Duplex with Third-Floor Bonus
New
For Sale
$489,900
35-37 Acorn St, Springfield, MA 01109
Residential Income, Springfield, MA
Property Size2,110 SF
Lot Size0.09 Acres
Price / SF$232.18
Days on Market2
Property Features for 35-37 Acorn St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 6, Bedroom 2, Bedroom 5, Bedroom 3
Parking
4
Elementary school
Rebecca Johnson
Middle school
Jfk
High school
Central High
Directions
State St to Maynard St to Acorn St
Subdivision
Hill McKnight
Standard status
Active
APN
M:500036 L:0000,2570122
Size
2,110 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3687
Amenities
enclosed porch
basement storage
separate washer/dryer hookups
fenced yard
off-street parking
Building Details
Year built
1925
Floors in Building
3
Number of units
2
Listing Agency:
Keller Williams Realty
Listed By:
Laura Stevens
(413) 565-5478
Added: Oct 15
Last Checked: Oct 16 at 11:06AM
MLS# 73591642
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 1925 duplex contains 2,110 square feet across two residential units, each with three bedrooms and a kitchen with stainless steel appliances. The third floor adds two bonus rooms and a full bath. Other features include an enclosed porch, basement storage, separate washer and dryer hookups, and a fenced yard. Recent updates include a new roof, new furnaces, fresh paint, and newer windows; the first-floor unit also has new flooring.
The 0.0946-acre property is zoned R2 and includes off-street parking. It is near MGM, area colleges, and local amenities.
The 0.0946-acre property is zoned R2 and includes off-street parking. It is near MGM, area colleges, and local amenities.
Key Highlights
- Two units, each with three bedrooms
- 2,110 square feet on a 0.0946‑acre lot
- Third floor has two bonus rooms and a full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,232
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$624,640
$624.6K
Cap Rate 7%
$446,171
$446.2K
Cap Rate 9%
$347,022
$347.0K
Market Conditions
NOI Build-Up for 2,110 SF
Gross rent
$46.8K $22.20/SF
− Vacancy
−$2.2K −$1.05/SF
EGI
$44.6K $21.15/SF
− OpEx
−$13.4K −$6.34/SF
NOI
$31.2K $14.80/SF
Area
Springfield, MA
Vacancy
4.75%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$624,640
Cap Rate 7%
$446,171
Cap Rate 9%
$347,022
Alternative Uses
Best Use
Multifamily LT 5
$446.2K
$390.4K – $520.5K
NOI $31,232 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$396.9K
$347.3K – $463.0K
NOI $27,782 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$573.0K
$501.3K – $668.5K
NOI $40,107 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
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Business Placement
Demographics for 01109, MA
30,968
Population
10,786
Households
2.9
Avg Household Size
30
Median Age
17%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
5,735
Density / Sq Mi
$46,821
Median Household Income
$34,971
Median Earnings
$1,112
Median Rent
$203,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom units are complemented by extra rooms and a full bath on the upper level.
Where is this duplex located?
The property is located at 35-37 Acorn St Springfield, MA.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Two units, each with three bedrooms; 2,110 square feet on a 0.0946‑acre lot; Third floor has two bonus rooms and a full bath
