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559-561 Wilbraham Rd, Springfield MA 01109

Active

559-561 Wilbraham Rd, Springfield MA 01109

$489,900

Estimated $1,186/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $244,950

Total Rent: 18000/year

Estimated CAP Rate:

6 Bedrooms

Baths

2340

Total Parking: 10 (2 Garage)

5,001 (0.11)

Beautiful hardwood floors throughout highlight this well-maintained two-family at 559–561 Wilbraham Road! Updated throughout within the past year, both units offer an excellent opportunity for investors or owner-occupants. The first-floor unit is occupied, while the vacant second-floor unit is ready for immediate occupancy, whether for a new tenant or an owner looking to move in. Both units include lead certificates, and utilities are separate, with tenants paying their own. A detached two-car garage provides valuable parking and storage space. Desirably located just around the corner from Springfield College and across from MassMutual headquarters, the property enjoys an open field across the street, creating a more open setting with fewer neighboring homes directly opposite. With recent updates, beautiful flooring, and flexible occupancy options, this property is a great opportunity to expand your rental portfolio or enjoy the benefits of owner-occupied multifamily living!

This home has been viewed 25 times

Last Checked: October 20th, 2026 at 5:18am (Source: MLS PIN #73591661)

Gross Income: $18,000

Gross Expenses: $4,694

Net Income Calc: $13,306

Annual Expenses for 559-561 Wilbraham Rd, Springfield MA 01109

Total Gross Expenses (Calculated)$4,694/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4694

Annual Income & Unit Breakdown for 559-561 Wilbraham Rd, Springfield MA 01109

Total Gross Income (Calculated)$18,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 559-561 Wilbraham Rd, Springfield MA 01109

Listing ID73591661

Property TypeMulti Family / 2 Family

Price489900 ($209.36/SqFt)

Style2 Family - 2 Units Side By Side

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total2340

Approximate Lot Size (Acres)0.11

Total Parking10 (2 Garage)

Garage Parking2

Year Built1924

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 559-561 Wilbraham Rd, Springfield MA 01109

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSurveillance Devices

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 559-561 Wilbraham Rd, Springfield MA 01109

Real Estate Taxes4694

Tax Year2026

Assessed Value$303,600

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 559-561 Wilbraham Rd, Springfield MA 01109

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 559-561 Wilbraham Rd, Springfield MA 01109

Agent

Name: Jessica Mekal

Office

Name: Lock and Key Realty Inc.

Phone: 413-282-8080

Payment Calculator

, Interest

Property Taxes 391.17

Principal & Interest 3018.61

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lock and Key Realty Inc.

Jessica Mekal

Agent Phone

Office Phone

(413) 282-8080

Text Agent Call Agent Call Office

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    [description] => Beautiful hardwood floors throughout highlight this well-maintained two-family at 559–561 Wilbraham Road! Updated throughout within the past year, both units offer an excellent opportunity for investors or owner-occupants. The first-floor unit is occupied, while the vacant second-floor unit is ready for immediate occupancy, whether for a new tenant or an owner looking to move in. Both units include lead certificates, and utilities are separate, with tenants paying their own. A detached two-car garage provides valuable parking and storage space. Desirably located just around the corner from Springfield College and across from MassMutual headquarters, the property enjoys an open field across the street, creating a more open setting with fewer neighboring homes directly opposite. With recent updates, beautiful flooring, and flexible occupancy options, this property is a great opportunity to expand your rental portfolio or enjoy the benefits of owner-occupied multifamily living!
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EXIT

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