Active
4 beds1,872 sqft
40-42 Ferris St, Springfield, MA 01151
Est: $2,468/moGet pre-approved
Multi FamilyProperty Type
0.18 acresLot Size
1987Year Built
$214/sq ftPrice per sq ft
6 carsParking Spaces

Description

Buyers got cold feet Welcome to 40–42 Ferris Street, a well-maintained side-by-side duplex located in the Indian Orchard neighborhood of Springfield. This versatile property offers two spacious units, each featuring 2 bedrooms and 1.5 bathrooms, along with its own private driveway and an attached garage—an uncommon convenience in the area. Both units include individual back decks, perfect for relaxing outdoors or enjoying gatherings on the level lot. Unit 42 received a substantial renovation in 2022,...Buyers got cold feet Welcome to 40–42 Ferris Street, a well-maintained side-by-side duplex located in the Indian Orchard neighborhood of Springfield. This versatile property offers two spacious units, each featuring 2 bedrooms and 1.5 bathrooms, along with its own private driveway and an attached garage—an uncommon convenience in the area. Both units include individual back decks, perfect for relaxing outdoors or enjoying gatherings on the level lot. Unit 42 received a substantial renovation in 2022, including a fully updated kitchen with granite countertops, subway-tile backsplash, stainless-steel appliances, new flooring throughout the first level, refreshed bathrooms, new doors, updated heaters and thermostats, modern lighting, and fresh paint. The living room also features a wall A/C unit, and the washer and dryer are included. Unit 40 has long-term tenancy and has been well cared for. The property includes updated exterior work such as replaced cedar siding and newly built decks (2022). Both units are served by electric heat, and the home has a sprinkler system in place. Located close to shopping centers, parks, and major conveniences, this duplex offers an excellent opportunity for investors seeking strong rental income or owner-occupants looking for flexibility. Don’t wait—come see this wonderful property and explore all the potential it has to offer.
43 days on Market
  • Listed by: The Hamre Martin Team • Real Broker MA, LLC
  • Listed by: Ricardo Perez • Real Broker MA, LLC
Last updated: 09/03/2026 12:40 PM • Source: MLS PIN, MLS#: 73561931

Location

Listing Courtesy of Real Broker MA, LLC, The Hamre Martin Team; Real Broker MA, LLC, Ricardo Perez
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Payment Calculator

$2,468 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,067

Property Taxes

$401

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 40-42 Ferris Street

Property Details
  • Taxes: $4,811 / year
  • MLS Type: Multi-family / 2 Family - 2 Units Side by Side
  • Town: Springfield
  • Area: MA-Springfield
  • Garage Spaces: 2
  • Open Parking Spaces: 4.00
  • Parking Spaces Total: 6
Building Information
  • Stories: 4
  • Residences: 2
  • Year Built: 1987
  • Lot Size: 0.18 AC / 8,002 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping
  • Living Area: 1872.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Disposal, Refrigerator
  • Basement Features: Full
  • Num of Baths: 4.0
  • Num of Full Baths: 2
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Ceiling Fan(s), Living Room, Kitchen
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Deck - Wood
  • Lot Description: Corner Lot
  • Patio And Porch Features: Deck - Wood
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Driveway
  • Parking Features: Paved Driveway
Utilities
  • Cooling: Wall AC
  • Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Property is being sold with tenants in place tenants are month to month
Tax Information
  • Tax ID: S:05095 P:0008,4629550
  • Assessments: $306,800
  • Book: -
  • Tax Year: 2025
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Levels: 4
Income / Expenses
  • GOI: $36,000.00
  • NOI: $.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $3,000.00

Property History for 40-42 Ferris Street

DateEvent & SourcePriceAppreciation
Aug 5, 2026

Listed (Active)

MLS PIN #73561931

$400,000
Dec 28, 2006

Canceled

MLS PIN #70084616

$197,500
Sep 2, 2004

Listed (Active)

MLS PIN #70084616

$199,900
DateEvent & SourcePrice
08/05/2026

Listed (Active)

MLS PIN #73561931

$400,000
12/28/2006

Canceled

MLS PIN #70084616

$197,500
09/02/2004

Listed (Active)

MLS PIN #70084616

$199,900

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

Public Records for 40-42 Ferris Street

Taxable ValueLand$42,300Additions$239,200Total$281,500
Tax Record2024$4,521 ($377 / month)
Home Facts
Baths3Total Finished SqFt1,872 SqFtAbove Grade Finished SqFt1,872 SqFtStories2Lot Size8,002 SqFtStyleDuplexYear Built1987ZoningR1CountyHAMPDENAPNSPRI S:05095 P:0008

Schools near 40-42 Ferris 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.

Similar Homes

40-42 Ferris Street is a multi-family home for sale in Springfield, MA 01151. This property was listed for sale on August 5, 2026 by Real Broker MA, LLC, it's currently listed at $400,000. 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. 40-42 Ferris Street is a 4-bed, 4-bath, 1,872 sqft multi-family home built in 1987.

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 Real Broker MA, LLC, The Hamre Martin Team; Real Broker MA, LLC, Ricardo Perez

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.