Two-Unit Duplex with
For Sale
$319,900
Pending
278-280 Page Blvd, Springfield, MA 01104
Residential Income, Springfield, MA
Property Size2,106 SF
Lot Size0.11 Acres
Days on Market138
Property Features for 278-280 Page Blvd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1
Parking
4
Directions
St. James Ave to Page Blvd
Standard status
Pending
APN
S:09440 P:0046,2599474
Size
2,106 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4475
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Buildings
1
Listing Agency:
Keller Williams Realty
Listed By:
Laura Stevens
(413) 565-5478
Added: Jun 11
Changed: Oct 25
Last Checked: Oct 26 at 2:06AM
MLS# 73534837
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 2,106-square-foot duplex in Springfield contains two 2-bedroom units within a 1925-built residence. One unit is ready for occupancy. Interior features include hardwood floors, a bright living room, a dining room with natural light, and appliances. The property is heated by gas and includes a two-car garage along with additional off-street parking.
Located at 278-280 Page Blvd in East Springfield, the property is one traffic light from Highway 291 and minutes from shopping, restaurants, churches, and everyday amenities. The 0.1118-acre parcel is zoned R2 and offers a two-unit residential configuration in a central setting.
Located at 278-280 Page Blvd in East Springfield, the property is one traffic light from Highway 291 and minutes from shopping, restaurants, churches, and everyday amenities. The 0.1118-acre parcel is zoned R2 and offers a two-unit residential configuration in a central setting.
Key Highlights
- Two 2‑bedroom units in a duplex configuration
- 2,106 square feet on a 0.1118‑acre lot
- One unit is ready for occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,730
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,600
$554.6K
Cap Rate 7%
$396,143
$396.1K
Cap Rate 9%
$308,111
$308.1K
Market Conditions
NOI Build-Up for 2,106 SF
Gross rent
$53.1K $25.20/SF
− Vacancy
−$2.7K −$1.26/SF
EGI
$50.4K $23.94/SF
− OpEx
−$22.7K −$10.77/SF
NOI
$27.7K $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%
$554,600
Cap Rate 7%
$396,143
Cap Rate 9%
$308,111
Alternative Uses
Best Use
Multifamily LT 5
$445.3K
$389.7K – $519.6K
NOI $31,173 @ 7.0% cap · market cap 9.74%
Second Best
Apartment 5plus
$396.1K
$346.6K – $462.2K
NOI $27,730 @ 7.0% cap · market cap 8.67%
Theoretical Best
Office A
$571.9K
$500.4K – $667.2K
NOI $40,031 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
433
Businesses Nearby
Explore this area
Business Placement
Demographics for 01104, MA
23,598
Population
9,562
Households
2.5
Avg Household Size
38
Median Age
13%
College-Educated
77%
High-School Grad
5.2 sq mi
ZIP Area
4,538
Density / Sq Mi
$47,530
Median Household Income
$37,463
Median Earnings
$1,004
Median Rent
$210,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - R2-zoned duplex with two-bedroom residences, gas heat, appliances, and additional off-street parking.
Where is this duplex located?
The property is located at 278-280 Page Blvd Springfield, MA.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Two 2‑bedroom units in a duplex configuration; 2,106 square feet on a 0.1118‑acre lot; One unit is ready for occupancy
