82-84 Noel St Springfield — Photo 1 of 42
$498,000
Investment Analysis — 82-84 Noel St
Springfield, MA 01108
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-unit multi-family in 01108 carries an estimated $4,070/mo in gross rent — about a 6.23% cap rate and $31,047/yr in estimated NOI at the $498,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
4
SqFt
4,228
Style
Multi Family
Built
1880
OFFER DEADLINE: Thursday 9/3 @ 1PM! Rare opportunity to own a truly unique MIXED-USE property offering exceptional versatility & income potential! This property features a magnificent Victorian home, separate ranch-style residence, & a two-story 5-bay garage/carriage house. The main residence is filled w/character & architectural detail, featuring 9-foot ceilings, stained-glass windows & stunning millwork/moldings/pocket doors. The spacious eat-in kitchen includes appliances that remain, along w/convenient 1st floor laundry. Enjoy the large covered front porch & oversized rear deck overlooking the private yard. The ranch-style home offers 2 bedrooms, 1 full bath, hardwood flooring, & neutral décor, providing excellent potential for rental income, extended family, or additional living space. The impressive carriage house/garage features 5 bays, including an oversized bay with car lift that remains. The garage addition is steel-beam construction & offers tremendous potential for workshop/storage or car enthusiast. A rare combination w/multiple structures, expansive garage space, and a desirable .58-acre lot. Sold as-is condition!
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 MLS and other third-party data may be inaccurate or out of date.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 • Dishwasher • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Golf • Highway Access
Geography
Listing Agent: Jen Wilson Home Team
Listing Office: Berkshire Hathaway HomeServices Realty Professionals
MLS® Number: 73567660