9-11 Richelieu St Springfield — Photo 1 of 15
$349,900
Investment Analysis — 9-11 Richelieu St
Springfield, MA 01105
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-unit multi-family in 01105 carries an estimated $3,100/mo in gross rent — about a 6.81% cap rate and $23,825/yr in estimated NOI at the $349,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
1,864
Style
2 Family - 2 Units Side by Side
Built
1991
Move-in ready and fully vacant! This beautifully maintained duplex features two updated units with a total of 4 bedrooms, 2 full baths, and 2 half baths. Enjoy spacious two-story living, inviting porches, a private yard, and additional usable space in the basement. A fantastic opportunity for an owner-occupant or investor with both units ready for immediate occupancy. Adjacent lots are also available for sale separately, offering even more possibilities. Convenient Springfield location—come see all this property has to offer!
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 MLS and other third-party data may be inaccurate or out of date.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.
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Microwave • Rangetop - ENERGY STAR
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Listing Agent: New Homes Realty Group
Listing Office: Gallagher Real Estate
MLS® Number: 73577716