms across spacious units, making it ideal for both owner-occupants and savvy investors alike. The property also features an additional 3 finished rooms and a full bathroom in the basement, presenting endless possibilities for expansion, extended living space, home office setup, or creative use.The vacant first-floor unit combined with the basement space provides immediate flexibility for an owner-occupant looking to “live for free” while collecting rental income from the upper units to pay mortgage. Solar panels add additional value and help reduce utility costs, especially for the owner-occupied spaces.The second and third-floor tenants are currently tenants-at-will and are willing to pay market rent from day one, creating strong income potential right away.Whether you’re looking to expand your portfolio or house-hack, Dont miss it!

This home has been viewed 12 times

Last Checked: June 14th, 2026 at 5:34am (Source: MLS PIN #73514054)

Gross Income: $0

Gross Expenses: $4,633

Net Income Calc: $4,633

Annual Expenses for 199 Eastern Ave, Springfield MA 01109

Total Gross Expenses (Calculated)$4,633/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4633

Annual Income & Unit Breakdown for 199 Eastern Ave, Springfield MA 01109

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms6

Bathrooms2 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 199 Eastern Ave, Springfield MA 01109

Listing ID73514054

Property TypeMulti Family / 3 Family

Price459900 ($154.69/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total2973

Approximate Lot Size (Acres)0.09

Total Parking3

Garage Parking0

Year Built1908

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 199 Eastern Ave, Springfield MA 01109

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsFireplace Mantel In Living Room Is Excluded.

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 199 Eastern Ave, Springfield MA 01109

Real Estate Taxes4633

Tax Year2025

Assessed Value$295,500

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 199 Eastern Ave, Springfield MA 01109

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 199 Eastern Ave, Springfield MA 01109

Agent

Name: Benny Troncoso

Office

Name: eXp Realty LLC - Corporate Office

Phone: 888-854-7493

Payment Calculator

, Interest

Property Taxes 386.08

Principal & Interest 2833.76

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty LLC - Corporate Office

Benny Troncoso

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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EXIT

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