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Springfield, MA 01151 295 Main St

$375,000

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Presented By: Natasha Figueroa with Homes Logic Real Estate, LLC.
  • MLS# 73281646
  • 08/25/2024
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 2
  • SQFT • 1,200

Home Details

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!
Presented By: Natasha Figueroa with Homes Logic Real Estate, LLC.

Interior Features for 295 Main St

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths2

Other Interior Features

BasementFull
Fireplace Y/NNo
Total Fireplaces
Total Stories3

General for 295 Main St

Building Area UnitsSquare Feet
CitySpringfield
Community FeaturesPublic Transportation
CountyHampden
DirectionsUse GPS
DisclosuresBoth units are occupied by long standing tenants on month to month lease.Tenants would like to stay long term.
ExclusionsAppliances Belong To Tenants.
Full Baths2
Garage Spaces
Garage Y/NNo
Gross Income26400
Home Warranty Y/NNo
Lot Size Square Feet9932
Lot Size UnitsAcres
MLS AreaIndian Orchard
Net Operating Income26400
NumberOfUnitsTotal2
Patio/Porch FeaturesPorch
Property SubType2 Family - 2 Units Up/Down
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount3177
Tax Assessed Value197800
Tax Year2024
Total Actual Rent2200
Total Rooms10
Utilitiesfor Gas Range
Waterfront Y/NNo
Year Built1900
Year Built DetailsActual
Year Built SourcePublic Records
ZoningB1

Exterior for 295 Main St

Building Area Total1200
Covered Spaces
Foundation DetailsBlock, Stone, Slab
Lot Size Acres0.23
Lot Size Area0.23
Open Parking Y/NYes
Parking FeaturesPaved Drive, Stone/Gravel
Road Frontage TypePublic
SpaNo
Total Parking6
Water SourcePublic

Additional Details

Price History

Sandra Simmons

Price $375,000
MLS#73281646
List Date 08/25/2024
Property Type Multi-Family
Phone 774.634.5053
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