45-47 Methuen St Springfield — Photo 1 of 40
$389,900
Investment Analysis — 45-47 Methuen St
Springfield, MA 01119 — Pine Pt Bstn Rd
Based on rent reported on the MLS listing, a 2-unit multi-family in 01119 carries $3,600/mo in gross rent — about a 7.36% cap rate and $28,716/yr in estimated NOI at the $389,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,976
Style
2 Family - 2 Units Up/Down
Built
1927
Attention Investors! This well-maintained 2-family home, on a Dead End Street, offers two 2-bedroom units, each featuring hardwood floors, a bright living room, gas heat, and a sun-filled dining room. First floor bathroom and kitchen recently updated as well as the second floor bathroom. This property also includes updated front porches on both levels and updated back decks for both units and a fully fenced yard. There is a two-car garage that is currently set up as additional storage and additional off-street parking for 5 vehicles. Two owned hot water heaters installed in 2021 & 2022, two new furnaces in 2024 and new wood stove in 2025 for additional winter comfort and savings. Situated in a highly convenient central location, you're minutes from shopping, restaurants, churches, and everyday amenities. Located in the heart of the Pine Point neighborhood of Springfield. No showings until after the Open House Sunday 9/13/26.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Interior Specifications
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Amenities & Appliances
Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Medical Facility • Bike Path • Highway Access • House of Worship
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Listing Agent: Rich Tariff And Associates
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73575997