$2,090,000
Active91 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
Listed
May 21, 2026 · 3 mo ago
$2,150,000
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
Estimated payment
$13,368 / month
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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