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104 Narragansett St, Springfield MA 01107

Active

104 Narragansett St, Springfield MA 01107

$459,000

Estimated $1,067/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $229,500

Total Rent: 22200/year

Estimated CAP Rate:

9 Bedrooms

Baths

4125

Total Parking: 10 (2 Garage)

13,456 (0.31)

Welcome to 104 Narragansett Street, a spacious two-family property ideally located just steps from Baystate Medical Center. Offering an excellent combination of existing rental income, generous living space, and a highly convenient location, this property presents a unique opportunity for investors or owner-occupants.The first-floor apartment is currently occupied by a long-term tenant paying market rent, providing immediate rental income for the new owner. The expansive upper unit spans the second and third floors and features six generously sized bedrooms. Each level has its own full bathroom, with one located on the second floor and another on the third floor.With bedrooms and living space spread across two floors, the upper unit offers plenty of room and flexibility. For added convenience, it also includes in-unit washer and dryer hookups. The unit is currently furnished, and the furnishings may remain or be removed depending on the buyer’s preference and the agreed-upon terms of the sale.Each apartment has its own private porch or deck, providing both units with dedicated outdoor space. The property also features a large detached garage and a long driveway with plenty of off-street parking—an especially valuable feature in this convenient location.With its substantial size, established first-floor tenancy, oversized six-bedroom upper unit, private outdoor spaces, detached garage, ample parking, and exceptional proximity to Baystate Medical Center, 104 Narragansett Street is a compelling multifamily opportunity. Whether you are looking to expand your investment portfolio or occupy the spacious upper unit while collecting rent from the first floor, this distinctive Springfield property offers space, flexibility, and strong income-producing potential.

This home has been viewed 5 times

Last Checked: September 23rd, 2026 at 4:34am (Source: MLS PIN #73569548)

Gross Income: $22,200

Gross Expenses: $3,873

Net Income Calc: $18,327

Annual Expenses for 104 Narragansett St, Springfield MA 01107

Total Gross Expenses (Calculated)$3,873/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax3873

Annual Income & Unit Breakdown for 104 Narragansett St, Springfield MA 01107

Total Gross Income (Calculated)$22,200

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms6

Bathrooms2 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 104 Narragansett St, Springfield MA 01107

Listing ID73569548

Property TypeMulti Family

Price459000 ($111.27/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total4125

Approximate Lot Size (Acres)0.31

Total Parking10 (2 Garage)

Garage Parking2

Year Built1915

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 104 Narragansett St, Springfield MA 01107

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRequest Details

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 104 Narragansett St, Springfield MA 01107

Real Estate Taxes3873

Tax Year2025

Assessed Value$247,000

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 104 Narragansett St, Springfield MA 01107

Neighborhood(s)

Area Amenities

Contact Information for 104 Narragansett St, Springfield MA 01107

Agent

Name: Jessica Mekal

Office

Name: Lock and Key Realty Inc.

Phone: 413-282-8080

Payment Calculator

, Interest

Property Taxes 322.75

Principal & Interest 2828.21

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lock and Key Realty Inc.

Jessica Mekal

Agent Phone

Office Phone

(413) 282-8080

Text Agent Call Agent Call Office

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EXIT

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