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    Multi-Family Home on Cul-de-Sac

    19-21 Wedgewood Cir Springfield, MA 01129

    Claim this Listing
    Pending
    $399,000

    MULTI_FAMILY - Springfield, MA

    Property size:
    2,488 SF
    Lot size:
    0.20 Acres
    Added:
    May 26, 2026
    Days on Market:
    48
    Last Refresh:
    Jul 12 at 8:06 pm

    Property Features for 19-21 Wedgewood Cir

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R2
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 2
    Parking
    7
    Standard status
    Pending
    APN
    S:12092 P:0009,2611120
    Size
    2,488 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    6316

    Building Details

    Year built
    1986
    Floors in Building
    3
    Number of units
    2

    Listing agent William Miner License #REB.0790223

    Listing office RE/MAX Compass 108 Elm Street, Westfield, MA

    Listing date May 26, 2026

    MLS# 73521782 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 multi-family house is located on a cul-de-sac and offers 2,488 square feet of living space. It is suitable for multi-generational living. Unit #19 features 2 large bedrooms, 2 full baths, and an attached garage. Unit #21 includes 1 large bedroom, a partially finished basement, and an outside area with a patio. The property, situated on a 0.1956-acre lot, has the feel of a single-family home with the added benefit of a unit wrapped around the rear, making it ideal for extra income or in-law arrangements. The property is zoned R2.

    Key Highlights

    • 1986‑built multi‑family home on a cul‑de‑sac with 2,488 sq ft of living space
    • Unit #19 includes 2 large bedrooms, 2 full baths, and an attached garage
    • Unit #21 includes 1 large bedroom and a partially finished basement

    Local Financial Insights For Apartment 5plus

    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 $62.7k $25.20
    − Vacancy −$3.1k −$1.26
    EGI $59.6k $23.94
    − OpEx −$26.8k −$10.77
    NOI $32.8k $13.17
    2,488 SF · lease $25.20/SF/yr · vacancy 5.00% · expense 45.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $526.1K
    $460.3K – $613.8K (±1% cap)
    NOI $36,827 @ 7.0% cap · market cap 9.23%
    Second Best
    Apartment 5plus
    $468.0K
    $409.5K – $546.0K (±1% cap)
    NOI $32,759 @ 7.0% cap · market cap 8.21%
    Theoretical Best
    Office A
    $675.6K
    $591.2K – $788.2K (±1% cap)
    NOI $47,292 @ 7.0% cap · market cap 11.85%
    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

    Law Firm HVAC Service Kitchen & Bath Showroom Plumbing Service Electrical Service Barber Shop Catering Service (Bike/Boat/Book/etc) Store Garden Center Computer & Electronic Repair

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

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    FAQs

    What type of property is this?
    Duplex - Multi-family home ideal for multi-generational living or income.
    Where is this duplex located?
    The property is located at 19-21 Wedgewood Cir Springfield, MA.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: 1986‑built multi‑family home on a cul‑de‑sac with 2,488 sq ft of living space; Unit #19 includes 2 large bedrooms, 2 full baths, and an attached garage; Unit #21 includes 1 large bedroom and a partially finished basement
    Contact an agent
    (413) 568-0040
    We can help!
    Contact an agent
    William Miner
    Real Estate License ID: REB.0790223
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