26-28 Parker St Springfield, MA 01151
Indian Orchard NeighborhoodEstimated payment $4,412/month
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,443
Year Built
- Built in 1920
Lot Details
- 7,597 Sq Ft Lot
Home Design
- 1,920 Sq Ft Home
Bedrooms and Bathrooms
- 10 Bedrooms
Parking
- 2 Open Parking Spaces
- 2 Car Parking Spaces
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number S:09510 P:0012,2600013
Community Details
Overview
- 7 Units
- Property has 1 Level
Building Details
- Net Operating Income $55,356
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/29/2026 08/29/26 | Price Changed | $684,000 | -0.7% | $356 / Sq Ft |
| 05/20/2026 05/20/26 | Price Changed | $689,000 | -0.7% | $359 / Sq Ft |
| 05/16/2026 05/16/26 | Price Changed | $694,000 | -0.7% | $361 / Sq Ft |
| 04/28/2026 04/28/26 | For Sale | $699,000 | -- | $364 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73508748
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