Duplex with Separate
1144-1146 Page Blvd, Springfield, MA 01104
For Sale
$369,900
Updated two-unit property with a finished basement, off-street parking, and one occupied unit.
Property Size1,764 SF
Days on Market58
Property Features for 1144-1146 Page Blvd
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
Executive Real Estate, Inc.
Listed By:
Erica Nunley
(413) 364-2160
Source:
Elliman
Added: Sep 18
Changed: Nov 9
Last Checked: Nov 12 at 8:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Executive Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This duplex at 1144-1146 Page Blvd includes separate entrances, a full basement, and off-street parking for up to four vehicles. One unit provides 2 bedrooms and 1 full bathroom. The right-side unit has a new kitchen with stainless steel appliances, a renovated bathroom, new flooring, fresh paint, recessed lighting, and a new hot water heater. The left-side unit is currently rented.
Built in 1986, the property is located in East Springfield with access to shopping, restaurants, schools, and major routes. The two-unit configuration supports an owner-occupant arrangement or continued use as a residential income property.
Built in 1986, the property is located in East Springfield with access to shopping, restaurants, schools, and major routes. The two-unit configuration supports an owner-occupant arrangement or continued use as a residential income property.
Key Highlights
- Two‑unit duplex with separate entrances
- Right‑side unit includes a brand‑new kitchen and stainless steel appliances
- Renovated bathroom, new flooring, fresh paint, and recessed lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,110
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,200
$522.2K
Cap Rate 7%
$373,000
$373.0K
Cap Rate 9%
$290,111
$290.1K
Market Conditions
NOI Build-Up for 1,764 SF
Gross rent
$39.2K $22.20/SF
− Vacancy
−$1.9K −$1.05/SF
EGI
$37.3K $21.15/SF
− OpEx
−$11.2K −$6.34/SF
NOI
$26.1K $14.80/SF
Area
Springfield, MA
Vacancy
4.75%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,200
Cap Rate 7%
$373,000
Cap Rate 9%
$290,111
Alternative Uses
Best Use
Multifamily LT 5
$373.0K
$326.4K – $435.2K
NOI $26,110 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$331.8K
$290.3K – $387.1K
NOI $23,227 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$479.0K
$419.1K – $558.8K
NOI $33,530 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
Explore this area
Business Placement
Demographics for 01104, MA
23,598
Population
9,562
Households
2.5
Avg Household Size
38
Median Age
13%
College-Educated
77%
High-School Grad
5.2 sq mi
ZIP Area
4,538
Density / Sq Mi
$47,530
Median Household Income
$37,463
Median Earnings
$1,004
Median Rent
$210,800
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Springfield, MA
Properties on Market for Duplexes in Springfield
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Updated two-unit property with a finished basement, off-street parking, and one occupied unit.
Where is this duplex located?
The property is located at 1144-1146 Page Blvd Springfield, MA.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Two‑unit duplex with separate entrances; Right‑side unit includes a brand‑new kitchen and stainless steel appliances; Renovated bathroom, new flooring, fresh paint, and recessed lighting
