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295 Main, Springfield MA 01151

$365,000

Estimated $913.27/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $182,500

Total Rent: 26400/year

Estimated CAP Rate: 6.18%

4 Bedrooms

2 Full Baths

1,200 SqFt

Total Parking: 6

10,018 SqFt

This solid 2-family property offers two well-sized 2-bedroom, 1-bath units, each providing a functional layout, comfortable living space, and strong rental appeal. The home has been well cared for and offers an excellent opportunity for owner-occupants or investors seeking steady multi-family income. On-site off-street parking adds convenience for both units. Situated in a B1 zoning district, the location provides a range of permitted uses based on municipal guidelines (buyer to verify all allowable uses with the town). The property also includes a double lot, offering additional exterior space that may present future possibilities with appropriate approvals (buyer to perform all due diligence with local departments).

This home has been viewed 25 times

Last Checked: November 18th, 2025 at 7:11am (Source: MLS PIN #73454841)

Gross Income: $26,400

Gross Expenses: $3,857

Net Income Calc: $22,543

CAP Rate: 6.18%

Annual Expenses for 295 Main, Springfield MA 01151

Total Gross Expenses (Calculated)$3,857/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,857

Annual Income & Unit Breakdown for 295 Main, Springfield MA 01151

Total Gross Income (Calculated)$26,400

Unit 1

Rental Income$1,100

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,100

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 295 Main, Springfield MA 01151

Listing ID73454841

Property TypeMulti Family

Price$365,000 ($304.17/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total1,200 SqFt

Approximate Lot Size (Acres)0.23 acres

Total Parking6

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsBrick, Stone

Lot FeaturesLevel

Foundation Area

Foundation DescriptionConcrete Perimeter,Block

Accessible Features

Outdoor SpaceDeck, Porch

ZoningB1

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 295 Main, 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$26,400

Total Net Income By Broker$26,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 295 Main, Springfield MA 01151

Real Estate Taxes$3,857

Tax Year2025

Assessed Value$246,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$26,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$26,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.18%

Location Information for 295 Main, Springfield MA 01151

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 295 Main, Springfield MA 01151

Agent

Name: Zell Melendez

Office

Name: Berkshire Hathaway HomeServices Realty Professionals

Phone: 413-567-3361

Payment Calculator

, Interest

Property Taxes 321.42

Principal & Interest 2249.01

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Realty Professionals

Zell Melendez

Agent Phone

Office Phone

(413) 567-3361

Text Agent Call Agent Call Office

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EXIT