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Active Under Contract

40 Ames St, Springfield MA 01104

$242,000

Estimated $733/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $121,000

Total Rent: 25800/year

Estimated CAP Rate:

2 Bedrooms

Baths

1248

Total Parking: 4

4,968 (0.11)

Excellent investment opportunity! This well-maintained two-family property features two one-bedroom, one-bath units, each offering comfortable living spaces and practical layouts. Conveniently located in an established Springfield neighborhood with easy access to shopping, dining, schools, public transportation, and major highways. Both units are currently leased, providing immediate rental income for investors or an ideal opportunity to add to your portfolio.

This home has been viewed 12 times

Last Checked: August 1st, 2026 at 9:03am (Source: MLS PIN #73544831)

Gross Income: $25,800

Gross Expenses: $4,089

Net Income Calc: $21,711

Annual Expenses for 40 Ames St, Springfield MA 01104

Total Gross Expenses (Calculated)$4,089/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4089

Annual Income & Unit Breakdown for 40 Ames St, Springfield MA 01104

Total Gross Income (Calculated)$25,800

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 40 Ames St, Springfield MA 01104

Listing ID73544831

Property TypeMulti Family

Price242000 ($193.91/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total1248

Approximate Lot Size (Acres)0.11

Total Parking4

Garage Parking0

Year Built1941

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area1248

Foundation Description

Accessible Features

Outdoor Space

ZoningR

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 40 Ames St, Springfield MA 01104

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher / Dryer

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 40 Ames St, Springfield MA 01104

Real Estate Taxes4089

Tax Year2026

Assessed Value$184,000

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 40 Ames St, Springfield MA 01104

Neighborhood(s)

Area Amenities

Contact Information for 40 Ames St, Springfield MA 01104

Agent

Name: Mary O'Connell

Office

Name: Wolcott Realty

Phone: 413-218-4344

Payment Calculator

, Interest

Property Taxes 340.75

Principal & Interest 1491.13

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Wolcott Realty

Mary O'Connell

Agent Phone

Office Phone

(413) 218-4344

Text Agent Call Agent Call Office

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EXIT

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