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184 King St, Springfield MA 01109

$524,000

Estimated $1,180/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $262,000

Total Rent: 52800/year

Estimated CAP Rate:

8 Bedrooms

Baths

2720

Total Parking: 6

14,767 (0.34)

Investor Take Notice: opportunity to own a fully renovated multi-family property, Investment property with a positive cash Flow. The property has two rented apartments & has been Renovated and with many updates. Beautiful 1st & 2nd floor apartments, Both apartments have been remodel & Feature three bedrooms with hardwood flooring and one bath; The kitchen is equipped with a gas stove, refrigerator, microwave, and garbage disposal. The 1st Floor & 2nd Floor are currently being rented as 3 Bedroom apartments. The 1st features a spacious living area, updated large kitchens & updated bathroom & side entrance porch. The 2nd floor ?features a large living room, oversized main bedroom, private porch access, and lots of closet space. ?Both tenants are on lease The property has positive cash flow and more space or rooms available that can be converted. The 1st Floor & 2nd Floor could also be rented as 4th Bedroom units. The 3rd floor ?has space that can be converted into an additional One Bedroom or Studio apartment. The 3rd Floor Space is currently vacant & the 1st Floor has one Bedroom? space being used by the owner as storage space. The Tenants pay for their own utilities. The basement is large, with lots storage space, natural light, cement floor, clean and Washer and Dryer hookups for the tenants on the 1st & 2nd floors. The Washer & Dryers in the basement belong to the tenants. The property has a large fence backyard that can be used for activities @ the property, with two private driveways and ample off street parkings for the tenants apartments. Property is within minutes to the highway, downtown, MGM, Baystate Medical Center & Mercy Hospital.

This home has been viewed 5 times

Last Checked: August 5th, 2026 at 4:53am (Source: MLS PIN #73558678)

Gross Income: $52,800

Gross Expenses: $3,965

Net Income Calc: $48,835

Water Views

Annual Expenses for 184 King St, Springfield MA 01109

Total Gross Expenses (Calculated)$3,965/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax3965

Annual Income & Unit Breakdown for 184 King St, Springfield MA 01109

Total Gross Income (Calculated)$52,800

Unit 1

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 184 King St, Springfield MA 01109

Listing ID73558678

Property TypeMulti Family

Price524000 ($192.65/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total2720

Approximate Lot Size (Acres)0.34

Total Parking6

Garage Parking0

Year Built1905

Year Built SourcePublic Records

Year Built DetailsActual,Renovated Since

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 184 King St, Springfield MA 01109

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsLiving Room Shelves

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 184 King St, Springfield MA 01109

Real Estate Taxes3965

Tax Year2025

Assessed Value$252,900

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 184 King St, Springfield MA 01109

Elementary SchoolSpringfield

Middle SchoolSpringfield

High SchoolSpringfield

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 184 King St, Springfield MA 01109

Agent

Name: Nelson Acosta

Office

Name: Witman Properties, Inc.

Phone: 413-536-2714

Payment Calculator

, Interest

Property Taxes 330.42

Principal & Interest 3228.72

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Witman Properties, Inc.

Nelson Acosta

Agent Phone

Office Phone

(413) 536-2714

Text Agent Call Agent Call Office

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EXIT

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