297 Main, Indian OrchardSpringfield, MA 01151MLS Number 73339965

  • Price: $500,000
  • Est. Mortgage of $/month
  • 55 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.81% last updated on Apr 24, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 10Bedrooms
  • 0.26Acreage
  • 4Bathrooms
  • 1900Year Built

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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."
Listed by Amaurys Valdera of Brokerbe Inc.

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More Info

Basic Information

  • Contingency Pending P&S
  • Gross Income $69,000
  • Mls StatusUnder Agreement
  • Parcel Number 081320244,3215882
  • Rent Includes Unit 4(Electric)

Location

  • Address297 Main
  • Building Number297
  • CountyHampden
  • NeighborhoodIndian Orchard
  • StateMA
  • StreetMain
  • SubdivisionIndian Orchard
  • TownSpringfield
  • Zip01151

Exterior

  • RoofAsphalt/Composition Shingles

Utilities

  • Electric 150 Amp Service
  • Heat SystemYes
  • Heating Forced Air, Natural Gas, Baseboard
  • Sewer Public Sewer
  • Water Source Public

Other

  • Date Listed03/01/2025
  • Farm Land Area Units Square Feet
  • View Count3

Tax Information

  • Tax Assessed Value $401,000
  • Tax Year 2024
  • Taxes$6,360

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms10
  • Full Bath4

Building

  • BasementFull, Interior Entry, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationBlock
  • Levels 8
  • Rooms22
  • Stories8
  • Units4
  • Year Built1900
  • Year Built Details Actual, Renovated Since
  • Year Built Source Public Records

Property Information

  • Building Area Source Public Records
  • Living Area 2,987
  • Lot Size Square Feet 11,543
  • Lot Size Units Acres
  • Square Feet2,987

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces10

Basic Information

  • List Price$500,000
  • MLS Number73339965
  • Modification Date04/15/2025
  • Property SubType4 Family - 4 Units Up/Down
  • Purchase Contract Date03/10/2025
  • Virtual TourView Tour

Property

  • Acreage0.26

Interior

  • Flooring Tile, Laminate
  • Interior Features
    • Bathroom With Tub
    • Bathroom With Tub & Shower
    • Dining Room
    • Internet Available - Broadband
    • Internet Available - Fiber-Optic
    • Kitchen
    • Living Room
    • Remodeled
    • Upgraded Cabinets
    • Upgraded Countertops

Amenities

  • AmenitiesPublic Transportation, Park, Medical Facility, Highway Access, Public School
  • Appliances IncludedRange, Microwave, ENERGY STAR Qualified Refrigerator, Refrigerator
  • Other AmenitiesBasement
Taylor Real Estate
Taylor Real Estate
Office: 413-527-3375
4 Liberty Street, Suite A
Easthampton, MA 01027

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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