55-57 Oak St Springfield — Photo 1 of 20
$425,000
Investment Analysis — 55-57 Oak St
Springfield, MA 01151
Based on rent reported on the MLS listing, a 2-unit multi-family in 01151 carries $4,000/mo in gross rent — about a 7.40% cap rate and $31,439/yr in estimated NOI at the $425,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2
SqFt
2,616
Style
2 Family - 2 Units Up/Down
Built
1905
Spacious two-family home offering 6 bedrooms and 2 full baths, with both units delivered VACANT at closing! This gives the next owner flexibility to occupy one unit and rent the other, select their own tenants, accommodate multigenerational living, or add a versatile property to their investment portfolio. Featuring spacious rooms, hardwood floors, updated kitchens with white cabinetry and stainless-steel appliances, and plenty of classic charm. Conveniently located near the Mass Pike and major highways, with easy access to the new Springfield Crossing, shopping, dining, schools and everyday amenities. A great opportunity for owner-occupants and investors alike- vacant, versatile and ready for its next owner!
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Highway Access
Geography
Listing Agent: Raquel Medina
Listing Office: Lock and Key Realty Inc.
MLS® Number: 73570087