Off Market

91 E Park St, Springfield, MA

Springfield · MA 01105

$2,090,000
Price
17
Beds
17
Baths
12184
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1930
Units: 17 Units
Lot size: 4,151 Sq.Ft Lot
Price per square foot: $172 / Sq.Ft
Parking: No Parking

About this home

Exceptional investment opportunity at 91 E Park Street! This 17-unit apartment building consists entirely of one-bedroom apartments, offering a desirable and easy-to-manage unit mix with strong rental demand. Currently generating approximately $21,153 in gross monthly income, the property has only one vacant unit, providing immediate upside through lease-up.The consistent unit configuration supports operational efficiency, simplified management, and stable occupancy. Conveniently located minutes from MGM Springfield, downtown Springfield, major highways, public transportation, shopping, and local amenities, the property is well-positioned to attract and retain tenants.Whether you're looking to expand your portfolio or acquire a stabilized multifamily asset with additional income potential, 91 E Park Street presents a strong investment opportunity in Springfield's growing rental market.

Neighborhood & Transit

91 E Park St, Springfield · MA 01105

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
195 days
Listing Price:
$2,090,000
Price per Sq.Ft:
$172
Tax Assessment:
$1,341,400 in 2025
Taxes:
$1,753 / Monthly

Home Facts

Interior Features

Bedrooms
17
Full Bathrooms
17
Half Bathrooms
0
Living Area
12,184 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
12184
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
4,151 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Brick
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Raquel Medina
Listing office
Lock and Key Realty Inc.
MLS PIN #
73504070
Disclosure
Members of ownership entity are licensed real estate salespersons