Two-Unit Duplex with Separate
152-154 Dorset Street, Springfield, MA 01108
For Sale
New
$300,000
Both residences include two bedrooms, a full bath, and individual utility service.
Property Size1,820 SF
Price / SF$164.84
Days on Market7
Property Features for 152-154 Dorset Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private laundry hookups
lawn areas
Bathroom With Tub & Shower
Living Room
Kitchen
Rain Gutters
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Lamacchia Realty, Inc.
(413) 785-1636
Listed By:
Brian Sears
(413) 237-9399
Source:
Castleknockrealtygroup
Added: Nov 3
Changed: Nov 7
Last Checked: Nov 8 at 4:17PM
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 Lamacchia Realty, Inc.
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Investment Insights
Based on property information with market context.
Built in 1971, this single-story duplex contains 1,820 square feet across two independent residences. Each unit has two bedrooms, a full bathroom, an eat-in kitchen, and a living room. Separate exterior entrances provide access to each residence, and private laundry hookups serve both units. The property is offered in as-is condition.
Located at 152-154 Dorset Street in Springfield, the property is zoned R1. Each unit has a separate paved driveway, with lawn areas surrounding the building.
Located at 152-154 Dorset Street in Springfield, the property is zoned R1. Each unit has a separate paved driveway, with lawn areas surrounding the building.
Key Highlights
- Two‑unit, single‑story duplex with 1,820 square feet
- Each residence has two bedrooms, one full bath, an eat‑in kitchen, and a living room
- Separate exterior entrances and individual utility service for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,939
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,780
$538.8K
Cap Rate 7%
$384,843
$384.8K
Cap Rate 9%
$299,322
$299.3K
Market Conditions
NOI Build-Up for 1,820 SF
Gross rent
$40.4K $22.20/SF
− Vacancy
−$1.9K −$1.05/SF
EGI
$38.5K $21.15/SF
− OpEx
−$11.5K −$6.34/SF
NOI
$26.9K $14.80/SF
Area
Springfield, MA
Vacancy
4.75%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,780
Cap Rate 7%
$384,843
Cap Rate 9%
$299,322
Alternative Uses
Best Use
Multifamily LT 5
$384.8K
$336.7K – $449.0K
NOI $26,939 @ 7.0% cap · market cap 8.98%
Second Best
Apartment 5plus
$342.3K
$299.6K – $399.4K
NOI $23,964 @ 7.0% cap · market cap 7.99%
Theoretical Best
Office A
$494.2K
$432.4K – $576.6K
NOI $34,595 @ 7.0% cap · market cap 11.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
675
Businesses Nearby
Explore this area
Business Placement
Demographics for 01108, MA
27,671
Population
11,332
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
81%
High-School Grad
3.4 sq mi
ZIP Area
8,139
Density / Sq Mi
$51,851
Median Household Income
$34,539
Median Earnings
$1,224
Median Rent
$219,500
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Springfield, MA
Properties on Market for Duplexes in Springfield
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include two bedrooms, a full bath, and individual utility service.
Where is this duplex located?
The property is located at 152-154 Dorset Street Springfield, MA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two‑unit, single‑story duplex with 1,820 square feet; Each residence has two bedrooms, one full bath, an eat‑in kitchen, and a living room; Separate exterior entrances and individual utility service for each unit
