Fantastic opportunity to own a freshly renovated two-family property offering the perfect combination of modern updates, rental income, and long-term investment potential! Whether you're looking to owner-occupy or expand your real estate portfolio, this property is ready to impress. Unit 1 is conveniently vacant and features 3 spacious bedrooms, making it an ideal option for an owner-occupied buyer. Enjoy a beautifully updated kitchen complete with new custom cabinetry, stone countertops, and updated appliances. Move right in and let the rental income from the second unit help offset your monthly mortgage payment! Unit 2 is currently rented and generating great income. This unit has also been updated with a new kitchen featuring stone countertops and updated appliances, plus the added convenience of 2 full bathrooms. An oversized solar system provides substantial energy production, adding another valuable feature to this income-producing unit. Both units benefit from younger heating systems and water heaters, helping reduce concerns over major mechanical expenses. With extensive renovations already completed, this property offers an attractive opportunity to step into multifamily ownership at an affordable price point. Live in one unit and rent the other, or add a turnkey income-producing property to your investment portfolio. With updated interiors, existing rental income, solar energy, and major systems already improved, this two-family offers tremendous potential for both today's buyer and tomorrow's investor. Don't miss this opportunity!
This home has been viewed 5 times
Last Checked: September 16th, 2026 at 1:08am (Source: MLS PIN #73573608)
Gross Income: $26,400
Gross Expenses: $2,190
Net Income Calc: $24,210
Water Views
Annual Expenses for 81 Adams St, Springfield MA 01105
Total Gross Expenses (Calculated)$2,190/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax2190
Annual Income & Unit Breakdown for 81 Adams St, Springfield MA 01105
Total Gross Income (Calculated)$26,400
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 81 Adams St, Springfield MA 01105
Listing ID73573608
Property TypeMulti Family
Price375000 ($123.52/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total3036
Approximate Lot Size (Acres)0.11
Total Parking2
Garage Parking0
Year Built1893
Year Built SourcePublic Records
Year Built DetailsRenovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area1012
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR3
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 81 Adams St, Springfield MA 01105
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings.
Financial Data SourceEstimated
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 81 Adams St, Springfield MA 01105
Real Estate Taxes2190
Tax Year2025
Assessed Value$139,700
Financial Data SourceEstimated
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 81 Adams St, Springfield MA 01105
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 81 Adams St, Springfield MA 01105