
185 East St Springfield — Photo 1 of 25
Recent Drop: $10,000
$270,000
Investment Analysis — 185 East St
Springfield, MA 01104
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01104 carries an estimated $1,820/mo in gross rent — about a 4.72% cap rate and $12,749/yr in estimated NOI at the $270,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,296
Style
Single Family
Built
1954
There’s a lot to like about a house that doesn’t need to be completely redone before you can enjoy it. This Springfield ranch is comfortable now, with plenty of opportunity to make it your own along the way. Hardwood floors run through the living room and bedrooms, while the eat-in kitchen brings some personality with its knotty pine cabinetry and plenty of storage. The layout is simple and practical, with a spacious living room at the center and both bedrooms tucked down the hall. The heating system and central air were updated in 2019, and replacement windows and solar have also been added. Downstairs, the semi-finished basement includes a 3/4 bath and additional space with plenty of possibilities. Outside, there’s a mostly fenced yard and detached 1-car garage. A solid house, a manageable size, and enough character left for the next owner to decide what stays and what changes.
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: 648 sq ft (the lesser of 900 sq ft or half the 1,296 sq ft principal dwelling). Lot size: 7,501 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
Amenities & Appliances
Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Highway Access • House of Worship • Public School
Geography
Property History
$270,000
Was $274,900
Sep 11, 2026
MLS® 73514401
$274,900
Was $275,900
Aug 31, 2026
MLS® 73514401
$275,900
Was $279,900
Aug 24, 2026
MLS® 73514401
$279,900
Was $285,000
Aug 17, 2026
MLS® 73514401
$285,000
Was $295,000
Jul 24, 2026
MLS® 73514401
$295,000
Was $280,000
Jun 25, 2026
MLS® 73514401
$280,000
May 7, 2026
MLS® 73514401
Listing Agent: Keys & Co Home Team
Listing Office: LPT Realty, LLC
MLS® Number: 73514401