Welcome to 130-132 West Alvord Street, a well-maintained two-family property located in a desirable Springfield neighborhood. This turnkey multifamily home presents an outstanding opportunity for investors seeking strong cash flow or owner-occupants looking to offset their mortgage with rental income. Major updates have already been completed, including a newer roof, updated windows, and two newer boilers, providing added value and peace of mind. Both units will be delivered vacant at closing, offering immediate flexibility for a new owner to occupy or lease at market rent. Conveniently located near schools, shopping, restaurants, public transportation, and major highways, this property offers both comfort and convenience for tenants and homeowners alike. Whether you’re expanding your investment portfolio or purchasing your first multifamily property, this income-producing home combines solid rental potential, key mechanical updates, and a prime location.
This home has been viewed 21 times
Last Checked: June 16th, 2026 at 4:28am (Source: MLS PIN #73534680)
Gross Income: $21,600
Gross Expenses: $4,884
Net Income Calc: $16,716
Water Views
Annual Expenses for 130-132 West Alvord, Springfield MA 01104
Total Gross Expenses (Calculated)$4,884/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4884
Annual Income & Unit Breakdown for 130-132 West Alvord, Springfield MA 01104
Total Gross Income (Calculated)$21,600
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit0
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit0
Rent Includes
General Information for 130-132 West Alvord, Springfield MA 01104
Listing ID73534680
Property TypeMulti Family / 2 Family
Price385000 ($150.27/SqFt)
Style2 Family - 2 Units Up/down
CitySpringfield
CountyHampden
MLS AreaForest Park
Neighborhood(s)
Approximate Living Area Total2562
Approximate Lot Size (Acres)0.14
Total Parking10 (2 Garage)
Garage Parking2
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 130-132 West Alvord, Springfield MA 01104
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBasement Fridge
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 130-132 West Alvord, Springfield MA 01104
Real Estate Taxes4884
Tax Year2025
Assessed Value$311,000
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 130-132 West Alvord, Springfield MA 01104
Neighborhood(s)
MLS AreaForest Park
Area Amenities
Contact Information for 130-132 West Alvord, Springfield MA 01104