$550,000
$500,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
4 Baths
2,987 SqFt
SOLD DATE : 04/22/2025
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type 4 Family - 4 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,987 sqft
Price per Sqft $184
MLS Listing ID 73339965
Sold Date 04/22/25
Bedrooms 10
Full Baths 4
Year Built 1900
Annual Tax Amount $6,360
Tax Year 2024
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type 4 Family - 4 Units Up/Down
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."
Location
State MA
County Hampden
Area Indian Orchard
Zoning B1
Direction GPS
Rooms
Basement Full, Interior Entry, Unfinished
Interior
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
Heating Forced Air, Natural Gas, Baseboard
Flooring Tile, Laminate
Appliance Range, Microwave, ENERGY STAR Qualified Refrigerator, Refrigerator
Exterior
Community Features Public Transportation, Park, Medical Facility, Highway Access, Public School
Roof Type Asphalt/Composition Shingles
Total Parking Spaces 10
Garage No
Building
Story 8
Foundation Block
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Cate Shea • Coldwell Banker Realty - Western MA
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "