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58-60 Beverly Lane, Springfield MA 01151

Pending

58-60 Beverly Lane, Springfield MA 01151

$399,900

Estimated $1,085/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $199,950

Total Rent: 26400/year

Estimated CAP Rate:

4 Bedrooms

Baths

1824

Total Parking: 4

8,194 (0.19)

Don’t miss this exceptional opportunity to own a well-maintained duplex in the desirable Indian Orchard area! Whether you’re an owner-occupant looking to offset your mortgage or a savvy investor seeking a turnkey income-producing property, this duplex checks all the boxes.Each spacious unit offers four rooms, including two generously sized bedrooms, one full bath, and one half bath. Both apartments have been meticulously maintained by the current tenants and attentive landlord, reflecting true pride of ownership throughout. The property features efficient natural gas heat, central air conditioning, and separate utilities for added convenience. An added bonus is the separate water meters for each unit, allowing a future owner the option of having tenants pay their own water expenses.The property is currently occupied by two reliable tenants who are both on month-to-month tenancy agreements, providing flexibility for an investor wishing to retain the tenants or for a buyer looking to owner-occupy one of the units with ease.Ideally situated in the sought-after Indian Orchard area, this home is nestled in a quiet, family-friendly neighborhood with convenient access to major highways, colleges and universities, shopping centers, restaurants, public transportation, and other everyday amenities. Its desirable location, strong rental potential, and low-maintenance features make this a fantastic addition to any investment portfolio or a smart choice for a first-time multifamily buyer.Opportunities like this don’t come along often. Schedule your private showing today and discover the value, flexibility, and long-term potential this outstanding duplex has to offer!

This home has been viewed 25 times

Last Checked: October 15th, 2026 at 8:48am (Source: MLS PIN #73560092)

Gross Income: $26,400

Gross Expenses: $5,242

Net Income Calc: $21,158

Annual Expenses for 58-60 Beverly Lane, Springfield MA 01151

Total Gross Expenses (Calculated)$5,242/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5242

Annual Income & Unit Breakdown for 58-60 Beverly Lane, Springfield MA 01151

Total Gross Income (Calculated)$26,400

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent IncludesHeat

General Information for 58-60 Beverly Lane, Springfield MA 01151

Listing ID73560092

Property TypeMulti Family / 2 Family

Price399900 ($219.24/SqFt)

Style2 Family - 2 Units Side By Side

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total1824

Approximate Lot Size (Acres)0.19

Total Parking4

Garage Parking0

Year Built1999

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 Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 58-60 Beverly Lane, Springfield MA 01151

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsOne Set Of Washer And 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 58-60 Beverly Lane, Springfield MA 01151

Real Estate Taxes5242

Tax Year2025

Assessed Value$334,300

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 58-60 Beverly Lane, Springfield MA 01151

High SchoolCentral Hs - Putnam Vocational

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 58-60 Beverly Lane, Springfield MA 01151

Agent

Name: Ericca F. Herbert

Office

Name: Today Real Estate, Inc.

Phone: 413-579-8555

Payment Calculator

, Interest

Property Taxes 436.83

Principal & Interest 2464.06

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Today Real Estate, Inc.

Ericca F. Herbert

Agent Phone

Office Phone

(413) 579-8555

Text Agent Call Agent Call Office

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EXIT

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