Welcome to 201 Main Street in Indian Orchard! A fantastic investment opportunity! This three-family home offers spacious 3-bedroom units on each floor, with one vacant unit ready for an owner-occupant or new tenant. Each apartment features generous layouts, separate utilities, and strong rental potential, making this property a true cash cow. Conveniently located near bus routes, shopping centers, and local amenities, this multifamily is just a 5-minute drive to Boston Road’s new Springfield Crossing Center, offering easy access to restaurants, retail, and more. Whether you’re looking to expand your portfolio or live in one unit while tenants help pay the mortgage, this property is a smart and strategic choice. Don’t miss out on this income-producing gem in a prime Springfield location! Open House Saturday, November 8th 1-2:30pm!
This home has been viewed 16 times
Last Checked: November 9th, 2025 at 5:28am (Source: MLS PIN #73451258)
Gross Income: $27,900
Gross Expenses: $6,031
Net Income Calc: $21,869
CAP Rate: 4.37%
Annual Expenses for 201 Main St, Springfield MA 01105
Total Gross Expenses (Calculated)$6,031/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,031
Annual Income & Unit Breakdown for 201 Main St, Springfield MA 01105
Total Gross Income (Calculated)$27,900
Unit 1
Rental Income$1,325
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,000
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 201 Main St, Springfield MA 01105
Listing ID73451258
Property TypeMulti Family / 3 Family
Price$499,900 ($131.52/SqFt)
Style3 Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total3,801 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking0
Garage Parking
Year Built1909
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsStone
Lot FeaturesEasements
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpacePorch
ZoningB1
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 201 Main St, Springfield MA 01105
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$27,900
Total Net Income By Broker$27,900
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 201 Main St, Springfield MA 01105
Real Estate Taxes$6,031
Tax Year2025
Assessed Value$384,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$27,900
BostonRealEstate.com Gross Income
Total Net Income By Broker$27,900
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.37%
Location Information for 201 Main St, Springfield MA 01105
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHouse Of Worship, Public School, Shopping, Park, Public Transportation
Contact Information for 201 Main St, Springfield MA 01105