HIGHEST AND BEST DUE 11/8 at 7PM. Welcome to 371–373 Oakland Street— a fully vacant two-family home with tons of potential! Each unit offers a spacious layout featuring 3 bedrooms, 1 bath, a living room, dining room, and kitchen, complete with beautiful hardwood floors. With some TLC and vision, this property could become an excellent opportunity for an owner-occupant or savvy investor looking to add value and generate strong rental income or expand their portfolio. Conveniently located near bus routes, laundromats, shopping centers, and just minutes from Forest Park, this home offers both accessibility and investment promise. Don’t miss your chance to bring this property back to life and make it shine! Open House Saturday, November 8th 10:30am-12pm!
This home has been viewed 16 times
Last Checked: November 13th, 2025 at 5:48am (Source: MLS PIN #73451263)
Gross Income: $0
Gross Expenses: $4,357
Net Income Calc: $4,357
CAP Rate: -1.45%
Annual Expenses for 371-373 Oakland St, Springfield MA 01108
Total Gross Expenses (Calculated)$4,357/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,357
Annual Income & Unit Breakdown for 371-373 Oakland St, Springfield MA 01108
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 371-373 Oakland St, Springfield MA 01108
Listing ID73451263
Property TypeMulti Family
Price$299,900 ($120.15/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total2,496 SqFt
Approximate Lot Size (Acres)0.15 acres
Total Parking8
Garage Parking
Year Built1924
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionBrick/Mortar,Other
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 371-373 Oakland St, Springfield MA 01108
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$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 371-373 Oakland St, Springfield MA 01108
Real Estate Taxes$4,357
Tax Year2025
Assessed Value$277,900
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-1.45%
Location Information for 371-373 Oakland St, Springfield MA 01108
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 371-373 Oakland St, Springfield MA 01108