Rented Two-Family
634-636 Dickinson Street Springfield, MA 01108
634-636 Dickinson Street, Springfield, MA, 01108
$380,000
For Sale
$380,000
Rented two-family duplex with vinyl siding and multiple window replacements in Springfield’s Forest Park area.
Property Size2,448 SF
Price / SF$155.23
Days on Market38
Property Features for 634-636 Dickinson Street
General Information
- Standard status
- Active
- Size
- 2,448 SF
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1913
Listing agency
Pioneer CRE
(413) 312-9299
Listed by
Paul Bongiorni · License #0793882
(413) 312-9299
Source
Compass
Added: Jun 14 Updated: Jul 20 at 5:35PM Checked: Jul 20 at 5:35PM
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 Pioneer CRE
Investment Insights
Based on property information with market context.
This rented two-family duplex includes two residential units under one property. Updates noted include vinyl siding and the replacement of many windows, supporting a more current exterior look and improved building envelope compared to unrenovated stock.
The property is located in Springfield’s Forest Park neighborhood. The listing also notes it may be sold as part of a package with another nearby two-family at 21-23 Draper Street (MLS #73538511), providing an option for buyers looking to acquire multiple income properties in the same area.
For buyers seeking residential income exposure, this duplex offers an existing rental setup alongside documented exterior improvements.
The property is located in Springfield’s Forest Park neighborhood. The listing also notes it may be sold as part of a package with another nearby two-family at 21-23 Draper Street (MLS #73538511), providing an option for buyers looking to acquire multiple income properties in the same area.
For buyers seeking residential income exposure, this duplex offers an existing rental setup alongside documented exterior improvements.
Key Highlights
- Rented two‑family duplex in Springfield’s Forest Park neighborhood.
- 2 bedrooms/2 bathrooms (2 full baths).
- Level lot.
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 | $61.7k | $25.20 |
| − Vacancy | −$3.1k | −$1.26 |
| EGI | $58.6k | $23.94 |
| − OpEx | −$26.4k | −$10.77 |
| NOI | $32.2k | $13.17 |
2,448 SF · lease $25.20/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$517.6K
$452.9K – $603.9K
NOI $36,235 @ 7.0% cap · market cap 9.54%
Second Best
Apartment 5plus
$460.5K
$402.9K – $537.2K
NOI $32,233 @ 7.0% cap · market cap 8.48%
Theoretical Best
Office A
$664.7K
$581.7K – $775.5K
NOI $46,532 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Rented two-family duplex with vinyl siding and multiple window replacements in Springfield’s Forest Park area.
Where is this duplex located?
The property is located at 634-636 Dickinson Street Springfield, MA.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Rented two‑family duplex in Springfield’s Forest Park neighborhood.; 2 bedrooms/2 bathrooms (2 full baths).; Level lot.
