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INVESTMENT SNAPSHOT
About this property
Well-maintained 2-family in the Forest Park neighborhood, ideal for investors or owner-occupants. Offering approx. 2,896 sq ft, this property features 4 bedrooms and 3 full baths across two spacious units with functional layouts, generous living and dining areas, and vinyl replacement windows. A large third-floor bonus space provides added flexibility for storage or expansion potential. Enjoy a fenced-in backyard and off-street parking. Conveniently located near parks, shopping, schools, and major routes. Strong income potential with tenants in place who would like to remain, making this a great opportunity to add to your portfolio or offset your mortgage.
Property details
| Units | 2 |
| Living area | 3,072 sqft |
| Lot size | 5,597 sqft |
| Year built | 1920 |
| Price / sqft | $127 |
| County | Hampden |
| MLS # | 73491057 |
Listing status
| Days on market | 4 days |
| Listed on | March 24, 2026 |
Taxes & financials
| Annual property tax | $5,132 |
| Tax year | 2025 |
| Assessed value | $327,300 |
| Zoning | R2 |
| Gross income (actual) | $36,000/yr |
| Net operating income (actual) | $36,000/yr |
| Total actual rent | $3,000/mo |
Building & lot
| Stories | 3 |
| Total rooms | 13 |
| Lot size | 0.13 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Off Street, Paved |
| Foundation | Block |
| Roof | Shingle |
| Construction | Frame, Block |
| Flooring | Wood, Carpet |
Utilities & systems
| Heating | Oil |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Refrigerator |
Location
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Listing courtesy of Naples Realty Group — Hairol Tejada. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 120-122 East Alvord Street, Springfield MA 01108 have?
It is a 2-unit multi-family property with 3,072 sqft of living area, built in 1920.
How long has 120-122 East Alvord Street, Springfield MA 01108 been on the market?
120-122 East Alvord Street, Springfield MA 01108 has been listed for 4 days (since March 24, 2026).
What is the estimated cap rate on this 2-family in Springfield?
Based on area median rents, the estimated cap rate is about 5.8%, with a Signal Score of 92/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $390,000 across 2 units, that works out to roughly $195,000 per unit.
What are the property taxes on 120-122 East Alvord Street, Springfield MA 01108?
Annual property taxes are $5,132 (2025), on an assessed value of $327,300.
What is the price per square foot?
At $390,000 for 3,072 sqft, that's about $127 per square foot.
Is there parking?
2 total parking spaces (off street, paved).
Where is this property located?
120-122 East Alvord Street, Springfield MA 01108 is in Springfield, Hampden County, MA 01108.
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