aisellshomes.space

$2,090,000

Active

91 E Park St

Springfield, MA, 01105

Multi-Family · MLS #73504070

Price/sqft

$172

Days on market

103 days

Year built

1930

Lot size

0.10 ac

12,184 sq ft

Sq Ft

0.10 acres

Lot

1930

Year Built

Taxes: $21,033 (2025)

About this home

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.

Price history

  1. Listed

    May 21, 2026 · 3 mo ago

    $2,150,000

  2. Price reduced

    Jul 2, 2026 · 2 mo ago

    $2,090,000

    Price upon request (-2.8%)

Location

91 E Park St, Springfield, MA, 01105

Property details

Road type
Public
Basement
Full, Exterior Access

Listed by Raquel Medina · Lock and Key Realty Inc.

Schedule a showing

91 E Park St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$13,368 / month

Down payment20% · $418,000
Interest rate6.66%

Loan term

Principal & interest
$10,745
Property tax
$1,753
Home insurance
$871

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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