Renovated 2-Family Home

282 White St Springfield, MA 01108

Claim this Listing
New
For Sale
$535,000

MULTI_FAMILY - Springfield, MA

Property size:
3,560 SF
Lot size:
0.13 Acres
Price / SF:
$150/SF
Added:
Jul 12, 2026
Days on Market:
1
Last Refresh:
Jul 12 at 7:06 pm

Property Features for 282 White St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
9
Bathrooms
3
Rooms
Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 9, Bedroom 8, Bedroom 7, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 5
Parking
4
Standard status
Active
APN
S:12220 P:0053,2611961
Size
3,560 SF
Lot size
0.13 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3415

Building Details

Year built
1905
Floors in Building
3
Number of units
2

Listing agent Daisy Sanchez License #9523217

Listing office RE/MAX IGNITE 133 Maple Street, MA

Listing date Jul 12, 2026

MLS# 73548482 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 fully vacant and move-in ready legal 2-family home has been completely renovated throughout. The property includes a finished 3rd-floor addition with three additional bedrooms, a dining area, and a full bath with a stand-up shower. Renovations include brand new kitchens, updated bathrooms, new flooring, fresh paint, updated electrical and plumbing, replacement windows, spacious closets, and new rear porches. Building improvements also include new water and gas meters, two New Yorker gas boilers, and a new roof completed in 2025.

Access is provided by a shared driveway leading to a detached 2-car garage and off-street rear parking on the property. The listing advises not parking in the driveway and using street parking only. The home is situated in Springfield, Massachusetts, within R2 zoning.

The 3,560 square foot property is a legal 2-family and is described as not a legal 3-family.

Key Highlights

  • Fully vacant, move‑in ready legal 2‑family home with finished 3rd‑floor addition
  • 3rd‑floor addition adds 3 bedrooms, dining area, and a full bath with stand‑up shower
  • Completely renovated with brand new kitchens and updated bathrooms

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 $89.7k $25.20
− Vacancy −$4.5k −$1.26
EGI $85.2k $23.94
− OpEx −$38.4k −$10.77
NOI $46.9k $13.17
3,560 SF · lease $25.20/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$752.8K
$658.7K – $878.3K (±1% cap)
NOI $52,695 @ 7.0% cap · market cap 9.85%
Second Best
Apartment 5plus
$669.6K
$585.9K – $781.3K (±1% cap)
NOI $46,875 @ 7.0% cap · market cap 8.76%
Theoretical Best
Office A
$966.7K
$845.9K – $1.13M (±1% cap)
NOI $67,668 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Beautiful Feet Ministries Church

Suggested Use

Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Home Appliance Store Locksmith

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

FAQs

What type of property is this?
Duplex - Move-in ready legal 2-family with a finished 3rd-floor addition, updated systems, and off-street rear parking.
Where is this duplex located?
The property is located at 282 White St Springfield, MA.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Fully vacant, move‑in ready legal 2‑family home with finished 3rd‑floor addition; 3rd‑floor addition adds 3 bedrooms, dining area, and a full bath with stand‑up shower; Completely renovated with brand new kitchens and updated bathrooms
Contact an agent
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