Space, charm, and convenience await at this East Springfield two-family! Offering approximately 1,941 square feet of living space, this property features two generously sized one-bedroom units, each with an eat-in kitchen, oversized living room, and full bath. The spacious layouts offer comfortable living with plenty of room to spread out. Recent improvements include a new boiler installed 2025 and new hot water tank installed in 2024. A welcoming covered front porch adds character, while the large rear deck is perfect for outdoor dining, entertaining, or relaxing overlooking the backyard. A storage shed and paved driveway add everyday convenience. Located close to highway access, this property is a great opportunity to start or expand your investment portfolio. Come at your touches and add build equity. Schedule your showing today!
This home has been viewed 6 times
Last Checked: September 19th, 2026 at 9:58am (Source: MLS PIN #73579705)
Gross Income: $19,200
Gross Expenses: $4,673
Net Income Calc: $14,527
Water Views
Annual Expenses for 38-40 Grover St, Springfield MA 01104
Total Gross Expenses (Calculated)$4,673/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4673
Annual Income & Unit Breakdown for 38-40 Grover St, Springfield MA 01104
Total Gross Income (Calculated)$19,200
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 38-40 Grover St, Springfield MA 01104
Listing ID73579705
Property TypeMulti Family
Price320000 ($164.86/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
MLS AreaEast Springfield
Neighborhood(s)
Approximate Living Area Total1941
Approximate Lot Size (Acres)0.13
Total Parking4
Garage Parking0
Year Built1924
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 ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 38-40 Grover St, Springfield MA 01104
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSee Broker
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 38-40 Grover St, Springfield MA 01104
Real Estate Taxes4673
Tax Year2025
Assessed Value$298,000
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 38-40 Grover St, Springfield MA 01104
Neighborhood(s)
MLS AreaEast Springfield
Area Amenities
Contact Information for 38-40 Grover St, Springfield MA 01104