Sold!
$550,000
10
Beds
4
Baths
2,987
Living Area
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Property Description
Fantastic Residential 4 Unit Investment Opportunity in Indian Orchard, Springfield Located at 297 Main St, Springfield, MA 01151, this spacious multi-unit property is perfect for investors or owner-occupants looking for rental income. The property features four units: Unit 1: 4 bedrooms Unit 2: 2 bedrooms Unit 3: 2 bedrooms and Unit 4: 2 bedroomsRecent updates make this property even more appealing Three units have been recently renovated, featuring an upgraded electrical system, new heating, and new water heaters. Sitting on a large 11,543 sq. ft. lot, this property offers plenty of off-street parking for tenants. With a gross area of 5,082 sq. ft. and 2,987 sq. ft. of living space, there’s great potential to maximize rental income. Conveniently located near shops, restaurants, and major routes."Highest & Best offers due by Monday, March 10th at 5:00 PM."
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Highlights
- Area: Indian Orchard
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
- Heating: Forced Air, Natural Gas, Baseboard
- Parking Spots: 10
- Property Type: 4 Family - 4 Units Up/Down
- Total Rooms: 22
- Status: Closed
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Additional Details
- Appliances: Range, Microwave, ENERGY STAR Qualified Refrigerator, Refrigerator
- Construction: Frame
- Foundation: Block
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual, Renovated Since
- Zoning: B1
- Basement: Full, Interior Entry, Unfinished
- Flooring: Tile, Laminate
- Interior Features: Bathroom With Tub, Remodeled, Internet Available - Broadband, Internet Available - Fiber-Optic, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
- Roof: Asphalt/Composition Shingles
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Park, Medical Facility, Highway Access, Public School
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: 150 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $401,000
- Tax Year: 2024
- Total Rent: $5,750
- Rental Fee Includes: Unit 4(Electric)
- Taxes: $6,360
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Coldwell Banker Realty - Western MA.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
