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    36-38 Montcalm St Springfield, MA 01151

    For Sale
    $359,900

    Multi-family property with rental income potential near local amenities.

    Lot size:
    0.12 Acres

    Property Features for 36-38 Montcalm St

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1916

    Source: Executive Real Estate, Inc. Agent Tanya Vital Basile

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

    Overview

    Move-in Ready Multi-Family Property

    This multi-family property presents an opportunity for investors or owner-occupants seeking rental income. The first-floor unit is currently occupied by tenants who would like to stay, providing immediate rental stability. The second unit offers flexible options to move right in or rent it out for additional cash flow. Both units feature low-maintenance vinyl flooring, vinyl siding, and separate utilities with gas and electric heat. The property is located minutes from Ludlow and Wilbraham, with easy access to shopping centers, restaurants, and local amenities. The property features a new roof, versatile living arrangement, plenty of parking and reliable rental history.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -72.4962798
    Latitude
    42.1573757

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    FAQs

    What type of property is this?
    Duplex - Multi-family property with rental income potential near local amenities.
    Where is this duplex located?
    The property is located at 36-38 Montcalm St Springfield, MA.
    What is the asking price?
    The asking price for this property is $359,900.
    What are key features of this property?
    This property features: - Income-generating potential: Immediate rental income from existing tenants in one unit.; - Move-in ready condition: Second unit provides the option for immediate occupancy or rental.; - Low-maintenance features: Enjoy minimal upkeep with vinyl flooring and siding.
    (413) 575-1632
    Request Owner's contact information
    36-38 Montcalm St Springfield, MA 01151
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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
    36-38 Montcalm St Springfield, MA 01151
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