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Three-Unit Residential Income Property
For Sale
$360,000

59-61 Carlisle St, Springfield, MA 01109

Multifamily home with two 3-bed, 1-bath units and a third-floor in-law studio, plus separate utilities and a detached two-car garage.

Property Size3,351 SF
Price / SF$107.43
Days on Market126

Property Features for 59-61 Carlisle St

General Information

Standard status Active
Size 3,351 SF
Total Parking Spaces 6
Property subtype Multi-Family
Zoning R2
Net Operating Income $28,800

Additional Details

Highway Access Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $4,701

Building Details

Building Size 3,351 SF
Year Built 1926
Stories 2
Listing Agency: Vanderbilt Properties, LLC
Listed By: Steven Bracero · License #9556777
Source: Churchillprop
Added: Jun 11 Changed: Oct 13 Last Checked: Oct 12 at 6:17PM

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 Vanderbilt Properties, LLC

Investment Insights

Based on property information with market context.

This three-unit residential income property offers a classic multi-family layout. The first and second floors each include a 3-bedroom, 1-bath configuration, and the third floor features an in-law studio. Recent mechanical updates include a furnace that is approximately 5 years old and a brand-new electric water heater. Separate utilities support independent management across the units.

Outside, a detached two-car garage provides secure off-street parking and additional space that can be used as a workshop or for extra storage. The home is situated in Springfield’s Upper Hill neighborhood with easy access to Route 91 and the Mass Pike, and it’s described as a quick drive to AIC, MGM Casino, MassMutual, and shopping.

The combination of unit flexibility, separate utilities, and updated mechanical systems makes this property well-suited for investors or households seeking adaptable living arrangements.

Key Highlights

  • Two‑family layout: two 3‑bed, 1‑bath units on the first and second floors, plus a third‑floor in‑law studio
  • 3 total bathrooms and full basement
  • Insulated windows

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Pharmacy Skin Care Clinic Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

428
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Multifamily home with two 3-bed, 1-bath units and a third-floor in-law studio, plus separate utilities and a detached two-car garage.
Where is this triplex located?
The property is located at 59-61 Carlisle St Springfield, MA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Two‑family layout: two 3‑bed, 1‑bath units on the first and second floors, plus a third‑floor in‑law studio; 3 total bathrooms and full basement; Insulated windows
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