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INVESTMENT SNAPSHOT
About this property
Great investment or owner occupied opportunity on highly traveled Sumner Avenue on a corner lot directly across from Forest Park. This property features 2 commercial storefronts, a renovated 3 bedroom apartment in the back and a small parking lot in the rear. Additional space available for storage in the full basement. Great visibility along Route 83 with easy access to Route 91.
Property details
| Units | 2 |
| Living area | 3,712 sqft |
| Lot size | 8,973 sqft |
| Year built | 1923 |
| Price / sqft | $104 |
| County | Hampden |
| MLS # | 73525055 |
Listing status
| Days on market | 4 days |
| Listed on | May 27, 2026 |
Taxes & financials
| Annual property tax | $10,890 |
| Tax year | 2025 |
| Assessed value | $309,200 |
| Zoning | R3 |
| Gross income (actual) | $43,200/yr |
| Net operating income (actual) | $43,200/yr |
| Total actual rent | $3,600/mo |
Building & lot
| Stories | 2 |
| Total rooms | 5 |
| Lot size | 0.21 acres |
| Garage spaces | 0 |
| Parking spaces | 5 |
| Foundation | Concrete Perimeter |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of United Brokers — Marilene Araujo. 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 302-306 Sumner Ave, Springfield MA 01108 have?
It is a 2-unit multi-family property with 3,712 sqft of living area, built in 1923.
How long has 302-306 Sumner Ave, Springfield MA 01108 been on the market?
302-306 Sumner Ave, Springfield MA 01108 has been listed for 4 days (since May 27, 2026).
What is the estimated cap rate on this 2-family in Springfield?
Based on area median rents, the estimated cap rate is about 5.9%, 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 $385,000 across 2 units, that works out to roughly $192,500 per unit.
What are the property taxes on 302-306 Sumner Ave, Springfield MA 01108?
Annual property taxes are $10,890 (2025), on an assessed value of $309,200.
What is the price per square foot?
At $385,000 for 3,712 sqft, that's about $104 per square foot.
Is there parking?
5 total parking spaces.
Where is this property located?
302-306 Sumner Ave, Springfield MA 01108 is in Springfield, Hampden County, MA 01108.
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