Owner-Occupied Duplex with
44-46 Middle Street, Springfield, MA 01104
Well-maintained duplex offers two vacant units with central air, finished basement rec rooms, and four rear parking spaces.
Type:Multi-family
Property size:
1,764 SFPrice / SF:
$243/SF- Added:
- Jun 23, 2026
- Days on Market:
- 14
- Last Refresh:
- Jul 1 at 3:21 am
Property Features for 44-46 Middle Street
General Information
- Standard status
- Active
- Size
- 1,764 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1989
Listing office Coldwell Banker Realty - Western MA
Listing date Jun 23, 2026
Source Murphyrealtors
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Western MA
HighLights
- Well‑maintained East Springfield duplex (built 1989) with both units vacant for easy occupancy
- Two finished basement rec rooms—extra living space in both units
- Central air plus gas heat and gas hot water in both units
- Appliances remain; each unit includes a gas range, and washers and gas dryers
- Roof re‑shingled within the last 10 years; vinyl‑sided exterior with lawn and landscaping
- Four rear parking spaces and rear decks off both kitchens
Overview
This East Springfield duplex at 44-46 Middle Street has been owner occupied and maintained by a single owner since it was built in 1990. The property features a vinyl-sided exterior, a maintained lawn and landscaping, and a roof that was re-shingled within the last ten years. Each unit includes gas heat and gas hot water, along with central air for year-round comfort, and all appliances are set to remain. Kitchens include gas ranges, and washers and gas dryers are also included. Both units have finished rec rooms in the basements, plus rear decks off the kitchens for additional outdoor space.
The duplex is configured for straightforward occupancy, with both units currently vacant. The property also provides four rear parking spaces, which supports daily convenience for tenants or owner-occupants.
For a buyer looking to occupy one side and lease the other, this setup provides immediate flexibility with turn-key inclusions such as appliances and in-unit laundry equipment, along with extra finished basement space. The asset’s gas heating and hot water systems, central air, and off-kitchen rear decks can help support comfortable, practical everyday living for whichever occupancy plan fits your goals.
The duplex is configured for straightforward occupancy, with both units currently vacant. The property also provides four rear parking spaces, which supports daily convenience for tenants or owner-occupants.
For a buyer looking to occupy one side and lease the other, this setup provides immediate flexibility with turn-key inclusions such as appliances and in-unit laundry equipment, along with extra finished basement space. The asset’s gas heating and hot water systems, central air, and off-kitchen rear decks can help support comfortable, practical everyday living for whichever occupancy plan fits your goals.
Local Financial Insights For Multifamily LT 5
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 | $39.2k | $22.20 |
| − Vacancy | −$1.9k | −$1.05 |
| EGI | $37.3k | $21.15 |
| − OpEx | −$11.2k | −$6.34 |
| NOI | $26.1k | $14.80 |
1,764 SF · lease $22.20/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$373.0K
$326.4K – $435.2K
NOI $26,110 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$331.8K
$290.3K – $387.1K
NOI $23,227 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$479.0K
$419.1K – $558.8K
NOI $33,530 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.5779822
- Latitude
- 42.1282019
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained duplex offers two vacant units with central air, finished basement rec rooms, and four rear parking spaces.
Where is this duplex located?
The property is located at 44-46 Middle Street Springfield, MA.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Well‑maintained East Springfield duplex (built 1989) with both units vacant for easy occupancy; Two finished basement rec rooms—extra living space in both units; Central air plus gas heat and gas hot water in both units
