26-28 Parker St, Springfield MA 01151

Springfield, MA 01151
$699,000
$684,000
Est. $4,279/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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10
Beds
6
Baths
1,920
Sq Ft
$356
Price/Sq Ft
0.17
Acres
1920
Year Built
2
Parking
163
Days on Market
For Sale Price Drop -$15,000 Listed Apr 28, 2026 • MLS# 73508748 Copied! • Updated Sep 2, 2026

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About this home

Current rent roll: $6,700/month (one vacant unit)Pro forma rent roll: $7,700/month once fully leased (remaining unit estimated at $1,000/month based on market comps) Great investment opportunity - This mixed-use property offers a total gross building area of approximately 9,494 square feet and includes two storefronts, three residential units above the commercial space, and a separate two-family in the rear, providing multiple income streams and long-term tenant stability. The left storefront includes a large display window, two spacious rooms and oil heat. The right storefront offers a prominent display window, open layout, and gas heat. Above the storefronts are three residential units: a three-bedroom one-bath unit with oil heat, hardwood floors, and a rear porch; a two-bedroom one-bath unit with gas heat, hardwood floors, and rear and side. porch; and a one-bedroom one-bath unit with gas heat, hardwood floors, and a porch. In the rear of the property is a separate two-family featuring a three-bedroom one-bath unit with a front porch and gas heat, as well as a two-bedroom one-bath unit with a front porch and gas heat.

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Recently Sold Nearby

Property History

Market Insights

3
Price Changes
2.1%
Price Range

Property Timeline

↓
Price Reduced
Aug 29, 2026
$684,000 $5,000 (-0.73%)
From $689,000 to $684,000 (-0.7%)
↓
Price Reduced
May 20, 2026
$689,000 $5,000 (-0.72%)
From $694,000 to $689,000 (-0.7%)
↓
Price Reduced
May 16, 2026
$694,000 $5,000 (-0.72%)
From $699,000 to $694,000 (-0.7%)
🏠
Listed for Sale
Apr 28, 2026
$699,000
Original listing
Agent: Pablo Ottenwalder Office: Premier Choice Realty

Tax History

Year Taxes Assessment
2025 $7,443 $474,700

Financial Details

Annual Property Tax
$7,443
Tax Year 2025
Assessed Value
$474,700

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1920
Living Area 1,920 sq ft
Lot Size 0.17 acres
Stories 5
Bedrooms 10
Full Baths 5
Half Baths 2
Total Rooms 23

Investment Metrics

Units 7
Unit 1 Rent $1,413/mo · Y
Unit 2 Rent — · N
Unit 3 Rent $900/mo
Unit 4 Rent $1,150/mo
Total Monthly Rent $3,463/mo
Gross Income $55,356
Net Operating Income $55,356
Cap Rate 8.09%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,443
Assessed Value $474,700
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Listing Agent Has Ownership In Property
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Hampden
Total market time (incl. prior listings) 128 days

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
10
Full Bathrooms
5
Half Bathrooms
2
Living Area
1,920 sq ft
Total Rooms
23
Stories
5
Levels
5

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $620
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

26-28 Parker St, Springfield MA 01151

Springfield, MA 01151

Listing Information

Listing Agent Pablo Ottenwalder
Listing Office Premier Choice Realty
Office Phone 413-200-8642
Agent MLS ID CN232399
Office MLS ID M95398
Listing Data Updated Sep 2, 2026 3:06 AM 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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