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Active Under Contract

45-47 Methuen St, Springfield MA 01119

$389,900

Estimated $975/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $194,950

Total Rent: 43200/year

Estimated CAP Rate:

4 Bedrooms

Baths

1976

Total Parking: 9 (2 Garage)

5,001 (0.11)

Attention Investors! This well-maintained 2-family home, on a Dead End Street, offers two 2-bedroom units, each featuring hardwood floors, a bright living room, gas heat, and a sun-filled dining room. First floor bathroom and kitchen recently updated as well as the second floor bathroom. This property also includes updated front porches on both levels and updated back decks for both units and a fully fenced yard. There is a two-car garage that is currently set up as additional storage and additional off-street parking for 5 vehicles. Two owned hot water heaters installed in 2021 & 2022, two new furnaces in 2024 and new wood stove in 2025 for additional winter comfort and savings. Situated in a highly convenient central location, you're minutes from shopping, restaurants, churches, and everyday amenities. Located in the heart of the Pine Point neighborhood of Springfield. No showings until after the Open House Sunday 9/13/26.

This home has been viewed 2 times

Last Checked: September 18th, 2026 at 9:28am (Source: MLS PIN #73575997)

Gross Income: $43,200

Gross Expenses: $4,116

Net Income Calc: $39,084

Water Views

Annual Expenses for 45-47 Methuen St, Springfield MA 01119

Total Gross Expenses (Calculated)$4,116/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4116

Annual Income & Unit Breakdown for 45-47 Methuen St, Springfield MA 01119

Total Gross Income (Calculated)$43,200

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 45-47 Methuen St, Springfield MA 01119

Listing ID73575997

Property TypeMulti Family / 2 Family

Price389900 ($197.32/SqFt)

Style2 Family - 2 Units Up/down

CitySpringfield

CountyHampden

MLS AreaPine Pt Bstn Rd

Neighborhood(s)

Approximate Living Area Total1976

Approximate Lot Size (Acres)0.11

Total Parking9 (2 Garage)

Garage Parking2

Year Built1927

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR1

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 45-47 Methuen St, Springfield MA 01119

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 45-47 Methuen St, Springfield MA 01119

Real Estate Taxes4116

Tax Year2025

Assessed Value$262,500

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 45-47 Methuen St, Springfield MA 01119

Elementary SchoolPboe

Middle SchoolPboe

High SchoolPboe

Neighborhood(s)

MLS AreaPine Pt Bstn Rd

Area AmenitiesWalk/jog Trails

Contact Information for 45-47 Methuen St, Springfield MA 01119

Agent

Name: Rich Tariff and Associates

Office

Name: William Raveis R.E. & Home Services

Phone: 413-565-2111

Team Members

Payment Calculator

, Interest

Property Taxes 343

Principal & Interest 2402.44

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

William Raveis R.E. & Home Services

Rich Tariff and Associates

Agent Phone

Office Phone

(413) 565-2111

Text Agent Call Agent Call Office

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    [unparsed] => 45-47 Methuen St, Springfield MA 01119
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EXIT

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