Exceptional investment opportunity at 91 E Park Street! This 17-unit apartment building consists entirely of one-bedroom apartments, offering a desirable and easy-to-manage unit mix with strong rental demand. Currently generating approximately $21,153 in gross monthly income, the property has only one vacant unit, providing immediate upside through lease-up.The consistent unit configuration supports operational efficiency, simplified management, and stable occupancy. Conveniently located minutes from MGM Springfield, downtown Springfield, major highways, public transportation, shopping, and local amenities, the property is well-positioned to attract and retain tenants.Whether you're looking to expand your portfolio or acquire a stabilized multifamily asset with additional income potential, 91 E Park Street presents a strong investment opportunity in Springfield's growing rental market.
For sale
Price cut: $60K (7/2)
$2,090,000
91 E Park St, Springfield, MA 01105
17beds
12,184sqft
:
Get pre-qualified$13,452/mo
5+ Family - 5+ Units Up/Down
Built in 1930
-- sqft lot
$-- Zestimate®
$172/sqft
$-- HOA
What's special
- 117 days |
- 186 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Raquel Medina 413-218-3272,
Lock and Key Realty Inc. 413-282-8080
Source: MLS PIN,MLS#: 73504070
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 17
- Full bathrooms: 17
Cooling
- None
Appliances
- Included: Range, Refrigerator
Features
- Living Room, Dining Room, Kitchen
- Flooring: Tile, Varies, Hardwood
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 12,184
- Total interior livable area: 12,184 sqft
- Finished area above ground: 12,184
Property
Parking
- Parking features: Off Street
Features
- Patio & porch: Porch
- Has view: Yes
- View description: City View(s)
Lot
- Size: 4,151 Square Feet
Details
- Foundation area: 0
- Parcel number: S:04320 P:0020,2582628
- Zoning: C1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Brick/Mortar
- Roof: Tar/Gravel
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, Varies per Unit
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $1,341,400
- Annual tax amount: $21,033
- Date on market: 4/19/2026
- Listing terms: Contract
- Total actual rent: 21250
Estimated market value
Not available
Estimated sales range
Not available
$1,404/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Price change | $2,090,000-2.8%$172/sqft |
Source: MLS PIN #73504070 Report a problem | ||
| 4/20/2026 | Listed for sale | $2,150,000$176/sqft |
Source: MLS PIN #73504070 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South End
Nearby schools
GreatSchools rating
- 5/10Milton Bradley SchoolGrades: PK-5Distance: 0.1 mi
- 3/10South End Middle SchoolGrades: 6-8Distance: 0.3 mi
- 2/10High School Of CommerceGrades: 9-12Distance: 0.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
