1 / 12
INVESTMENT SNAPSHOT
About this property
Exceptional investment opportunity at 91 E Park Street! This 17-unit apartment building consists entirely of one-bedroom apartments, offering a highly desirable and easy-to-manage unit mix. With only one current vacancy, the property maintains strong occupancy and continues to benefit from consistent rental demand in the Springfield market.The uniform unit configuration supports operational efficiency, simplified management, and predictable leasing activity. Conveniently located just minutes from MGM Springfield, downtown Springfield, major highways, public transportation, shopping, and local amenities, the property remains well-positioned to attract and retain tenants.Whether you're looking to expand an existing portfolio or acquire a stabilized multifamily asset with upside through lease-up of the vacant unit, 91 E Park Street presents a compelling opportunity in a strong rental market.
Property details
| Units | 17 |
| Living area | 12,184 sqft |
| Lot size | 4,151 sqft |
| Year built | 1930 |
| Price / sqft | $176 |
| County | Hampden |
| MLS # | 73504070 |
Listing status
| Days on market | 45 days |
| Listed on | April 19, 2026 |
Taxes & financials
| Annual property tax | $21,033 |
| Tax year | 2025 |
| Assessed value | $1,341,400 |
| Zoning | C1 |
| Gross income (actual) | $21,153/yr |
| Net operating income (actual) | $30,900/yr |
| Total actual rent | $21,075/mo |
Building & lot
| Stories | 4 |
| Total rooms | 85 |
| Lot size | 0.1 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | Off Street |
| Basement | Full |
| Foundation | Brick/Mortar |
| Roof | Tar/Gravel |
| Flooring | Tile, Varies, Hardwood |
Utilities & systems
| Cooling | None |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, Varies per Unit |
| Appliances | Range, Refrigerator |
Location
More about investing in Springfield →
Listing courtesy of Lock and Key Realty Inc. — Raquel Medina. Listing data © MLS PIN.
Interested in this one?
Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 91 E Park St, Springfield MA 01105 have?
It is a 17-unit multi-family property with 12,184 sqft of living area, built in 1930.
How long has 91 E Park St, Springfield MA 01105 been on the market?
91 E Park St, Springfield MA 01105 has been listed for 45 days (since April 19, 2026).
What is the estimated cap rate on this 17-family in Springfield?
Based on area median rents, the estimated cap rate is about 8.9%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $2,150,000 across 17 units, that works out to roughly $126,471 per unit.
What are the property taxes on 91 E Park St, Springfield MA 01105?
Annual property taxes are $21,033 (2025), on an assessed value of $1,341,400.
What is the price per square foot?
At $2,150,000 for 12,184 sqft, that's about $176 per square foot.
Where is this property located?
91 E Park St, Springfield MA 01105 is in Springfield, Hampden County, MA 01105.
Similar multi-families
◆ 99
◆ 99
◆ 99
◆ 97