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    125 Oakland St Springfield, MA 01108

    For Sale
    $399,900

    Completely renovated, vacant multifamily home with income potential.

    Lot size:
    0.17 Acres

    Property Features for 125 Oakland St

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1902

    Source: NRG Real Estate Services, Inc. Agent Edward Nunez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily Home with Garage

    This completely renovated multifamily home is located in the Forest Park section of Springfield. The property will be delivered completely vacant, offering the option for owner occupancy or tenant selection. The first-floor unit features 2 bedrooms. The second and third-floor unit includes 3 bedrooms. Both units have been updated with modern finishes, including granite kitchen countertops, new cabinets, and tiled bathrooms. A 2,300 sq. ft. two-sided garage provides additional income potential, storage, or business use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Millwork Carpentry Millwork Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5634456
    Latitude
    42.0884933

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    FAQs

    What type of property is this?
    Multifamily property - Completely renovated, vacant multifamily home with income potential.
    Where is this multifamily property located?
    The property is located at 125 Oakland St Springfield, MA.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Completely vacant, allowing owner occupancy or tenant selection.; - **Completely renovated with modern finishes, including granite countertops and tiled bathrooms.**; - Two-unit multi-family home in the Forest Park section.
    (413) 374-9943
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    125 Oakland St Springfield, MA 01108
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    Springfield, MA 01108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    125 Oakland St Springfield, MA 01108
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