Two-Unit Duplex with Detached
58-60 Morton St West Springfield, MA 01089
58-60 Morton St, West Springfield, MA, 01089
$350,000
For Sale
$350,000
Mirror-image two-unit duplex with wood floors, ceiling fans, porches, deck, and a detached one-car garage.
Property Size2,076 SF
Price / SF$168.59
Days on Market54
Property Features for 58-60 Morton St
General Information
- Standard status
- Active
- Size
- 2,076 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1925
Listing agency
HB Real Estate, LLC
(413) 575-5751
Listed by
Cheryl Malandrinos
(413) 575-5751
Source
Lockandkeyre
Added: May 29 Updated: Jul 21 at 7:54AM Checked: Jul 21 at 7:54AM
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 HB Real Estate, LLC
Investment Insights
Based on property information with market context.
Located at 58-60 Morton St on the West Side, this two-family duplex offers mirror-image layouts across two levels. Each unit features a living room, dining room, bedroom, and bathroom, with an eat-in kitchen at the rear. Interior finishes include wood floors and ceiling fans, along with built-ins such as custom shelving in the first-floor living room and a built-in hutch in the upstairs dining room. Outdoor space includes lower and upper porches, plus a back deck. A partially fenced yard and a detached one-car garage add practical everyday utility.
Additional details include separate utilities for the two units, basement laundry hookups, and seller-stated furnaces of 2016 for the first-floor and 2024 for the second-floor. The property is within less than a mile of parks, shopping, restaurants, and more. Showings are by appointment only.
Additional details include separate utilities for the two units, basement laundry hookups, and seller-stated furnaces of 2016 for the first-floor and 2024 for the second-floor. The property is within less than a mile of parks, shopping, restaurants, and more. Showings are by appointment only.
Key Highlights
- West Side 2‑family duplex built in 1925 with mirror‑image layouts
- Two units each feature wood floors and ceiling fans
- Separate utilities for each unit plus basement laundry hookups
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 | $41.1k | $19.80 |
| − Vacancy | −$2.3k | −$1.09 |
| EGI | $38.8k | $18.71 |
| − OpEx | −$11.7k | −$5.61 |
| NOI | $27.2k | $13.10 |
2,076 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$388.4K
$339.9K – $453.2K
NOI $27,191 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$360.0K
$315.0K – $420.0K
NOI $25,199 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,564 @ 7.0% cap · market cap 25.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Mirror-image two-unit duplex with wood floors, ceiling fans, porches, deck, and a detached one-car garage.
Where is this duplex located?
The property is located at 58-60 Morton St West Springfield, MA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: West Side 2‑family duplex built in 1925 with mirror‑image layouts; Two units each feature wood floors and ceiling fans; Separate utilities for each unit plus basement laundry hookups
