81 Adams St Springfield, MA 01105
South End NeighborhoodEstimated payment $2,262/month
Highlights
- Medical Services
- Property is near public transit and schools
- Corner Lot
- Solar Power System
- Wood Flooring
- 5-minute walk to Emerson Wight Park
About This Home
Fantastic opportunity to own a freshly renovated two-family property offering the perfect combination of modern updates, rental income, and long-term investment potential! Whether you're looking to owner-occupy or expand your real estate portfolio, this property is ready to impress. Unit 1 is conveniently vacant and features 3 spacious bedrooms, making it an ideal option for an owner-occupied buyer. Enjoy a beautifully updated kitchen complete with new custom cabinetry, stone countertops, and updated appliances. Move right in and let the rental income from the second unit help offset your monthly mortgage payment! Unit 2 is currently rented and generating great income. This unit has also been updated with a new kitchen featuring stone countertops and updated appliances, plus the added convenience of 2 full bathrooms. An oversized solar system provides substantial energy production, adding another valuable feature to this income-producing unit. Both units benefit from younger heating systems and water heaters, helping reduce concerns over major mechanical expenses. With extensive renovations already completed, this property offers an attractive opportunity to step into multifamily ownership at an affordable price point. Live in one unit and rent the other, or add a turnkey income-producing property to your investment portfolio. With updated interiors, existing rental income, solar energy, and major systems already improved, this two-family offers tremendous potential for both today's buyer and tomorrow's investor. Don't miss this opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,190
Year Built
- Built in 1893
Lot Details
- 4,583 Sq Ft Lot
- Corner Lot
- Level Lot
- Cleared Lot
Home Design
- Brick Foundation
- Frame Construction
- Asphalt Roof
Interior Spaces
- 3,036 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Window Screens
- Insulated Doors
- Mud Room
- Living Room
- Storage
- Washer and Electric Dryer Hookup
Kitchen
- Range
- Microwave
- ENERGY STAR Qualified Refrigerator
- Solid Surface Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 2 Car Parking Spaces
- Paved Parking
- 2 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Balcony
- Enclosed Patio or Porch
- Rain Gutters
Utilities
- Window Unit Cooling System
- 2 Heating Zones
- Heating System Uses Oil
- Heating System Uses Steam
- Internet Available
Additional Features
- Solar Power System
- Property is near public transit and schools
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number S:00090 P:0029,2570227
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Additional Features
- 2 Units
- Net Operating Income $26,400
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,190 | $139,700 | $24,200 | $115,500 |
| 2024 | $2,370 | $147,600 | $22,600 | $125,000 |
| 2023 | $2,298 | $134,800 | $21,600 | $113,200 |
| 2022 | $2,454 | $130,400 | $19,600 | $110,800 |
| 2021 | $3,297 | $137,700 | $17,800 | $119,900 |
| 2020 | $3,242 | $131,200 | $17,800 | $113,400 |
| 2019 | $2,501 | $127,100 | $17,800 | $109,300 |
| 2018 | $4,814 | $115,200 | $17,800 | $97,400 |
| 2017 | $2,100 | $106,800 | $15,700 | $91,100 |
| 2016 | $1,471 | $74,800 | $15,700 | $59,100 |
| 2015 | $1,359 | $69,100 | $15,700 | $53,400 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 09/08/2026 09/08/26 | For Sale | $375,000 | +89.9% | $124 / Sq Ft | |
| 04/03/2024 04/03/24 | Sold | $197,500 | -1.3% | $98 / Sq Ft | View Prior Sale |
| 12/29/2023 12/29/23 | Pending | -- | -- | -- | |
| 12/19/2023 12/19/23 | For Sale | $200,000 | -- | $99 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $197,500 | None Available | |
| Deed | -- | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $185,000 | Construction | |
| Closed | $11,800 | No Value Available | |
| Previous Owner | $12,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73573608
APN: SPRI-000090-000000-000029
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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