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Pending

2942-2946 Main St, Springfield MA 01107

$900,000

Estimated $2,474.85/month Calculator

Multi Family

Total Units: 10

Price Per Unit: $90,000

Total Rent: 26328/year

Estimated CAP Rate: -1.47%

19 Bedrooms

10 Full Baths

11,220 SqFt

Total Parking: 8

6,055 SqFt

Well maintained fully occupied Brick mixed use building features 1 commercial and 9 residential units which are all lead compliant. Other features include Newer porches & windows and new carlisle roof being installed July 2022. High efficiency heating system is approx 5 years old and tenants pay their own electric. Property is located in an economic opportunity zone & is located close to all downtown amenities

This home has been viewed 82 times

Last Checked: December 2nd, 2025 at 7:58am (Source: MLS PIN #73005822)

Gross Income: $26,328

Gross Expenses: $39,585

Net Income Calc: $13,257

CAP Rate: -1.47%

Annual Expenses for 2942-2946 Main St, Springfield MA 01107

Total Gross Expenses (Calculated)$39,585/year

APOD AvailableYes

Heating$7,200

Electricity$1,650

Water$8,400

Gas$8,400

Insurance$8,100

Sewer$8,400

Trash Removal$2,050

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$12,185.95

Annual Income & Unit Breakdown for 2942-2946 Main St, Springfield MA 01107

Total Gross Income (Calculated)$26,328

Unit 1

Rental Income$1,094

LeaseY

Bedrooms0

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,100

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 2942-2946 Main St, Springfield MA 01107

Listing ID73005822

Property TypeMulti Family / 5+ Family

Price$900,000 ($80.21/SqFt)

Style5-9 Family

CitySpringfield

CountyHampden

MLS AreaN End Brightwood

Neighborhood(s)

Approximate Living Area Total11,220 SqFt

Approximate Lot Size (Acres)0.14 acres

Total Parking8

Garage Parking

Year Built1908

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsBrick

Lot Features

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor SpacePorch

ZoningB1

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 2942-2946 Main St, Springfield MA 01107

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$44,342

Total Gross Income By Broker$120,828

Total Net Income By Broker$76,487

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation3

Facilitator Compensation3

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 2942-2946 Main St, Springfield MA 01107

Real Estate Taxes$12,185.95

Tax Year2022

Assessed Value$647,500

Financial Data SourceOwner

Total Gross Expenses By Broker$44,342

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$120,828

BostonRealEstate.com Gross Income

Total Net Income By Broker$76,487

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-1.47%

Location Information for 2942-2946 Main St, Springfield MA 01107

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaN End Brightwood

Area AmenitiesHighway Access, Public School, Shopping, Medical Facility, Laundromat, Public Transportation, T-station

Contact Information for 2942-2946 Main St, Springfield MA 01107

Agent

Name: Stephen Byrne

Office

Name: First Place Realty

Phone: 413-734-4300

Team Members

Name: Eamonn Byrne

Phone: 413-454-2733

Payment Calculator

, Interest

Property Taxes 1015.5

Principal & Interest 5545.51

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

First Place Realty

Stephen Byrne

Agent Phone

Office Phone

(413) 734-4300

Text Agent Call Agent Call Office

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[id] => 298259
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[insurance_required] => Array
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[last_month_required] => Array
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[middle_school] => 
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[net_income_calc] => -13257
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[number_of_lots] => Array
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            [phone] => 413-734-4300
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[optional_fee_includes] => Array
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    [outdoor_space_available] => Array
        (
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[owner_occupancy_source] => 
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        (
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[pasture_area] => None
    [patio_and_porch] => Array
        (
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[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
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[phone] => 413-537-3518
    [pool_features] => Array
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    [price_per_unit] => 90000
    [private_pool] => No
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[repair_maintenance_expense] => Array
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[road_frontage_type] => Array
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[roof_material] => Array
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[rooms] => 40
    [senior_community] => No
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    [state_code] => MA
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[style] => Array
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)

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 39585
    [total_gross_income] => 26328
    [total_parking] => 8
    [trash_expense] => Array
        (
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[uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 0
    [unit_1_floor] => 1
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[unit_1_levels] => 1
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[unit_2_bathrooms] => 1 Full
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    [unit_2_floor] => 1
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[unit_3_bathrooms] => 
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[unit_3_levels] => 
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[unit_4_bathrooms] => 
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        )

[utilities] => Array
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[water] => Array
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[water_expense] => Array
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[water_views] => Array
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[water_views_features] => Array
        (
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[waterfront] => No
    [waterfront_features] => Array
        (
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[year_built] => 1908
    [year_built_details] => Actual
    [year_built_source] => Public Records
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    [zip] => 01107
    [zoning] => B1
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EXIT

Pending

2942-2946 Main St, Springfield MA 01107

$900,000

Annual Expenses for 2942-2946 Main St, Springfield MA 01107

Annual Income & Unit Breakdown for 2942-2946 Main St, Springfield MA 01107

General Information for 2942-2946 Main St, Springfield MA 01107

Disclosures for 2942-2946 Main St, Springfield MA 01107

Financial Information for 2942-2946 Main St, Springfield MA 01107

Location Information for 2942-2946 Main St, Springfield MA 01107

Contact Information for 2942-2946 Main St, Springfield MA 01107

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

First Place Realty

Stephen Byrne