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    20 Vermont St Springfield, MA 01108

    For Sale
    $299,900

    Three-unit property in desirable location with strong rental potential.

    Lot size:
    0.19 Acres

    Property Features for 20 Vermont St

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1909

    Source: Berkshire Hathaway HomeServices Realty Professionals Agent Chester Ardolino

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

    Overview

    Spacious Multifamily Home Near Forest Park

    Located in the Forest Park neighborhood of Springfield, this two-family home features three units. The first-floor unit is currently vacant and available for immediate occupancy. The property is situated next to White St School, with the backyard abutting the school campus. Exterior features include a newer roof, replacement windows, vinyl siding, open porches, a freshly paved driveway, and a two-car garage. The interior features expansive rooms with open floor plans and hardwood flooring. The property provides convenient access to major highways, including the Mass Pike and I-91, and is within walking distance of Forest Park. This property is suitable for both investors and owner-occupants, combining rental potential with a desirable neighborhood setting.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -72.5542154
    Latitude
    42.0892707

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      Turnkey Springfield Multifamily Property

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    FAQs

    What type of property is this?
    Duplex - Three-unit property in desirable location with strong rental potential.
    Where is this duplex located?
    The property is located at 20 Vermont St Springfield, MA.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Vacant 1st-floor unit available for immediate occupancy, ideal for owner-occupants or immediate rental income.; - Located in the desirable Forest Park neighborhood, offering a sought-after community setting.; - Backyard abuts the well-kept White St School campus, creating an attractive and peaceful setting.
    (413) 221-0310
    Request Owner's contact information
    20 Vermont 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
    20 Vermont St Springfield, MA 01108
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