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58-60 Somerset St, Springfield MA 01108

$349,900

Estimated $977/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $174,950

Total Rent: 23400/year

Estimated CAP Rate:

6 Bedrooms

Baths

2444

Total Parking: 3

5,502 (0.13)

Attention investors, contractors, and renovation-minded buyers! Opportunity awaits at this spacious two-family property in Springfield's Forest Park neighborhood. Offering approximately 2,444 sq. ft. of above-grade living space, this property features two generously sized units, each with 3 bedrooms and 1 full bathroom, for a total of 6 bedrooms and 2 full baths. The second-floor unit is currently tenant-occupied, generating $1,950 in monthly rental income, while the first-floor unit offers an opportunity for owner occupancy or additional rental income. Features include hardwood flooring, an enclosed porch, a full basement, and off-street parking. With updates and improvements needed, this property presents an opportunity for investors looking to expand their portfolios, contractors seeking their next project, or buyers ready to build equity through renovations. Conveniently located near Forest Park, shopping, public transportation, and major commuter routes. Property is being offered in its present condition. Buyers and their agents are encouraged to conduct their own due diligence regarding property condition, occupancy, and financing eligibility. Schedule your showing and explore the possibilities!

This home has been viewed 11 times

Last Checked: October 16th, 2026 at 4:38am (Source: MLS PIN #73589207)

Gross Income: $23,400

Gross Expenses: $4,915

Net Income Calc: $18,485

Annual Expenses for 58-60 Somerset St, Springfield MA 01108

Total Gross Expenses (Calculated)$4,915/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4915

Annual Income & Unit Breakdown for 58-60 Somerset St, Springfield MA 01108

Total Gross Income (Calculated)$23,400

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 58-60 Somerset St, Springfield MA 01108

Listing ID73589207

Property TypeMulti Family / 2 Family

Price349900 ($143.17/SqFt)

Style2 Family - 2 Units Up/down

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total2444

Approximate Lot Size (Acres)0.13

Total Parking3

Garage Parking0

Year Built1919

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

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 58-60 Somerset St, Springfield MA 01108

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Tenant Possessions

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 58-60 Somerset St, Springfield MA 01108

Real Estate Taxes4915

Tax Year2026

Assessed Value$317,900

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 58-60 Somerset St, Springfield MA 01108

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 58-60 Somerset St, Springfield MA 01108

Agent

Name: The Generation Group

Office

Name: Coldwell Banker Realty - Western MA

Phone: 413-567-8931

Team Members

Payment Calculator

, Interest

Property Taxes 409.58

Principal & Interest 2155.97

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Western MA

The Generation Group

Agent Phone

Office Phone

(413) 567-8931

Text Agent Call Agent Call Office

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EXIT

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