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Active

201 Main St, Springfield MA 01151

$475,000

Estimated $1,273/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $158,333.33

Total Rent: 27900/year

Estimated CAP Rate:

9 Bedrooms

Baths

3801

Total Parking: 0

2,879 (0.07)

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!

This home has been viewed 12 times

Last Checked: May 30th, 2026 at 10:48am (Source: MLS PIN #73526948)

Gross Income: $27,900

Gross Expenses: $6,031

Net Income Calc: $21,869

Annual Expenses for 201 Main St, Springfield MA 01151

Total Gross Expenses (Calculated)$6,031/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6031

Annual Income & Unit Breakdown for 201 Main St, Springfield MA 01151

Total Gross Income (Calculated)$27,900

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 201 Main St, Springfield MA 01151

Listing ID73526948

Property TypeMulti Family / 3 Family

Price475000 ($124.97/SqFt)

Style3 Family

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total3801

Approximate Lot Size (Acres)0.07

Total Parking0

Garage Parking0

Year Built1909

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

ZoningB1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 201 Main St, Springfield MA 01151

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Staging And Seller's Personal Items.

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 201 Main St, Springfield MA 01151

Real Estate Taxes6031

Tax Year2025

Assessed Value$384,600

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 201 Main St, Springfield MA 01151

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 201 Main St, Springfield MA 01151

Agent

Name: Sheila Perez

Office

Name: Naples Realty Group

Phone: 413-650-1314

Team Members

Payment Calculator

, Interest

Property Taxes 502.58

Principal & Interest 2926.8

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Naples Realty Group

Sheila Perez

Agent Phone

Office Phone

(413) 650-1314

Text Agent Call Agent Call Office

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EXIT

29 More Photos

Active

201 Main St, Springfield MA 01151

$475,000

Annual Expenses for 201 Main St, Springfield MA 01151

Annual Income & Unit Breakdown for 201 Main St, Springfield MA 01151

General Information for 201 Main St, Springfield MA 01151

Disclosures for 201 Main St, Springfield MA 01151

Financial Information for 201 Main St, Springfield MA 01151

Location Information for 201 Main St, Springfield MA 01151

Contact Information for 201 Main St, Springfield MA 01151

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Naples Realty Group

Sheila Perez