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Duplex with Vacant Second Unit

17-19 Howes St Springfield, MA 01118

New

17-19 Howes St, Springfield, MA, 01118

$399,900

For Sale

$399,900

MULTI_FAMILY - Springfield, MA

Property Size2,612 SF

Lot Size0.11 Acres

Price / SF$153.10

AddedJul 10

Days on Market5

Last RefreshJul 14 at 10:06 pm

Property Features for 17-19 Howes St

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R1
Bedrooms: 5
Bathrooms: 2
Rooms: Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 1
Parking: 8
Fireplace: 1
Standard status: Active
APN: S:06806 P:0031,2588971
Size: 2,612 SF
Lot size: 0.11 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 4732

Building Details

Year built: 1929
Floors in Building: 3
Number of units: 2

Listing agent Laura Stevens

Listing office Keller Williams Realty 66 Dwight Road, Longmeadow, MA

Listing date Jul 10, 2026

MLS# 73548179 Listing URL

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex at 17-19 Howes St, Springfield, MA 01118 was constructed in 1929 and offers a total of 5 bedrooms and 2 bathrooms. The second-floor unit is currently vacant and provides a 3-bedroom layout, a newly remodeled bathroom with a walk-in shower, access to a walk-up attic and loft area, and a first-floor storage unit. The property also includes a spacious basement with separate storage areas, along with a two-car carport and a large backyard deck.

Current tenants have been in place for more than 15 years and are interested in continuing their residency, which may support stability for an owner-occupant or investor.

With both units under one roof and dedicated storage throughout, the layout is designed for practical everyday use and straightforward occupancy management.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$65.8k	$25.20
− Vacancy	−$3.3k	−$1.26
EGI	$62.5k	$23.94
− OpEx	−$28.1k	−$10.77
NOI	$34.4k	$13.17

2,612 SF · lease $25.20/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use

Multifamily LT 5

$552.3K

$483.3K – $644.4K (±1% cap)

NOI $38,662 @ 7.0% cap · market cap 9.67%

Second Best

Apartment 5plus

$491.3K

$429.9K – $573.2K (±1% cap)

NOI $34,392 @ 7.0% cap · market cap 8.60%

Theoretical Best

Office A

$709.3K

$620.6K – $827.5K (±1% cap)

NOI $49,649 @ 7.0% cap · market cap 12.42%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

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