Property Description

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! ***Offer Deadline 9/13 at 4:00***

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Total Fireplaces: 2
  • Basement Features: Full
  • Common Rooms: Kitchen
  • Common Appliances: Range, Refrigerator
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 21600
  • Gross Expenses: 5839
  • Water/Sewer: 1773
  • INSC: 3886
  • RFS: 180
  • Net Operating Income: 15761

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1922
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73573126
  • Last Updated: 09/14/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/14/2026Contingent$389,900$145MLSPIN
09/12/2026Active$389,900$145MLSPIN
09/08/2026New$389,900$145MLSPIN

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Seller's Representative: The Neilsen Team, The Neilsen Team
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-09-14 09:44:00

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