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INVESTMENT SNAPSHOT
About this property
This massive property on Eastern Ave offers an impressive 9 bedrooms and 3 full bathrooms across spacious units, making it ideal for both owner-occupants and savvy investors alike. The property also features an additional 3 finished rooms and a full bathroom in the basement, presenting endless possibilities for expansion, extended living space, home office setup, or creative use.The vacant first-floor unit combined with the basement space provides immediate flexibility for an owner-occupant looking to “live for free” while collecting rental income from the upper units to pay mortgage. Solar panels add additional value and help reduce utility costs, especially for the owner-occupied spaces.The second and third-floor tenants are currently tenants-at-will and are willing to pay market rent from day one, creating strong income potential right away.Whether you’re looking to expand your portfolio or house-hack, Dont miss it!
Property details
| Units | 2 |
| Living area | 2,973 sqft |
| Lot size | 3,798 sqft |
| Year built | 1908 |
| Price / sqft | $158 |
| County | Hampden |
| MLS # | 73514054 |
Listing status
| Days on market | 24 days |
| Listed on | May 6, 2026 |
Taxes & financials
| Annual property tax | $4,633 |
| Tax year | 2025 |
| Assessed value | $295,500 |
| Zoning | R2 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Paved Drive |
| Basement | Full, Partially Finished |
| Foundation | Brick/Mortar |
| Roof | Shingle |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of eXp Realty LLC - Corporate Office — Benny Troncoso. 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 199 Eastern Ave, Springfield MA 01109 have?
It is a 2-unit multi-family property with 2,973 sqft of living area, built in 1908.
How long has 199 Eastern Ave, Springfield MA 01109 been on the market?
199 Eastern Ave, Springfield MA 01109 has been listed for 24 days (since May 6, 2026).
What is the estimated cap rate on this 2-family in Springfield?
Based on area median rents, the estimated cap rate is about 4.8%, with a Signal Score of 83/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $469,900 across 2 units, that works out to roughly $234,950 per unit.
What are the property taxes on 199 Eastern Ave, Springfield MA 01109?
Annual property taxes are $4,633 (2025), on an assessed value of $295,500.
What is the price per square foot?
At $469,900 for 2,973 sqft, that's about $158 per square foot.
Is there parking?
3 total parking spaces (paved drive).
Where is this property located?
199 Eastern Ave, Springfield MA 01109 is in Springfield, Hampden County, MA 01109.
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