2,987 Sq. Ft.
$184 / Sq. Ft.
2,987
Sq. Ft.
$184
per Sq. Ft.

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...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."
  1. Listed by Amaurys Valdera • Brokerbe Inc.

Property Details for 297 Main Street

Town
Springfield
MLS Area
Indian Orchard
Area
MA-Springfield-Indian Orchard, MA-Springfield
Garage Spaces
0
Open Parking Spaces
10.00
Parking Spaces Total
10
LISTING CLOSED: 04/22/2025 12:00 AM

Property Details for 297 Main Street

StatusSold
MLS #73339965
Days on Market20
Taxes$6,360 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 4 Family - 4 Units Up/Down
Year Built1900
CountyHampden County

Location

Listing Courtesy of Brokerbe Inc., Amaurys Valdera

Sold By Coldwell Banker Realty - Western MA, Cate Shea

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Building Information for 297 Main Street

Stories8Residences4Year Built1900Building Size-Lot Size0.26 AC / 11,543 SF

Payment Calculator

$3,326 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,796

Property Taxes

$530

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 297 Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Park, Medical Facility, Highway Access, Public School
  • Current Financing: Conventional
  • Living Area: 2987.0
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Microwave, ENERGY STAR Qualified Refrigerator, Refrigerator
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • 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
  • Interior Features: Internet Available - Broadband
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Roof Material: Asphalt/Composition Shingles
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: 150 Amp Service
  • Heating: Forced Air, Natural Gas, Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: 081320244,3215882
  • Assessments: $401,000
  • Block: 985
  • Book: 25205
  • Tax Year: 2024
  • Zoning: B1
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 8
Other Building Characteristics
  • Foundation: Block
  • Levels: 8
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • GOI: $69,000.00
  • NOI: $69,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,750.00

Property History for 297 Main Street

DateEvent & SourcePriceAppreciation
Apr 22, 2025

Sold

MLS PIN #73339965

$550,000
Mar 10, 2025

Under Agreement

MLS PIN #73339965

Mar 10, 2025

Contingent

MLS PIN #73339965

DateEvent & SourcePrice
04/22/2025

Sold

MLS PIN #73339965

$550,000
03/10/2025

Under Agreement

MLS PIN #73339965

03/10/2025

Contingent

MLS PIN #73339965

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

Public Records for 297 Main Street

Taxable ValueLand$46,500Additions$354,500Total$401,000
Tax Record2025$6,288 ($524 / month)
Home Facts
Baths3Total Finished SqFt5,082 SqFtAbove Grade Finished SqFt5,082 SqFtStories2Lot Size11,543 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningB1CountyHAMPDENAPNSPRI S:08132 P:0244

Schools near 297 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

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Brokerbe Inc., Amaurys Valdera

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.