Classic Bostonian-style duplex offering strong potential for investors or owner-occupants. This two-family home features wood-burning fireplaces in each unit, adding warmth and character, as well as hardwood flooring throughout much of the living space. Each unit also has its own separate basement. The exterior is finished with low-maintenance aluminum siding. The property is in need of updates and repairs, providing an excellent opportunity to add value and customize to your vision. Each unit offers a traditional layout with spacious rooms. A unique feature is the third-floor space consisting of five additional rooms, which may be accessed privately through each unit, offering potential for expanded living area or flexible use (buyer to verify). It's conveniently located with strong upside potential, making it a solid opportunity for investors or those building equity.
This home has been viewed 4 times
Last Checked: August 10th, 2026 at 8:08am (Source: MLS PIN #73561261)
Gross Income: $0
Gross Expenses: $3,047
Net Income Calc: $3,047
Annual Expenses for 157-159 Lebanon St, Springfield MA 01109
Total Gross Expenses (Calculated)$3,047/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3047
Annual Income & Unit Breakdown for 157-159 Lebanon St, Springfield MA 01109
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms5
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 157-159 Lebanon St, Springfield MA 01109
Listing ID73561261
Property TypeMulti Family
Price290000 ($100.21/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total2894
Approximate Lot Size (Acres)0.22
Total Parking6
Garage Parking0
Year Built1907
Year Built SourcePublic Records
Year Built DetailsApproximate
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 157-159 Lebanon St, Springfield MA 01109
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWindow Air Conditioners
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 157-159 Lebanon St, Springfield MA 01109
Real Estate Taxes3047
Tax Year2025
Assessed Value$194,300
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 157-159 Lebanon St, Springfield MA 01109
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 157-159 Lebanon St, Springfield MA 01109