119 Massreco St Springfield — Photo 1 of 23
Recent Drop: $19,001
$289,999
Investment Analysis — 119 Massreco St
Springfield, MA 01109
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01109 carries an estimated $2,180/mo in gross rent — about a 5.39% cap rate and $15,642/yr in estimated NOI at the $289,999 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,794
Style
Single Family
Built
1949
Tastefully updated 3-bedroom home with a bonus room, offering comfortable, move-in-ready living. The remodeled kitchen features refreshed cabinetry, tile backsplash, tiled flooring, and updated fixtures, and opens to a bright, spacious layout with a door leading out to the patio. A generous living room anchors the main space, while the wraparound deck extends the living area outdoors — ideal for entertaining and relaxing. Additional improvements include a newer roof, an exterior patio door, updated vinyl flooring throughout, and updated light and plumbing fixtures. Both full bathrooms have been remodeled with tubs, showers, vanities, and tiled tub and shower surrounds. The home also benefits from updated electrical and plumbing, with updated outlets, switches, and fixtures throughout.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 897 sq ft (the lesser of 900 sq ft or half the 1,794 sq ft principal dwelling). Lot size: 6,399 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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 MLS and other third-party data may be inaccurate or out of date.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
Gas Water Heater
Neighborhood
Public Transportation • Park • Public School
Geography
Property History
$289,999
Was $299,999
Sep 15, 2026
MLS® 73551832
$299,999
Was $304,999
Sep 1, 2026
MLS® 73551832
$304,999
Was $309,000
Aug 17, 2026
MLS® 73551832
$309,000
Jul 18, 2026
MLS® 73551832
Listing Agent: Olivia Grabka
Listing Office: Realty Negotiations, LLC
MLS® Number: 73551832