Renovated Vacant Duplex
128 Woodmont St Springfield, MA 01104
New
For Sale
$419,900
Completely vacant duplex renovated with new roof, siding, windows, doors, and fully updated interior systems.
Property Size1,715 SF
Price / SF$244.84
Days on Market6
Property Features for 128 Woodmont St
General Information
- Standard status
- Active
- Size
- 1,715 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1989
Listing Agency:
Stoney Hill Real Estate
(413) 885-0995
Listed By:
Ernest Harris · License #452508574
(413) 885-0995
Source:
Iverty
Added: Jul 21
Changed: Jul 25
Last Checked: Jul 26 at 1:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stoney Hill Real Estate
Investment Insights
Based on property information with market context.
This completely vacant duplex has been renovated from the ground up, including a new roof, siding, windows, and doors. Interior updates include interior doors, flooring, kitchens, bathrooms, plumbing, and electrical systems, with work completed under city permits. The property features separate basements that can be finished for an additional bedroom, supporting flexible layout options within each unit. Outside, the duplex offers a fenced-in yard, a large deck, and paved parking in the rear.
Located in the East Springfield neighborhood on a quiet street, the property provides convenient access for regional travel, including easy highway access to Worcester, Boston, and New York buyers. Interstate 90 and 91 and central city access are noted in the listing.
The duplex configuration includes separate basements and a rear parking area, supported by a fenced yard and deck for outdoor space.
Located in the East Springfield neighborhood on a quiet street, the property provides convenient access for regional travel, including easy highway access to Worcester, Boston, and New York buyers. Interstate 90 and 91 and central city access are noted in the listing.
The duplex configuration includes separate basements and a rear parking area, supported by a fenced yard and deck for outdoor space.
Key Highlights
- Completely vacant duplex renovated from the ground up (year built 1989).
- New roof, siding, windows, and doors, plus fully updated interior systems.
- Renovations include updated kitchens and bathrooms, plumbing, electrical, flooring, and interior doors.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.1k | $22.20 |
| − Vacancy | −$1.8k | −$1.05 |
| EGI | $36.3k | $21.15 |
| − OpEx | −$10.9k | −$6.34 |
| NOI | $25.4k | $14.80 |
1,715 SF · lease $22.20/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$362.6K
$317.3K – $423.1K
NOI $25,385 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$322.6K
$282.3K – $376.4K
NOI $22,581 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$465.7K
$407.5K – $543.3K
NOI $32,599 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Completely vacant duplex renovated with new roof, siding, windows, doors, and fully updated interior systems.
Where is this duplex located?
The property is located at 128 Woodmont St Springfield, MA.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Completely vacant duplex renovated from the ground up (year built 1989).; New roof, siding, windows, and doors, plus fully updated interior systems.; Renovations include updated kitchens and bathrooms, plumbing, electrical, flooring, and interior doors.
