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471-473 Dickinson St, Springfield MA 01108

$479,900

Estimated $1,251/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $239,950

Total Rent: 16800/year

Estimated CAP Rate:

6 Bedrooms

Baths

3693

Total Parking: 4

5,001 (0.11)

**HOUSE HACKING OPPORTUNITY IN FOREST PARK!** Live in one unit and have the second unit help offset your monthly housing costs! This two-family property offers an exciting opportunity for an owner-occupant, first-time buyer, or investor looking to build equity while generating rental income.The smart layout provides the flexibility to make the first floor your home while renting the second-floor unit. Whether you're looking to reduce your out-of-pocket housing expense, create an additional income stream, or expand your investment portfolio, this property gives you options.One of the property's standout features is the **private driveway with parking for up to four vehicles**—a major convenience for both owner occupants and tenants. Enjoy off-street parking at home without the hassle of searching for a space on the street.Located in Springfield's Forest Park neighborhood, this property puts you in a convenient residential setting close to everyday amenities, shopping, dining, parks, schools, public transportation, and major roadways.**Why rent when you can own and potentially have your tenant help contribute toward the mortgage?** This is an opportunity to turn your home into an investment while enjoying the benefits of owner-occupied living.Whether you're a first-time homebuyer looking for a creative path to homeownership or an experienced investor searching for your next opportunity, this two-family property is worth seeing.**Live in one. Rent the other. Build equity. Create opportunity.**Schedule your private showing today and see how this Forest Park two-family property could work for you!

This home has been viewed 10 times

Last Checked: October 10th, 2026 at 8:03am (Source: MLS PIN #73586692)

Gross Income: $16,800

Gross Expenses: $5,674

Net Income Calc: $11,126

Water Views

Annual Expenses for 471-473 Dickinson St, Springfield MA 01108

Total Gross Expenses (Calculated)$5,674/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5674

Annual Income & Unit Breakdown for 471-473 Dickinson St, Springfield MA 01108

Total Gross Income (Calculated)$16,800

Unit 1

Rental Income$0

LeaseN

Bedrooms2

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 471-473 Dickinson St, Springfield MA 01108

Listing ID73586692

Property TypeMulti Family / 2 Family

Price479900 ($129.95/SqFt)

Style2 Family - 2 Units Up/down

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total3693

Approximate Lot Size (Acres)0.11

Total Parking4

Garage Parking0

Year Built1909

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR3

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 471-473 Dickinson St, Springfield MA 01108

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.

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 471-473 Dickinson St, Springfield MA 01108

Real Estate Taxes5674

Tax Year2026

Assessed Value$367,000

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 471-473 Dickinson St, Springfield MA 01108

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 471-473 Dickinson St, Springfield MA 01108

Agent

Name: Wilfredo Lopez Jr.

Office

Name: Homes Logic Real Estate, LLC

Phone: 413-731-1111

Payment Calculator

, Interest

Property Taxes 472.83

Principal & Interest 2956.99

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Homes Logic Real Estate, LLC

Wilfredo Lopez Jr.

Agent Phone

Office Phone

(413) 731-1111

Text Agent Call Agent Call Office

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EXIT