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Duplex with Newer Exterior Improvements
For Sale
$250,000

72 Melrose, Springfield, MA 01109

Duplex with two units featuring newer roof, siding, and windows, while the interior needs renovation.

Property Size1,924 SF
Price / SF$129.94
Days on Market41

Property Features for 72 Melrose

General Information

Standard status Active
Size 1,924 SF
Property subtype Multi-family

Building Details

Year Built 1914
Listing Agency: Lowe & Lowe Realty Co.
Listed By: Christian Lowe
Source: Gregoryhaughton
Added: Jul 11 Changed: Aug 19 Last Checked: Aug 20 at 8:53AM

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 Lowe & Lowe Realty Co.

Investment Insights

Based on property information with market context.

This two-family duplex was built in 1914 and offers 1,924 sq ft across two units, with a total of 6 bedrooms and 2 baths. The exterior work is already completed with newer roof, newer siding, and newer windows, helping tighten the building envelope before interior updates.

The interior is in need of renovation, creating a renovation scope for an owner-occupant or investor. The property sits on a 7,501 sq ft lot. The home is sold as-is, and the buyer is responsible for performing all due diligence and verifying all information.

Showings are described as easy to arrange, and the listing indicates strong rental demand supported by recent comparable sales on the street.

Key Highlights

  • Built in 1914 two‑family duplex with 1,924 sq ft across two units
  • Total of 6 bedrooms and 2 baths across the duplex
  • Newer roof, newer siding, and newer windows for the building envelope

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Gym & Fitness Center Plumbing Service HVAC Service

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

Location Intelligence

Trade Area within ½ mile

719
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?
Duplex - Duplex with two units featuring newer roof, siding, and windows, while the interior needs renovation.
Where is this duplex located?
The property is located at 72 Melrose Springfield, MA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Built in 1914 two‑family duplex with 1,924 sq ft across two units; Total of 6 bedrooms and 2 baths across the duplex; Newer roof, newer siding, and newer windows for the building envelope
More about this property
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