Active
2 Days on market
27 Border St Springfield — Photo 1 of 2

27 Border St Springfield — Photo 1 of 2

$265,000

Investment Analysis — 27 Border St

Springfield, MA 01104

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01104 carries an estimated $2,410/mo in gross rent — about a 7.02% cap rate and $18,602/yr in estimated NOI at the $265,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

1,616

Style

Single Family

Built

1916

Attention Investors & Owner-Occupants! This is the sweet equity opportunity smart buyers have been waiting for! Offering 4 bedrooms, 2 full baths, and over 1,600 square feet of living space, this property sits on an almost double-sized lot with tremendous potential. Features include a brand-new roof, 2-car garage, and mostly finished basement providing additional usable space. With a generous layout, expansive lot, and room to add your personal touches, this property offers the perfect opportunity to build sweet equity and unlock its full potential. Bring your vision and make this one yours!

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: 808 sq ft (the lesser of 900 sq ft or half the 1,616 sq ft principal dwelling). Lot size: 9,831 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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$265,000
Annual Taxes$3,377

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms8
FireplacesNone
Flooring--
BasementFull, Partially Finished, Interior Entry

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationBlock
ZoningR1

Property & Lot

Acres0.23
SqFt Lot9,831
Lot FeaturesCleared

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2
First
Living RoomKitchenBathroom 1
Living Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl Second
Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Listing Provided By

Listing Agent: Migdalia Buxo

Listing Office: Berkshire Hathaway HomeServices Realty Professionals

MLS® Number: 73576055