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101-103 Draper St, Springfield, MA 01108

$414,900
•
  • 8

    bed

  • 3

    bath

  • 2,866

    Sqft ($145/Sqft)

Multi-family for sale 11 hours

About 101-103 Draper St

Property type Multi-family
Neighborhood
Year built 1924
HOA fee $0/month
Lot size 5,001 Sqft
Movoto estimate
Parking 2 garage spaces
Property description
*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!
Listed by
Listing Agent - Julie Sor
Listing Office - PRIVI Realty LLC
Source: MLS Property Information Network, Inc. mls logo
MLS#73593185 • last updated 11 hours ago
Movoto checked MLS Property Information Network, Inc. for data 4 minutes ago
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Overview
Levels/Style 3, 3
MLS # 73593185
Type Residential Income
Status Active
SubType Multi Family
SqFt 2866
Lot Size (SqFt) 5001
Lot Size (Acres) 0.11
Annual Property Tax 4995
Year Built 1924
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 8
Basement Full, Interior Entry
Total # of Rooms 12
Flooring Tile, Vinyl, Hardwood
Window Features Insulated Windows, Storm Window(s)
Exterior
Foundation Block
Roof Shingle
Construction Frame, Block
# Covered Spaces 2
Parking Desc Paved Drive, Off Street, Paved
# Parking Spaces 6
# Garage Spaces 2
Patio/ Porch Porch, Deck
Fencing Fenced
Amenities / Utilities
Sewer Public Sewer
Green Features: Energy Generation Solar
Electricity Circuit Breakers
Water Source Public
Location
County Hampden
Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House Of Worship, Private School, Public School, T-Station, University
Elementary School Alice B Beal Elementary School
Middle School Forest Park Middle School
High School Springfield High School
Zoning R2
APN M:40800093 L:0000, 2581696
Directions Fountain St To Draper St
Multifamily Details
Net Operating Income 46200
Total Actual Rent 3850
Gross Income 46200
Lot/ Land Details
Road Frontage Public
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Source: GreatSchools.org © 2026. All rights reserved.

Around Forest Park

Explore everything this neighborhood has to offer. Learn more about Forest Park.
50/100
Walk
86/100
Family
70/100
Dining
91/100
Pet
  • Real Estate
  • MA
  • Hampden County
  • Springfield
  • 01108
  • Forest Park
  • 101-103 Draper St

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