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    941 Allen St Springfield, MA 01118

    For Sale
    $439,000

    Two-family home with rental income potential near local amenities.

    Lot size:
    0.28 Acres

    Property Features for 941 Allen St

    General Information

    Lot size
    0.28 Acres

    Building Details

    Year built
    1915

    Source: Coldwell Banker Realty - Western MA Agent Marisol Franco

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

    Overview

    Two-Family Home with Income Potential

    This two-family home offers space, flexibility, and rental opportunity. The vacant first floor features a 2-story unit with 2 bedrooms on the first floor, a living room with hardwood floors, a kitchen with granite countertops and backsplash, and a half bath. The second story includes two additional bedrooms and a full bath. The second rental unit includes 2 bedrooms, a living room, and a kitchen. Recent updates include new siding (2025), a newer roof (2019), and a water heater (2023). The property also features an enclosed porch and a two-car garage with ample parking. It is conveniently located near local shops, restaurants, schools, and public transit, with off-street parking and a private backyard.
    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 Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5301206
    Latitude
    42.0913205

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    FAQs

    What type of property is this?
    Duplex - Two-family home with rental income potential near local amenities.
    Where is this duplex located?
    The property is located at 941 Allen St Springfield, MA.
    What is the asking price?
    The asking price for this property is $439,000.
    What are key features of this property?
    This property features: - Income potential: Two-family home offers immediate rental income from one unit.; - Vacant, updated first-floor unit: Features **4 bedrooms, granite countertops, backsplash, and hardwood floors.**; - Recent updates: New siding (2025), newer roof (2019), and water heater (2023).
    (413) 427-0151
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    941 Allen St Springfield, MA 01118
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    Springfield, MA 01118
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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
    941 Allen St Springfield, MA 01118
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