Active
1 Days on market
118-120 Commonwealth Ave Springfield — Photo 1 of 42

118-120 Commonwealth Ave Springfield — Photo 1 of 42

$389,900

118-120 Commonwealth Ave, Springfield, MA 01108

Springfield, MA 01108

Beds

6

Baths

2

SqFt

2,688

Style

2 Family - 2 Units Up/Down

Built

1922

Welcome to 118-120 Commonwealth Ave, a charming and well-kept two-family home in Springfield's Forest Park neighborhood! Each spacious unit offers 3 bedrooms and 1 bath, making this property a great find for both owner-occupants and investors alike. Inside, enjoy generous living areas, hardwood floors, and abundant natural light. Both units have been recently updated with a comfortable, modern layout, while separate utilities and gas heat add ease for multi-family living. Laundry hookups and extra basement storage make it even more practical. Updates include two newer gas furnaces (2017), updated plumbing, updated electrical (2017), roof (2022). Just blocks from beautiful Forest Park and close to shopping, dining, public transit, and major routes, this property is perfect whether you're looking to grow your investment portfolio or live in one unit while renting the other. Don't miss out on this fantastic opportunity!

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Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$145/sqft
Local Avg (Springfield)$165/sqft
12% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Springfield, MA.

Property Details

Financials

Original Price$389,900
Annual Taxes$4,866

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms12
Fireplaces2
Flooring--
BasementFull

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningR2

Property & Lot

Acres0.11
SqFt Lot5,001
Lot FeaturesLevel

Amenities & Appliances

Range • Refrigerator

Geography

Population

27,405

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$51K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

54.9%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Hampden County

359 housing units permitted in the last 12 months (+20% vs the prior 12 months) — 74 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: The Neilsen Team

Listing Office: Real Broker MA, LLC

MLS® Number: 73573126

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