295 Main Street

Springfield, MA 01151

$375,000
Price
4
Beds
2
Baths
1,200 Sq. Ft.
$313 / Sq. Ft.
1,200
Sq. Ft.
$313
per Sq. Ft.

Description

Investment opportunity! Build a brand new duplex on this double lot! This well-located 2-family property on a spacious lot in Indian Orchard offers significant potential for growth. The current property features 2 bedrooms and 1 full bath per unit. First floor tenant is on a month-to-month lease and is interested in staying long term. The property is being sold in "as-is" condition. The seller had plans to build an additional 2-family dwelling on the front portion of the lot, making this a prime...Investment opportunity! Build a brand new duplex on this double lot! This well-located 2-family property on a spacious lot in Indian Orchard offers significant potential for growth. The current property features 2 bedrooms and 1 full bath per unit. First floor tenant is on a month-to-month lease and is interested in staying long term. The property is being sold in "as-is" condition. The seller had plans to build an additional 2-family dwelling on the front portion of the lot, making this a prime candidate for redevelopment. Buyers are encouraged to conduct their own due diligence regarding future construction possibilities. Don’t miss out on this versatile investment opportunity!
  1. Listed by Wilfredo Lopez Jr. • Homes Logic Real Estate, LLC
  2. Listed by Yesenia Vizcaya • Homes Logic Real Estate, LLC

Property Details for 295 Main Street

Town
Springfield
MLS Area
Indian Orchard
Area
MA-Springfield-Indian Orchard, MA-Springfield
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6
LISTING UPDATED: 09/27/2024 07:34 PM

Property Details for 295 Main Street

StatusActive
MLS #73281646
Days on Market118
Taxes$3,177 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1900
CountyHampden County

Building Information for 295 Main Street

Stories3Residences2Year Built1900Building Size-Lot Size0.23 AC / 9,932 SF

Property Information for 295 Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation
  • Living Area: 1200.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Stone/Gravel
  • Open Parking: Yes
  • Parking Features: Paved Drive, Stone/Gravel
  • Parking Features: Stone/Gravel
Utilities
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Both units are occupied by long standing tenants on month to month lease.Tenants would like to stay long term.
Tax Information
  • Tax ID: S:08132 P:0245,3215856
  • Assessments: $197,800
  • Book: 25205
  • Tax Year: 2024
  • Zoning: B1
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Block, Stone, Slab
Income / Expenses
  • GOI: $26,400.00
  • NOI: $26,400.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $2,200.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2

Property History for 295 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 295 Main Street

Taxable ValueLand$43,000Additions$154,800Total$197,800
Tax Record2024$3,177 ($265 / month)
Home Facts
Baths2Total Finished SqFt1,200 SqFtAbove Grade Finished SqFt1,200 SqFtStories2Lot Size9,932 SqFtStyleDuplexYear Built1900ZoningB1CountyHAMPDENAPNSPRI S:08132 P:0245

Schools near 295 Main Street

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Indian Orchard Elementary School
PublicPK to 5

John F Kennedy Middle School
Public6 to 8

Putnam Vocational Technical High School
Public9 to 12

High School/Science-Tech
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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295 Main Street is a multi-family home for sale in Springfield, MA 01151. This property was listed for sale on August 25, 2024 by Homes Logic Real Estate, LLC, it's currently listed at $375,000. It has been on the market for a total of 118 days and was last sold on April 30, 1999. This listing's school district is Springfield School District. Nearby schools include Indian Orchard Elementary School, John F Kennedy Middle School and Putnam Vocational Technical High School. 295 Main Street is a 4-bed, 2-bath, 1,200 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Homes Logic Real Estate, LLC, Wilfredo Lopez Jr.; Homes Logic Real Estate, LLC, Yesenia Vizcaya

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.