This multi-family residence at 117-119 Groveland St, Springfield, MA, offers a substantial 2189 square feet of living space, presenting a significant investment opportunity within a well-established community. Just one mile from the East Longmeadow/Longmeadow line. This property is designed for those seeking both an income-generating asset and or a comfortable living environment that could be ideal for multi-generational living. The residence features six generously proportioned bedrooms, providing ample private accommodations across its three stories. Complementing these living spaces are three full bathrooms, thoughtfully distributed to serve the needs of multiple occupants. Further enhancing the property's appeal are two dedicated garage spaces, a practical amenity for urban living. The lot size encompasses 5053 square feet, offering potential for outdoor enjoyment or future landscaping enhancements. We invite you to explore the potential of this home. Tenants up to date on rent and currently on month to month leases. Minutes from 91 and close to area amenities such as Forest Park, MGM, colleges and hospitals.
This home has been viewed 5 times
Last Checked: September 15th, 2026 at 11:08am (Source: MLS PIN #73563759)
Gross Income: $42,000
Gross Expenses: $4,191
Net Income Calc: $37,809
Annual Expenses for 117-119 Groveland St, Springfield MA 01108
Total Gross Expenses (Calculated)$4,191/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4191
Annual Income & Unit Breakdown for 117-119 Groveland St, Springfield MA 01108
Total Gross Income (Calculated)$42,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 117-119 Groveland St, Springfield MA 01108
Listing ID73563759
Property TypeMulti Family
Price369900 ($168.98/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
MLS AreaForest Park
Neighborhood(s)
Approximate Living Area Total2189
Approximate Lot Size (Acres)0.12
Total Parking8 (2 Garage)
Garage Parking2
Year Built1925
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningR2
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 117-119 Groveland St, Springfield MA 01108
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings.
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 117-119 Groveland St, Springfield MA 01108
Real Estate Taxes4191
Tax Year2025
Assessed Value$267,300
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 117-119 Groveland St, Springfield MA 01108
Elementary SchoolPer District
Middle SchoolPer District
High SchoolPer District
Neighborhood(s)
MLS AreaForest Park
Area AmenitiesWalk/jog Trails
Contact Information for 117-119 Groveland St, Springfield MA 01108