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INVESTMENT SNAPSHOT
About this property
Spacious and well-maintained two-family home offering 10 total rooms, 4 bedrooms, and 2 full bathrooms perfect for owner-occupants or investors alike. Each unit features beautiful hardwood floors, generously sized living spaces, and kitchens complete with convenient pantry areas for added storage and functionality.The updated bathrooms blend modern comfort with classic charm, including a stunning second-floor bath featuring a relaxing soaking tub. Throughout the home, you’ll find beautiful original woodwork and built-in China cabinets that add warmth, character, and timeless appeal.Additional highlights include a two-car detached garage and bonus off street parking, ample natural light, and thoughtful layout options for multi-generational living or rental income potential. This property offers space, charm, and versatility all in one exceptional opportunity. Seller to find suitable housing.
Property details
| Units | 2 |
| Living area | 2,164 sqft |
| Lot size | 2,164 sqft |
| Year built | 1925 |
| Price / sqft | $178 |
| County | Hampden |
| MLS # | 73478565 |
Listing status
| Days on market | 28 days |
| Listed on | February 18, 2026 |
Taxes & financials
| Annual property tax | $4,174 |
| Tax year | 2025 |
| Assessed value | $266,200 |
| Zoning | R2 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 2 |
| Total rooms | 10 |
| Lot size | 0.05 acres |
| Garage spaces | 2 |
| Parking spaces | 7 |
| Parking | Paved Drive, Off Street |
| Basement | Full |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
Location
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Listing courtesy of Gallagher Real Estate — Mary Jo McDonald. 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 46-48 Milton Street, Springfield MA 01151 have?
It is a 2-unit multi-family property with 2,164 sqft of living area, built in 1925.
How long has 46-48 Milton Street, Springfield MA 01151 been on the market?
46-48 Milton Street, Springfield MA 01151 has been listed for 28 days (since February 18, 2026).
What is the estimated cap rate on this 2-family in Springfield?
Based on area median rents, the estimated cap rate is about 5.9%, with a Signal Score of 92/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $385,000 across 2 units, that works out to roughly $192,500 per unit.
What are the property taxes on 46-48 Milton Street, Springfield MA 01151?
Annual property taxes are $4,174 (2025), on an assessed value of $266,200.
What is the price per square foot?
At $385,000 for 2,164 sqft, that's about $178 per square foot.
Is there parking?
2 garage spaces and 7 total parking spaces (paved drive, off street).
Where is this property located?
46-48 Milton Street, Springfield MA 01151 is in Springfield, Hampden County, MA 01151.
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