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    93 Wilmont St Springfield, MA 01108

    For Sale
    $495,000

    Well-maintained, updated three-family property in Springfield's Forest Park area.

    Lot size:
    0.11 Acres

    Property Features for 93 Wilmont St

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1909

    Source: Coldwell Banker Realty - Western MA Agent Aldo Giella

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

    Overview

    Springfield Three-Family Investment Opportunity

    Located in the desirable Forest Park area of Springfield, this well-maintained three-family property presents an investment or owner-occupant opportunity. The building was completely gutted and fully rehabbed in 2009, featuring replaced walls, ceilings, electrical and plumbing systems, a membrane roof, rear porches, boilers, a fire alarm system, siding, and windows. The property is fully occupied, with tenants responsible for their own utilities. The first and second-floor tenants are currently month-to-month, while the third-floor tenant is on a lease. A coin-operated washer and dryer in the basement provides additional income potential. The basement has its own hot water tank and is separately metered to the owner. This is a turnkey property.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    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
    -72.5582161
    Latitude
    42.0893106

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    FAQs

    What type of property is this?
    Triplex - Well-maintained, updated three-family property in Springfield's Forest Park area.
    Where is this triplex located?
    The property is located at 93 Wilmont St Springfield, MA.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Fully rehabbed in 2009 with replaced walls, ceilings, electrical and plumbing systems, membrane roof, rear porches, boilers, fire alarm system, siding, and windows.; - Located in Springfields desirable Forest Park area.; - **Strong rental income** from three fully occupied units.
    (413) 297-2194
    Request Owner's contact information
    93 Wilmont 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
    93 Wilmont St Springfield, MA 01108
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