Charming Two-Family Home – Spacious & Versatile Layout!. Welcome to this well-maintained 2-family home, perfect for investors or extended families. Located in a desirable neighborhood, this property offers comfort, space, and functionality across three levels. First floo...
This home has been viewed 16 times
Last Checked: June 25th, 2025 at 4:28am (Source: MLS PIN #73394319)
Gross Income: $48,000
Gross Expenses: $4,163
Net Income Calc: $43,837
CAP Rate: 10.56%
Annual Expenses for 305 - 307 Main St, Springfield MA 01151
Total Gross Expenses (Calculated)$4,163/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,163
Annual Income & Unit Breakdown for 305 - 307 Main St, Springfield MA 01151
Total Gross Income (Calculated)$48,000
Unit 1
Rental Income$1,500
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water)
Unit 2
Rental Income$2,500
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water)
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingYes
Rent IncludesUnit 1(water)
General Information for 305 - 307 Main St, Springfield MA 01151
Listing ID73394319
Property TypeMulti Family
Price$415,000 ($155.08/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total2,676 SqFt
Approximate Lot Size (Acres)0.14 acres
Total Parking2
Garage Parking
Year Built1915
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningB1
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 305 - 307 Main St, Springfield MA 01151
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$48,000
Total Net Income By Broker$48,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 305 - 307 Main St, Springfield MA 01151
Real Estate Taxes$4,163
Tax Year2025
Assessed Value$265,500
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$48,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$48,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)10.56%
Location Information for 305 - 307 Main St, Springfield MA 01151
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 305 - 307 Main St, Springfield MA 01151