Well-maintained multifamily property offering an excellent opportunity for both investors and owner-occupants. The property features three units, including a spacious first-floor unit with 3 bedrooms, a second-floor unit with 2 bedrooms, and a third-floor unit with 1 bedroom. Two units are currently vacant, providing a great opportunity for an owner-occupant or allowing a new investor to select tenants and establish market rents. The first-floor tenant currently rents the garage, providing additional income potential. With a strong rental layout, flexible occupancy options, and a history of good maintenance, this property is a great opportunity to generate income and build long-term equity.
This home has been viewed 4 times
Last Checked: September 21st, 2026 at 7:53am (Source: MLS PIN #73571371)
Gross Income: $26,040
Gross Expenses: $4,532
Net Income Calc: $21,508
Annual Expenses for 91-93 Malden St, Springfield MA 01108
Total Gross Expenses (Calculated)$4,532/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4532
Annual Income & Unit Breakdown for 91-93 Malden St, Springfield MA 01108
Total Gross Income (Calculated)$26,040
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 91-93 Malden St, Springfield MA 01108
Listing ID73571371
Property TypeMulti Family / 3 Family
Price429900 ($148.14/SqFt)
Style3 Family
CitySpringfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total2902
Approximate Lot Size (Acres)0.12
Total Parking4 (1 Garage)
Garage Parking1
Year Built1924
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR2
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 91-93 Malden St, Springfield MA 01108
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 91-93 Malden St, Springfield MA 01108
Real Estate Taxes4532
Tax Year2025
Assessed Value$289,000
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 91-93 Malden St, Springfield MA 01108
Neighborhood(s)
Area Amenities
Contact Information for 91-93 Malden St, Springfield MA 01108