About this home
Attention investors, contractors, and renovation-minded buyers! Opportunity awaits at this spacious two-family property in Springfield's Forest Park neighborhood. Offering approximately 2,444 sq. ft. of above-grade living space, this property features two generously sized units, each with 3 bedrooms and 1 full bathroom, for a total of 6 bedrooms and 2 full baths. The second-floor unit is currently tenant-occupied, generating $1,950 in monthly rental income, while the first-floor unit offers an opportunity for owner occupancy or additional rental income. Features include hardwood flooring, an enclosed porch, a full basement, and off-street parking. With updates and improvements needed, this property presents an opportunity for investors looking to expand their portfolios, contractors seeking their next project, or buyers ready to build equity through renovations. Conveniently located near Forest Park, shopping, public transportation, and major commuter routes. Property is being offered in its present condition. Buyers and their agents are encouraged to conduct their own due diligence regarding property condition, occupancy, and financing eligibility. Schedule your showing and explore the possibilities!
Listing last checked: Listing updated:
Listed by The Generation Group · Coldwell Banker Realty - Western MA · MLS #73589207
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Interior5 property facts
- Rooms
- 12
- Heating
- Natural Gas
- Cooling
- None
- Flooring
- Wood, Tile, Vinyl, Hardwood
- Basement
- Yes · Full, Unfinished
Building5 property facts
- Style
- 2 Family - 2 Units Up/Down
- Year built
- 1919
- Parking
- 3
- Foundation
- Concrete Perimeter
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 0.13 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- R2
Financial2 property facts
- Annual taxes
- $4,915
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $349,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,179 / monthAdjust
- Principal & interest
- $1,769
- Property tax
- $410
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,915. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Automated value estimate $363,189
Estimated range $310,503–$415,875.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: below average
Explore more of Springfield
Continue your search in Springfield.
Need help making sense of this home?
About 58-60 Somerset St
Can I request a private showing?
Request a tour of 58-60 Somerset St and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.