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INVESTMENT SNAPSHOT
About this property
Don’t miss this excellent investment opportunity! This spacious three-family property features large 3-bedroom units with functional layouts and strong rental potential. The first and third floors will be delivered vacant, making this ideal for owner-occupants or investors looking to maximize rental income. The property offers many cosmetic updates, a newer roof, and generous living space throughout. Conveniently located near local amenities, schools, parks, and major routes. Whether you’re looking to expand your portfolio or live rent-free while tenants help pay your mortgage, this property is full of potential.
Property details
| Units | 3 |
| Living area | 3,294 sqft |
| Lot size | 4,500 sqft |
| Year built | 1908 |
| Price / sqft | $146 |
| County | Hampden |
| MLS # | 73524423 |
Listing status
| Days on market | 4 days |
| Listed on | May 26, 2026 |
Taxes & financials
| Annual property tax | $4,611 |
| Tax year | 2025 |
| Assessed value | $294,100 |
| Zoning | R2 |
| Gross income (actual) | $20,400/yr |
| Net operating income (actual) | $20,400/yr |
| Total actual rent | $5,400/mo |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.1 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street, Driveway |
| Basement | Full, Bulkhead |
| Foundation | Brick/Mortar |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Springfield →
Listing courtesy of Executive Real Estate, Inc. — Cynthia Gonzalez. 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 36-38 Chapel St, Springfield MA 01109 have?
It is a 3-unit multi-family property with 3,294 sqft of living area, built in 1908.
How long has 36-38 Chapel St, Springfield MA 01109 been on the market?
36-38 Chapel St, Springfield MA 01109 has been listed for 4 days (since May 26, 2026).
What is the estimated cap rate on this 3-family in Springfield?
Based on area median rents, the estimated cap rate is about 7.1%, 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 $479,900 across 3 units, that works out to roughly $159,967 per unit.
What are the property taxes on 36-38 Chapel St, Springfield MA 01109?
Annual property taxes are $4,611 (2025), on an assessed value of $294,100.
What is the price per square foot?
At $479,900 for 3,294 sqft, that's about $146 per square foot.
Is there parking?
4 total parking spaces (paved drive, off street, driveway).
Where is this property located?
36-38 Chapel St, Springfield MA 01109 is in Springfield, Hampden County, MA 01109.
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