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Exceptional investment opportunity at 91 E Park Street! This 17-unit apartment building consists entirely of one-bedroom apartments, offering a desirable and easy-to-manage unit mix with strong rental demand. Currently generating approximately $21,153 in gross monthly income, the property has only one vacant unit, providing immediate upside through lease-up.The consistent unit configuration supports operational efficiency, simplified management, and stable occupancy. Conveniently located minutes from MGM Springfield, downtown Springfield, major highways, public transportation, shopping, and local amenities, the property is well-positioned to attract and retain tenants.Whether you're looking to expand your portfolio or acquire a stabilized multifamily asset with additional income potential, 91 E Park Street presents a strong investment opportunity in Springfield's growing rental market.

More Info

Basic Information

  • Gross Income $21,153
  • Listing Terms Contract
  • Mls StatusActive
  • Parcel Number S:04320 P:0020,2582628
  • Rent Includes Unit 2(Heat, Hot Water)

Tax Information

  • Tax Assessed Value $1,341,400
  • Tax Year 2025
  • Taxes$21,033

Parking

  • Parking Features Off Street
  • Parking Spaces

Rooms

  • Bathroom17
  • Bathrooms Total Decimal 17
  • Bedrooms17
  • Full Bath17

Basic Information

  • List Price$2,150,000
  • MLS Number73504070
  • Modification Date06/17/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address91 E Park Street
  • Building Number91
  • CountyHampden
  • StateMA
  • StreetE Park Street
  • TownSpringfield
  • Zip01105

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationBrick/Mortar
  • Levels 4
  • Patio And Porch Features Porch
  • Rooms85
  • Stories4
  • Units17
  • Utilities For Gas Range, Varies Per Unit
  • Year Built1930
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.1

Interior

  • Flooring Tile, Varies, Hardwood
  • Interior Features Living Room, Dining Room, Kitchen

Exterior

  • RoofTar/Gravel

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 12,184
  • Lot Size Square Feet 4,151
  • Lot Size Units Acres
  • Square Feet12,184
  • View YN Yes

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Legal

  • ZoningC1

Other

  • Date Listed04/20/2026
  • Farm Land Area Units Square Feet
  • View Count11

Map Location

Driving Directions

Listed by Raquel Medina of Lock and Key Realty Inc.

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