**INVESTMENT OPPORTUNITY!** Imagine adding a fully occupied two-family to your portfolio and collecting rental income from day one. Located in Springfield’s **Forest Park neighborhood**, 82–84 Maryland Street offers two spacious units, each featuring 3 bedrooms, 1 full bath, a large living room, dining room and eat-in kitchen—a versatile layout with lasting rental appeal. Current rents are $1,200 and $1,300 per month. Each unit offers convenient in-unit laundry in the kitchen, its own natural gas boiler and separate electrical panels, while updated meters add another important improvement. Additional storage is available in both the basement and attic.Outside, a large paved driveway provides plenty of off-street parking and leads to a 2-car garage, currently used for storage. Recent decking repairs have also been completed.The Forest Park location puts tenants within easy reach of Forest Park (literally at the end of the street), “The X,” Longmeadow, Downtown Springfield, shopping, dining and major commuter routes.With tenants already in place, separate utilities, established rents, generous parking and a 2-car garage, much of what investors look for is already here. Whether this is your first multi-family or the next addition to a growing portfolio, come see the possibilities at 82–84 Maryland Street and decide how it fits into your investment strategy.
This home has been viewed 22 times
Last Checked: September 30th, 2026 at 8:13am (Source: MLS PIN #73580716)
Gross Income: $30,000
Gross Expenses: $4,205
Net Income Calc: $25,795
Water Views
Annual Expenses for 82-84 Maryland St, Springfield MA 01108
Total Gross Expenses (Calculated)$4,205/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4205
Annual Income & Unit Breakdown for 82-84 Maryland St, Springfield MA 01108
Total Gross Income (Calculated)$30,000
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 82-84 Maryland St, Springfield MA 01108
Listing ID73580716
Property TypeMulti Family / 2 Family
Price350000 ($144.03/SqFt)
Style2 Family - 2 Units Up/down
CitySpringfield
CountyHampden
MLS AreaForest Park
Neighborhood(s)
Approximate Living Area Total2430
Approximate Lot Size (Acres)0.11
Total Parking10 (2 Garage)
Garage Parking2
Year Built1924
Year Built SourcePublic Records
Year Built DetailsActual,Renovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 82-84 Maryland St, Springfield MA 01108
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSwing Set
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 82-84 Maryland St, Springfield MA 01108
Real Estate Taxes4205
Tax Year2025
Assessed Value$268,200
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 82-84 Maryland St, Springfield MA 01108
Elementary SchoolPer Boe
Middle SchoolPer Boe
High SchoolPer Boe
Neighborhood(s)
MLS AreaForest Park
Area AmenitiesWalk/jog Trails
Contact Information for 82-84 Maryland St, Springfield MA 01108