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    51-53 Abbe Ave Springfield, MA 01107

    For Sale
    $425,000

    Spacious, renovated triplex with potential for additional income.

    Lot size:
    0.13 Acres

    Property Features for 51-53 Abbe Ave

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1920

    Source: Signature Realty Agent Armando Roman

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

    Overview

    Remodeled Triplex with Income Potential

    This remodeled property features over 3,000 sq. ft. of living space distributed across three levels. Each level contains three bedrooms and one full bath, totaling nine bedrooms. The renovated third floor includes a pantry, a full bath, and stove plumbing connection, making it easily convertible into a complete apartment or in-law suite for additional income. Each unit features spacious living and dining rooms with built-in cabinetry and updated kitchens equipped with brand-new stainless-steel appliances. The basement is clean and freshly painted, and it includes an additional room suitable for storage or workspace. Exterior amenities include a two-car garage with brand-new doors, two oversized open front porches, smaller rear porches, and a private lot with a long driveway. This property is a turnkey investment with strong cash flow potential, suitable for owner-occupants or investors seeking to build multi-generational wealth and establish a foundation for long-term real estate growth in Springfield.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store 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
    -72.6178738
    Latitude
    42.1196711

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    FAQs

    What type of property is this?
    Triplex - Spacious, renovated triplex with potential for additional income.
    Where is this triplex located?
    The property is located at 51-53 Abbe Ave Springfield, MA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Over 3,000 sq. ft. of living space.; - Nine bedrooms and three full baths.; - Renovated third floor easily convertible into an apartment or in-law suite.
    (413) 505-2891
    Request Owner's contact information
    51-53 Abbe Ave Springfield, MA 01107
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    Springfield, MA 01107
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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
    51-53 Abbe Ave Springfield, MA 01107
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