337 Parker offers a unique redevelopment opportunity with substantial exterior improvements already completed. This B2 zoned residential-style property is fully vacant and features a new roof and a newly constructed rear porch/egress. Situated on a large paved lot with abundant off-street parking, the property offers exceptional flexibility for business use or future potential for a two-family residence. Seller has obtained zoning-related relief associated with a proposed residential conversion, creating an attractive opportunity for investors, developers, contractors, or owner-occupants seeking a value-add project. Conveniently located near area amenities, major routes, and commercial services. Buyer to perform their own due diligence regarding intended use, zoning, permitting, code compliance, parking requirements, and any approvals required by the City of Springfield.
This home has been viewed 7 times
Last Checked: July 2nd, 2026 at 7:38am (Source: MLS PIN #73527813)
Gross Income: $0
Gross Expenses: $3,874
Net Income Calc: $3,874
Annual Expenses for 337 Parker St, Springfield MA 01129
Total Gross Expenses (Calculated)$3,874/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3874
Annual Income & Unit Breakdown for 337 Parker St, Springfield MA 01129
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit2
Rent Includes
General Information for 337 Parker St, Springfield MA 01129
Listing ID73527813
Property TypeMulti Family
Price199000 ($149.85/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total1328
Approximate Lot Size (Acres)0.17
Total Parking12
Garage Parking0
Year Built1921
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningB2
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 337 Parker St, Springfield MA 01129
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRefrigerator And Some Personal Belongings
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 337 Parker St, Springfield MA 01129
Real Estate Taxes3874
Tax Year2025
Assessed Value$110,000
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 337 Parker St, Springfield MA 01129
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 337 Parker St, Springfield MA 01129