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91 E Park St, Springfield, MA, 01105

17beds
17baths
12,184sqft
$2,090,000
$172price/sqft
$17,695/moest. monthly cost
$707,800/yrincome needed

About This Home

Exceptional investment opportunity at 91 E Park! This well-maintained 17-unit apartment complex consists entirely of one-bedroom units, offering strong and consistent rental demand with a streamlined unit configuration that supports stable occupancy and efficient operations.The property presents a stable, low-maintenance investment profile, ideal for investors seeking reliable performance with minimal day-to-day oversight. The building has been maintained to support long-term ownership and operational ease. Conveniently located minutes from MGM Springfield and downtown Springfield, with easy access to major highways, public transportation, shopping, and local amenities, enhancing tenant appeal and supporting long-term occupancy. A great opportunity to add a solid, performing asset to your portfolio in a strong rental market.

Getting Around

86
WalkingVery Walkable
76
TransitExcellent Transit
49
BikeSomewhat Bikeable

Schools

5/10
Milton Bradley SchoolGrades PK-50.1 mi
3/10
South End Middle SchoolGrades 6-80.3 mi
2/10
High School Of CommerceGrades 9-120.4 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Brick/Mortar
  • Roof: Tar/Gravel

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Family - 5+ Units Up/Down

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 17
  • Bathrooms: 17
  • Full bathrooms: 17

Cooling

  • Cooling features: None

Features

  • Living Room,Dining Room,Kitchen
  • Flooring: Tile,Varies,Hardwood
  • Finished area above ground: 12,184

Interior Area

  • Total structure area: 12,184
  • Total interior livable area: 12,184 sqft

Property

Details

  • Parcel number: S:04320 P:0020,2582628
  • Zoning: C1

Features

  • Patio & porch: Porch
  • Has view: Yes
  • View description: City View(s)

Lot

  • Lot size: 4,151 sqft

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

No climate risk data available.

How This Home’s Risks Compare

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,568$126,816
Home Insurance *$2,270$27,240
Property Taxes $2,455$29,460
Electricity $2,402$28,831
Total$17,695$212,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$606,685/yr
40% on housing$530,850/yr
45% on housing$471,866/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$172This listing

vs Other Active Listings

Avg $/sqft

ZIP 01105$153
Hampden County$187

vs Homes Sold Last Month

Median $/sqft

ZIP 01105$105
Hampden County$227

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-20Listed for sale$2,150,000

For Sale by Agent

AgentRaquel Medina
BrokerageLock and Key Realty Inc.

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