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118-120 Commonwealth Ave, Springfield MA 01108

Active Under Contract

118-120 Commonwealth Ave, Springfield MA 01108

$389,900

Estimated $1,038/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $194,950

Total Rent: 21600/year

Estimated CAP Rate:

6 Bedrooms

Baths

2688

Total Parking: 5 (1 Garage)

5,001 (0.11)

Welcome to 118-120 Commonwealth Ave, a charming and well-kept two-family home in Springfield's Forest Park neighborhood! Each spacious unit offers 3 bedrooms and 1 bath, making this property a great find for both owner-occupants and investors alike. Inside, enjoy generous living areas, hardwood floors, and abundant natural light. Both units have been recently updated with a comfortable, modern layout, while separate utilities and gas heat add ease for multi-family living. Laundry hookups and extra basement storage make it even more practical. Updates include two newer gas furnaces (2017), updated plumbing, updated electrical (2017), roof (2022). Just blocks from beautiful Forest Park and close to shopping, dining, public transit, and major routes, this property is perfect whether you're looking to grow your investment portfolio or live in one unit while renting the other. Don't miss out on this fantastic opportunity! ***Offer Deadline 9/13 at 4:00***

This home has been viewed 3 times

Last Checked: September 16th, 2026 at 10:13am (Source: MLS PIN #73573126)

Gross Income: $21,600

Gross Expenses: $10,705

Net Income Calc: $10,895

Annual Expenses for 118-120 Commonwealth Ave, Springfield MA 01108

Total Gross Expenses (Calculated)$10,705/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4866

Annual Income & Unit Breakdown for 118-120 Commonwealth Ave, Springfield MA 01108

Total Gross Income (Calculated)$21,600

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 118-120 Commonwealth Ave, Springfield MA 01108

Listing ID73573126

Property TypeMulti Family / 2 Family

Price389900 ($145.05/SqFt)

Style2 Family - 2 Units Up/down

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total2688

Approximate Lot Size (Acres)0.11

Total Parking5 (1 Garage)

Garage Parking1

Year Built1922

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 118-120 Commonwealth Ave, Springfield MA 01108

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 118-120 Commonwealth Ave, Springfield MA 01108

Real Estate Taxes4866

Tax Year2025

Assessed Value$310,300

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 118-120 Commonwealth Ave, Springfield MA 01108

Neighborhood(s)

Area Amenities

Contact Information for 118-120 Commonwealth Ave, Springfield MA 01108

Agent

Name: The Neilsen Team

Office

Name: The Neilsen Team

Phone: 413-313-4465

Team Members

Payment Calculator

, Interest

Property Taxes 405.5

Principal & Interest 2402.44

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

The Neilsen Team

Agent Phone

Office Phone

(413) 313-4465

Text Agent Call Agent Call Office

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EXIT

39 More Photos

Active Under Contract

118-120 Commonwealth Ave, Springfield MA 01108

$389,900

Annual Expenses for 118-120 Commonwealth Ave, Springfield MA 01108

Annual Income & Unit Breakdown for 118-120 Commonwealth Ave, Springfield MA 01108

General Information for 118-120 Commonwealth Ave, Springfield MA 01108

Disclosures for 118-120 Commonwealth Ave, Springfield MA 01108

Financial Information for 118-120 Commonwealth Ave, Springfield MA 01108

Location Information for 118-120 Commonwealth Ave, Springfield MA 01108

Contact Information for 118-120 Commonwealth Ave, Springfield MA 01108

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

The Neilsen Team

The Neilsen Team