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INVESTMENT SNAPSHOT
About this property
Great investment opportunity - This mixed-use property offers a total gross building area of approximately 9,494 square feet and includes two storefronts, three residential units above the commercial space, and a separate two-family in the rear, providing multiple income streams and long-term tenant stability. The left storefront includes a large display window, two spacious rooms and oil heat. The right storefront offers a prominent display window, open layout, and gas heat. Above the storefronts are three residential units: a three-bedroom one-bath unit with oil heat, hardwood floors, and a rear porch; a two-bedroom one-bath unit (vacant) with gas heat, hardwood floors, and rear and side. porch; and a one-bedroom one-bath unit with gas heat, hardwood floors, and a porch. In the rear of the property is a separate two-family featuring a three-bedroom one-bath unit with a front porch and gas heat, as well as a two-bedroom one-bath unit with a front porch and gas heat.
Property details
| Units | 7 |
| Living area | 1,920 sqft |
| Lot size | 7,597 sqft |
| Year built | 1920 |
| Price / sqft | $359 |
| County | Hampden |
| MLS # | 73508748 |
Listing status
| Days on market | 26 days |
| Listed on | April 28, 2026 |
Taxes & financials
| Annual property tax | $7,443 |
| Tax year | 2025 |
| Assessed value | $474,700 |
| Zoning | B1 |
| Gross income (actual) | $55,356/yr |
| Net operating income (actual) | $55,356/yr |
| Total actual rent | $6,513/mo |
Building & lot
| Stories | 5 |
| Total rooms | 23 |
| Lot size | 0.17 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Foundation | Other |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of Premier Choice Realty — Pablo Ottenwalder. 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 26-28 Parker St, Springfield MA 01151 have?
It is a 7-unit multi-family property with 1,920 sqft of living area, built in 1920.
How long has 26-28 Parker St, Springfield MA 01151 been on the market?
26-28 Parker St, Springfield MA 01151 has been listed for 26 days (since April 28, 2026).
What is the estimated cap rate on this 7-family in Springfield?
Based on area median rents, the estimated cap rate is about 11.5%, 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 $689,000 across 7 units, that works out to roughly $98,429 per unit.
What are the property taxes on 26-28 Parker St, Springfield MA 01151?
Annual property taxes are $7,443 (2025), on an assessed value of $474,700.
What is the price per square foot?
At $689,000 for 1,920 sqft, that's about $359 per square foot.
Is there parking?
2 total parking spaces.
Where is this property located?
26-28 Parker St, Springfield MA 01151 is in Springfield, Hampden County, MA 01151.
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