115 Burns Ave Springfield — Photo 1 of 3
$1
Investment Analysis — 115 Burns Ave
Springfield, MA 01119
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01119 carries an estimated $2,280/mo in gross rent — about a 2079360.00% cap rate and $20,794/yr in estimated NOI at the $1 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
912
Style
Single Family
Built
1954
PLEASE READ THE ENTIRE LISTING. New to market is this ranch-style home featuring three bedrooms, one full bathroom, and a total of 912 square feet of living area. This property offers off-street parking and is situated on a flat lot within a residential community. Nearby amenities encompass North Branch Park, Mill Pond, along with various dining and entertainment choices. The list price is not indicative of seller's final reserve amount. This property is part of an online bidding event; please visit Auction.com to place bids. Online bidding will begin on 9/20/2026. Inspections of this property and contact with occupants are strictly prohibited. Property is sold "as is" and no for sale sign allowed.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 456 sq ft (the lesser of 900 sq ft or half the 912 sq ft principal dwelling). Lot size: 7,353 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Conservation Area
Geography
Listing Agent: Zachary Decaro
Listing Office: Property Works New England
MLS® Number: 73571318