Timeless character with modern updates. This exceptional two-family located in the heart of the Historic McKnight District. Rich in architectural detail, each residence is separated by its own brick firewall, offering privacy while showcasing craftsmanship and charm of a bygone era. From the original hardwood floors and exposed brick, this property is full of warmth and character. Both units offer spacious layouts, while one features an impressive primary suite. Additional finished space on the third floors provides flexibility for expanded living areas. Multiple screened porches create the perfect place to enjoy the changing seasons.Recent improvements include updated electrical service, a newer boiler, and a freshly painted exterior. Outside offers an expansive backyard, and a detached two-car garage. INVESTORS, this is an outstanding opportunity to own a well-maintained property with strong income in one of Springfield's most desirable historic neighborhoods. Motivated seller!
This home has been viewed 7 times
Last Checked: July 12th, 2026 at 7:43pm (Source: MLS PIN #73548451)
Gross Income: $132,000
Gross Expenses: $2,900
Net Income Calc: $129,100
Annual Expenses for 127-129 Thompson St., Springfield MA 01109
Total Gross Expenses (Calculated)$2,900/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax2900
Annual Income & Unit Breakdown for 127-129 Thompson St., Springfield MA 01109
Total Gross Income (Calculated)$132,000
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit3
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit3
Rent Includes
General Information for 127-129 Thompson St., Springfield MA 01109
Listing ID73548451
Property TypeMulti Family / 2 Family
Price489000 ($110.48/SqFt)
Style2 Family - 2 Units Side By Side
CitySpringfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total4426
Approximate Lot Size (Acres)0.15
Total Parking14 (2 Garage)
Garage Parking2
Year Built1897
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRES B
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 127-129 Thompson St., Springfield MA 01109
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.
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 127-129 Thompson St., Springfield MA 01109
Real Estate Taxes2900
Tax Year2025
Assessed Value$400,000
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 127-129 Thompson St., Springfield MA 01109
Neighborhood(s)
Area Amenities
Contact Information for 127-129 Thompson St., Springfield MA 01109