
129 Catharine St Springfield — Photo 1 of 23
$380,000
Investment Analysis — 129 Catharine St
Springfield, MA 01109
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-unit multi-family in 01109 carries an estimated $3,960/mo in gross rent — about a 8.78% cap rate and $33,363/yr in estimated NOI at the $380,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
1,976
Style
Multi Family
Built
1896
Offer deadline of 11AM Tuesday 9/8. Turnkey, fully VACANT, two-family home in Springfield! Well maintained, and recently refreshed, offering clean, functional living space, ready for its new owner. This home is conveniently located just minutes from several major highways as well as schools, stores and other local amenities. First floor unit has two generously sized bedrooms, full bathroom, large living room, and a modern kitchen. Second floor unit has also two generous sized bedrooms, plus an additional tandem bedroom, a full bathroom, also a modern kitchen, and bright and open living room. Each of the units also contain in unit laundry for added convenience. The property has a spacious and level backyard, a paved drive for off street parking and new decks off of each unit on the side of the home, (2026). Two brand new refrigerators (one for each unit), and stove for the second floor have been ordered and will arrive 9/2, to remain for buyer's enjoyment as well as the stove already on the first floor. Perfect opportunity for owner occupied buyers, multigenerational living or an investor looking to add to their portfolio! Set up your viewing today!
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Katelyn Bishop
Listing Office: Coldwell Banker Realty - Western MA
MLS® Number: 73570187