118-120 Commonwealth Ave, Springfield MA 01108

Springfield, MA 01108
$389,900
Est. $2,577/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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6
Beds
2
Baths
2,688
Sq Ft
$145
Price/Sq Ft
0.11
Acres
1922
Year Built
1
Garage Space
12 hours 46 minutes
Time on Market
For Sale Open House Listed Sep 8, 2026 • MLS# 73573126 Copied! • Updated Sep 8, 2026

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Open House Schedule

12
Sep
Saturday, September 12
10:00 AM - 12:00 PM EDT

About this home

Welcome to 118-120 Commonwealth Ave, a charming and well-kept two-family home in Springfield's Forest Park neighborhood! Each spacious unit offers 3 bedrooms and 1 bath, making this property a great find for both owner-occupants and investors alike. Inside, enjoy generous living areas, hardwood floors, and abundant natural light. Both units have been recently updated with a comfortable, modern layout, while separate utilities and gas heat add ease for multi-family living. Laundry hookups and extra basement storage make it even more practical. Updates include two newer gas furnaces (2017), updated plumbing, updated electrical (2017), roof (2022). Just blocks from beautiful Forest Park and close to shopping, dining, public transit, and major routes, this property is perfect whether you're looking to grow your investment portfolio or live in one unit while renting the other. Don't miss out on this fantastic opportunity!

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 8, 2026
$389,900
Original listing
Agent: The Neilsen Team Office: The Neilsen Team

Tax History

Year Taxes Assessment
2025 $4,866 $310,300

Financial Details

Annual Property Tax
$4,866
Tax Year 2025
Assessed Value
$310,300

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1922
Living Area 2,688 sq ft
Lot Size 0.11 acres
Stories 2
Bedrooms 6
Full Baths 2
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $1,800/mo · Y
Total Monthly Rent $1,800/mo
Gross Income $21,600
Net Operating Income $15,761
Operating Expenses $5,839
Water/Sewer Expense $1,773
Insurance Expense $3,886
Cap Rate 4.04%
Heating Forced Air, Natural Gas
Cooling None
Flooring None
Appliances Range, Refrigerator
Fireplace None
Fireplaces 2
Basement Full
Laundry None
Features Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Garage Spaces 1
Has Garage Yes
Features Paved Drive
Total Spaces 4
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,866
Assessed Value $310,300
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures First Level To Be Vacant. Asbestos Pipe Located In Back Left Corner Of Basement. First Floor Unit Back Bedroom And Kitchen Wall Will Be Repainted And Repaired Prior To Closing.
Possession None
Accepted Financing None
Structure Type []
House Color Blue
Sq Ft Source Public Record
Documents None
County Hampden

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1922
Bedrooms
6
Full Bathrooms
2
Living Area
2,688 sq ft
Total Rooms
12
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring:
Appliances: Range, Refrigerator
Interior Features: Kitchen
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1922
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 4
Parking Features: Paved Drive

Special Features

Fireplaces: 2
Fireplace Type:
Community Amenities:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $406
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

118-120 Commonwealth Ave, Springfield MA 01108

Springfield, MA 01108

Listing Information

Listing Agent The Neilsen Team
Listing Office The Neilsen Team
Office Phone 413-313-4465
Agent MLS ID TM351531
Office MLS ID AN9124
Listing Data Updated Sep 8, 2026 4:02 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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