Oversized 3-family offering exceptional opportunity for both investors and owner-occupants alike! Spacious units offer solid rental income. Major improvements include Newer roof, Newer furnaces, and updated electrical—providing peace of mind and reduced maintenance costs. This property features a large garage/shed in the backyard, perfect for additional storage. Property is Lead Compliant and has separate utilities. Vacant 3rd floor - unit is renovated. 2nd floor unit will be delivered vacant in July. Conveniently located with easy access to everything Springfield has to offer. **$5,000 Closing Cost Credit Offered**
| Units | 3 |
| Living area | 3,390 sqft |
| Lot size | 6,368 sqft |
| Year built | 1909 |
| Price / sqft | $143 |
| County | Hampden |
| MLS # | 73511585 |
| Days on market | 31 days |
| Listed on | May 2, 2026 |
| Annual property tax | $5,670 |
| Tax year | 2025 |
| Assessed value | $361,600 |
| Zoning | R2 |
| Gross income (actual) | $72,000/yr |
| Net operating income (actual) | $72,000/yr |
| Total actual rent | $6,136/mo |
| Stories | 3 |
| Total rooms | 16 |
| Lot size | 0.15 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Paved Drive, Off Street, Paved |
| Basement | Concrete, Unfinished |
| Foundation | Brick/Mortar |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Hardwood |
| Sewer | Public Sewer |
| Water | Public |
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Listing courtesy of Coldwell Banker Realty - Western MA — Brian Weiner. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 3-unit multi-family property with 3,390 sqft of living area, built in 1909.
37-39 Wilmont St, Springfield MA 01108 has been listed for 31 days (since May 2, 2026).
Based on area median rents, the estimated cap rate is about 7.0%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
At a list price of $485,000 across 3 units, that works out to roughly $161,667 per unit.
Annual property taxes are $5,670 (2025), on an assessed value of $361,600.
At $485,000 for 3,390 sqft, that's about $143 per square foot.
3 total parking spaces (paved drive, off street, paved).
37-39 Wilmont St, Springfield MA 01108 is in Springfield, Hampden County, MA 01108.