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Two-Family Duplex with Garage
For Sale
$395,000

17-19 Trinity Terrace, Springfield, MA 01108

Residential Income, Springfield, MA

Property Size2,602 SF
Lot Size0.12 Acres
Price / SF$151.81
Days on Market51

Property Features for 17-19 Trinity Terrace

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 3
Parking 5
Elementary school Sumner Elementary
Middle school Forest Middle
High school Springfield High
Directions I-91 S to Forest Park area, exit toward Sumner Ave, then follow local roads to Trinity Ter.
Subdivision Forest Park
Standard status Active
APN 2609497
Size 2,602 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2020
Tax Annual Amount 4706

Amenities

full basement
enclosed porch
storage shed

Building Details

Year built 1913
Floors in Building 2
Number of units 6
Buildings 1
Listing Agency: Keller Williams Realty
Listed By: Scott Morris
Added: Sep 10 Changed: Oct 29 Last Checked: Oct 30 at 11:06PM
MLS# 73575171

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.

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Investment Insights

Based on property information with market context.

This two-family duplex contains 6 bedrooms and 2 full bathrooms, with living and dining areas in each unit. The property also includes a full basement, enclosed porch, one-car garage, off-street parking, and a storage shed. The second-floor unit is vacant.

Built in 1913, the property occupies a 0.1217-acre lot in Springfield. Public transportation, shopping, schools, medical facilities, major highways, and Forest Park-area recreation are identified among the surrounding amenities.

Key Highlights

  • Two‑family property with 6 bedrooms and 2 full bathrooms
  • Second‑floor unit is vacant
  • Full basement, enclosed porch, and storage shed

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,261
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,220 $685.2K
Cap Rate 7%
$489,443 $489.4K
Cap Rate 9%
$380,678 $380.7K
Market Conditions
NOI Build-Up for 2,602 SF
Gross rent
$65.6K $25.20/SF
− Vacancy
−$3.3K −$1.26/SF
EGI
$62.3K $23.94/SF
− OpEx
−$28.0K −$10.77/SF
NOI
$34.3K $13.17/SF
Area
Springfield, MA
Vacancy
5.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,220
Cap Rate 7%
$489,443
Cap Rate 9%
$380,678

Alternative Uses

Best Use
Multifamily LT 5
$550.2K
$481.4K – $641.9K (±1% cap)
NOI $38,514 @ 7.0% cap · market cap 9.75%
Second Best
Apartment 5plus
$489.4K
$428.3K – $571.0K (±1% cap)
NOI $34,261 @ 7.0% cap · market cap 8.67%
Theoretical Best
Office A
$706.6K
$618.2K – $824.3K (±1% cap)
NOI $49,459 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

781
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units include separate living and dining areas, with the second-floor unit vacant.
Where is this duplex located?
The property is located at 17-19 Trinity Terrace Springfield, MA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two‑family property with 6 bedrooms and 2 full bathrooms; Second‑floor unit is vacant; Full basement, enclosed porch, and storage shed
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