Active
22 Days on market
104 Balis St Springfield — Photo 1 of 30

104 Balis St Springfield — Photo 1 of 30

$200,000

Investment Analysis — 104 Balis St

Springfield, MA 01109 — East Springfield

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01109 carries an estimated $2,180/mo in gross rent — about a 8.75% cap rate and $17,507/yr in estimated NOI at the $200,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

660

Style

Single Family

Built

1927

MOVE-IN READY WITH DOUBLE-LOT UPSIDE! Welcome to 104 Balis Street, a clean, functional 1927 detached single-family home ready for immediate occupancy. This efficient 660 sq. ft. layout includes 3 bedrooms, 1 bathroom, a full unfinished basement, oil steam heat, electric hot water, and public utilities. The home is move-in ready, perfect for buyers or investors wanting to add modern cosmetic updates and light maintenance over time to build easy equity. The standout value includes two contiguous side-by-side lots on a single deed, combining for 8,240 sq. ft. of rare flexibility. Features a paved driveway with 4 off-street parking spots, a fully fenced yard, and an outdoor storage shed. Steps from Blunt Park . Sold "as-is." Tour today!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 330 sq ft (the lesser of 900 sq ft or half the 660 sq ft principal dwelling). Lot size: 8,240 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$200,000
Annual Taxes$2,375

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms6
FireplacesNone
FlooringCarpet, Hardwood
BasementFull

Climate & Utilities

HeatingSteam, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle
FoundationBlock
ZoningR1

Property & Lot

Acres0.19
SqFt Lot8,240
Lot Features--

Amenities & Appliances

Electric Water Heater • Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3
First
Living RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl First
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bathroom 1
Lvl First
Listing Provided By

Listing Agent: Kimberly Allen Team

Listing Office: Berkshire Hathaway HomeServices Realty Professionals

MLS® Number: 73567800