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INVESTMENT SNAPSHOT
About this property
Beautiful Springfield Metro Center Three family (With a gutted fourth unit) Legally a four family. This magnificent beauty boasts high ceilings with large windows that allow a ton of natural sunlight. renovated units with Stainless Steel appliances and Granite Countertops. All units are leased. Unit's #1 and #2 have Three Bedrooms, One Bathrooms. Units #3 is gutted open space and Unit#1B is a Two Bed. This property is situated Minutes from the Union Station. Moments to MGM Springfield and Minutes from Downtown Springfield.
Property details
| Units | 3 |
| Living area | 2,888 sqft |
| Lot size | 3,550 sqft |
| Year built | 1899 |
| Price / sqft | $152 |
| County | Hampden |
| MLS # | 73493018 |
Listing status
| Days on market | 49 days |
| Listed on | March 27, 2026 |
Taxes & financials
| Annual property tax | $5,717 |
| Tax year | 2025 |
| Assessed value | $364,600 |
| Zoning | R3 |
| Gross income (actual) | $45,120/yr |
| Net operating income (actual) | $45,120/yr |
| Total actual rent | $5,275/mo |
Building & lot
| Stories | 3 |
| Total rooms | 14 |
| Lot size | 0.08 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Interior Entry |
| Foundation | Brick/Mortar |
| Roof | Shingle, Rubber |
| Construction | Frame, Brick |
| Flooring | Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Refrigerator |
Location
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Listing courtesy of Red Tree Real Estate — Lincoln Peart. 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 38 Byers St, Springfield MA 01105 have?
It is a 3-unit multi-family property with 2,888 sqft of living area, built in 1899.
How long has 38 Byers St, Springfield MA 01105 been on the market?
38 Byers St, Springfield MA 01105 has been listed for 49 days (since March 27, 2026).
What is the estimated cap rate on this 3-family in Springfield?
Based on area median rents, the estimated cap rate is about 7.7%, 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 $439,000 across 3 units, that works out to roughly $146,333 per unit.
What are the property taxes on 38 Byers St, Springfield MA 01105?
Annual property taxes are $5,717 (2025), on an assessed value of $364,600.
What is the price per square foot?
At $439,000 for 2,888 sqft, that's about $152 per square foot.
Where is this property located?
38 Byers St, Springfield MA 01105 is in Springfield, Hampden County, MA 01105.
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