
169 Roosevelt Ave Springfield — Photo 1 of 30
Recent Drop: $10,000
$370,000
Investment Analysis — 169 Roosevelt Ave
Springfield, MA 01118
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01118 carries an estimated $2,380/mo in gross rent — about a 4.78% cap rate and $17,703/yr in estimated NOI at the $370,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,230
Style
Single Family
Built
1951
Welcome to this beautifully updated 3-bedroom, 1.5-bath home offering comfort, functionality, and numerous recent upgrades. From the moment you arrive, you’ll appreciate the care and improvements throughout this move-in ready property.The finished basement features a private entrance, half bath, laundry area, and new flooring, providing excellent flexibility for additional living space, guests, a home office, or a recreation area. New flooring also extends throughout the first floor, creating a fresh and cohesive feel.The remodeled kitchen offers a modern and inviting space for everyday living and entertaining. The updated fireplace, complete with a glass protector, adds warmth, character, and peace of mind.This home has been thoughtfully upgraded with 22 new insulated windows, new insulation throughout, and new front and rear doors, including a new screen door. For added comfort and efficiency, the property also features a new boiler and new hot water tank.Outside, enjoy your own private backyard retreat featuring a swimming pool, perfect for relaxing, entertaining, and making the most of the warmer months. The spacious garage features two doors, along with new automatic door openers for smooth and convenient operation.The property also includes solar panels with an attractive monthly payment and significant potential for utility savings, adding an energy-efficient advantage to this already well-updated home.With extensive improvements, flexible living space, a two-door garage, and a backyard designed for enjoyment with its own swimming pool, this is a fantastic opportunity to own a comfortable and move-in ready home.
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: 615 sq ft (the lesser of 900 sq ft or half the 1,230 sq ft principal dwelling). Lot size: 6,251 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Medical Facility • Laundromat • Public School
Geography
Property History
$370,000
Was $380,000
Sep 13, 2026
MLS® 73570898
$380,000
Sep 2, 2026
MLS® 73570898
Listing Agent: Frances Rivera
Listing Office: Witman Properties, Inc.
MLS® Number: 73570898