101-103 Draper St, Springfield MA 01108

Springfield, MA 01108 • Forest Park
$414,900
Est. $2,714/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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8
Beds
3
Baths
2,866
Sq Ft
$145
Price/Sq Ft
0.11
Acres
1924
Year Built
2
Garage Spaces
2
Days on Market
For Sale Open House Listed Oct 21, 2026 • MLS# 73593185 Copied! • Updated Oct 21, 2026

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Open House Schedule

25
Oct
Sunday, October 25
2:00 PM - 4:00 PM EDT
24
Oct
Saturday, October 24
1:00 PM - 3:00 PM EDT

About this home

*Ask about 1st time home-buyer programs with grants up to $50,000, $500 down payment options, and interest rates in the high 5's* Discover the possibilities at 101-103 Draper Street! Nestled in Springfield's established Forest Park neighborhood, this well-maintained two-family home offers an appealing opportunity for investors and prospective owner-occupants alike. Whether you're looking to expand your investment portfolio, enjoy the benefits of rental income, or accommodate extended family, this property offers space, versatility, and long-term potential. Featuring bright, spacious interiors and established, long-term tenants, the property reflects pride of ownership and thoughtful upkeep. Recent improvements include a new roof (2025), gutters (2026), water heaters (2024), and leased solar panels installed in 2025. Separate gas heating systems and electric meters add to the property's practicality and convenience. Additional finished space offers flexibility for a variety of permitted uses, providing extra room to suit your needs.Outside, enjoy a level yard, charming double-decker front porches, a generous paved driveway, and a detached two-car garage, offering ample off-street parking and outdoor enjoyment. Ideally situated near historic Forest Park, with its scenic walking trails and recreational amenities, the property also offers convenient access to shopping, dining, schools, healthcare facilities, public transportation, and major commuter routes. Combining established rental income, valuable recent improvements, and a convenient neighborhood setting, this is an opportunity worth exploring!

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 21, 2026
$414,900
Original listing
Office: PRIVI Realty LLC

Tax History

Year Taxes Assessment
2026 $4,995 $323,100

Financial Details

Annual Property Tax
$4,995
Tax Year 2026
Assessed Value
$323,100

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style Multi Family
Year Built 1924
Living Area 2,866 sq ft
Lot Size 0.11 acres
Stories 3
Bedrooms 8
Full Baths 3
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent $1,450/mo · N
Unit 2 Rent $2,400/mo · N
Total Monthly Rent $3,850/mo
Gross Income $46,200
Net Operating Income $46,200
Cap Rate 11.14%
Heating None
Cooling None
Flooring Tile, Vinyl, Hardwood
Appliances None
Fireplace None
Basement Full, Interior Entry
Laundry None
Features None
Construction Frame, Block
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch, Deck
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street, Paved
Total Spaces 6
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,995
Assessed Value $323,100
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Tenants Are Roomers With No Leases.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Measured
Sq Ft Disclosures Does not include finished 3rd floor
Documents None
County Hampden

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1924
Bedrooms
8
Full Bathrooms
3
Living Area
2,866 sq ft
Total Rooms
12
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Tile, Vinyl, Hardwood
Appliances:
Interior Features:
Windows: Insulated Windows, Storm Window(s)
Basement: Full, Interior Entry
Laundry:
Security:

Construction & Materials

Year Built: 1924
Structure Type:
Exterior Materials: Frame, Block
Roof: Shingle
Foundation: Block
Stories: 3

Utilities & Systems

Heating:
Heating Zones: 2
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Deck
Fencing: Fenced
Other Structures:
Lot Features:
Road Frontage: 50.00 ft
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street, Paved

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
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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 $416
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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$0/mo
Save $0/mo
Current Rate
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+0.5% 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

Forest Park

101-103 Draper St, Springfield MA 01108

Springfield, MA 01108

Listing Information

Listing Agent Julie Sor
Listing Office PRIVI Realty LLC
Office Phone 508-468-4329
Agent MLS ID CN261606
Office MLS ID AN6354
Listing Data Updated Oct 21, 2026 8:11 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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