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    61-63 Wilcox St Springfield, MA 01105

    For Sale
    $239,987

    Two-family home near MGM Casino, ideal for rehab or investment.

    Lot size:
    0.08 Acres

    Property Features for 61-63 Wilcox St

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1893

    Source: Hampden Realty Center, LLC Agent Bill Nichols

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

    Overview

    Large Multifamily Home Opportunity

    This vacant two-family home presents an investment opportunity. Located across from the MGM Casino, the property features two units, each containing 3 bedrooms. The building is equipped with gas heat and hot water. This property could be suitable as a rehabilitation project or a cash flow investment.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5854321
    Latitude
    42.0972885

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    FAQs

    What type of property is this?
    Duplex - Two-family home near MGM Casino, ideal for rehab or investment.
    Where is this duplex located?
    The property is located at 61-63 Wilcox St Springfield, MA.
    What is the asking price?
    The asking price for this property is $239,987.
    What are key features of this property?
    This property features: - Large vacant 2-family home presents an investment opportunity for rehab or cash flow.; - Located directly across from the MGM casino.; - Each unit offers 3 bedrooms.
    (413) 887-8816
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    61-63 Wilcox St Springfield, MA 01105
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    Springfield, MA 01105
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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
    61-63 Wilcox St Springfield, MA 01105
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