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229 Central St, Springfield MA 01105

$365,000

Estimated $948/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $182,500

Total Rent: 38832/year

Estimated CAP Rate:

6 Bedrooms

Baths

2246

Total Parking: 4

9,413 (0.22)

A solid rental history in this renovated two-family home that won a 2014 Springfield Preservation Trust Award! Enjoy updated electric, plumbing, recently renovated 2nd floor apartment, and a 2nd floor letter of lead compliance to name a few. Nestled on a hill above downtown, this property offers plenty of off-street parking, a large backyard that borders Springfield Commonwealth Academy and is down the street from South End Community Center. A wonderful blend of historic details, modern updates & income production make this one a winner!

This home has been viewed 6 times

Last Checked: July 3rd, 2026 at 5:03am (Source: MLS PIN #73487474)

Gross Income: $38,832

Gross Expenses: $4,273

Net Income Calc: $34,559

Annual Expenses for 229 Central St, Springfield MA 01105

Total Gross Expenses (Calculated)$4,273/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4273

Annual Income & Unit Breakdown for 229 Central St, Springfield MA 01105

Total Gross Income (Calculated)$38,832

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 229 Central St, Springfield MA 01105

Listing ID73487474

Property TypeMulti Family / 2 Family

Price365000 ($162.51/SqFt)

Style2 Family - 2 Units Up/down

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total2246

Approximate Lot Size (Acres)0.22

Total Parking4

Garage Parking0

Year Built1896

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 229 Central St, Springfield MA 01105

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 229 Central St, Springfield MA 01105

Real Estate Taxes4273

Tax Year2025

Assessed Value$272,500

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 229 Central St, Springfield MA 01105

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 229 Central St, Springfield MA 01105

Agent

Name: Sarah Shipman

Office

Name: 5 College REALTORS® Northampton

Phone: 413-585-8555

Payment Calculator

, Interest

Property Taxes 356.08

Principal & Interest 2249.01

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

5 College REALTORS® Northampton

Sarah Shipman

Agent Phone

Office Phone

(413) 585-8555

Text Agent Call Agent Call Office

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EXIT

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