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459-461 Armory St, Springfield MA 01104

$395,000

Estimated $1,092/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $131,666.67

Total Rent: 47700/year

Estimated CAP Rate:

9 Bedrooms

Baths

3075

Total Parking: 4

5,368 (0.12)

Excellent opportunity for investors! This fully rented three-family investment property features long-term tenants and offers 3,075 square feet of living space with a total of 15 rooms, 9 bedrooms, and 3 full bathrooms. Each unit has separate utilities. Current rents are below market value, offering strong potential for increased cash flow. Conveniently located near shopping, restaurants, parks, medical facilities, and major commuter routes.

This home has been viewed 25 times

Last Checked: June 11th, 2026 at 4:58am (Source: MLS PIN #73530208)

Gross Income: $47,700

Gross Expenses: $5,415

Net Income Calc: $42,285

Annual Expenses for 459-461 Armory St, Springfield MA 01104

Total Gross Expenses (Calculated)$5,415/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5415

Annual Income & Unit Breakdown for 459-461 Armory St, Springfield MA 01104

Total Gross Income (Calculated)$47,700

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Rent Includes

General Information for 459-461 Armory St, Springfield MA 01104

Listing ID73530208

Property TypeMulti Family / 3 Family

Price395000 ($128.46/SqFt)

Style3 Family - 3 Units Up/down

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total3075

Approximate Lot Size (Acres)0.12

Total Parking4

Garage Parking0

Year Built1898

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

ZoningR2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 459-461 Armory St, Springfield MA 01104

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 459-461 Armory St, Springfield MA 01104

Real Estate Taxes5415

Tax Year2026

Assessed Value$350,300

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 459-461 Armory St, Springfield MA 01104

Neighborhood(s)

Area Amenities

Contact Information for 459-461 Armory St, Springfield MA 01104

Agent

Name: Xiaoming Zhao

Office

Name: Executive Real Estate, Inc.

Phone: 413-596-2212

Payment Calculator

, Interest

Property Taxes 451.25

Principal & Interest 2433.86

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Executive Real Estate, Inc.

Xiaoming Zhao

Agent Phone

Office Phone

(413) 596-2212

Text Agent Call Agent Call Office

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EXIT

5 More Photos

Active

459-461 Armory St, Springfield MA 01104

$395,000

Annual Expenses for 459-461 Armory St, Springfield MA 01104

Annual Income & Unit Breakdown for 459-461 Armory St, Springfield MA 01104

General Information for 459-461 Armory St, Springfield MA 01104

Disclosures for 459-461 Armory St, Springfield MA 01104

Financial Information for 459-461 Armory St, Springfield MA 01104

Location Information for 459-461 Armory St, Springfield MA 01104

Contact Information for 459-461 Armory St, Springfield MA 01104

Agent

Office

Payment Calculator

Exclusive Listing Agent

Executive Real Estate, Inc.

Xiaoming Zhao