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398 Main St, Springfield MA 01151

$369,000

Estimated $974/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $184,500

Total Rent: 23400/year

Estimated CAP Rate:

7 Bedrooms

Baths

1964

Total Parking: 3

5,009 (0.11)

Located in the heart of the Indian Orchard neighborhood of Springfield, this inviting home offers a wonderful combination of comfort, convenience, and accessibility. Featuring a functional floor plan with spacious living areas, generously sized bedrooms, and abundant natural light, the property is designed for everyday living. The kitchen provides ample cabinet and counter space with room for casual dining, while the comfortable living room creates the perfect setting for relaxing or entertaining. Conveniently located near local restaurants, shopping, schools, parks, and recreational facilities, you'll enjoy easy access to everything you need. Commuters will appreciate the proximity to I-291, the Massachusetts Turnpike, Route 20, and public transportation, making travel throughout Western Massachusetts and Connecticut simple. Whether you're searching for a primary residence or an investment opportunity, this property offers excellent potential in a well-established neighborhood with nearby amenities, everyday conveniences, and easy access to downtown Springfield and surrounding communities.

This home has been viewed 2 times

Last Checked: August 5th, 2026 at 9:08am (Source: MLS PIN #73559031)

Gross Income: $23,400

Gross Expenses: $4,505

Net Income Calc: $18,895

Annual Expenses for 398 Main St, Springfield MA 01151

Total Gross Expenses (Calculated)$4,505/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4505

Annual Income & Unit Breakdown for 398 Main St, Springfield MA 01151

Total Gross Income (Calculated)$23,400

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 398 Main St, Springfield MA 01151

Listing ID73559031

Property TypeMulti Family

Price369000 ($187.88/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total1964

Approximate Lot Size (Acres)0.11

Total Parking3

Garage Parking0

Year Built1902

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningB1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 398 Main St, Springfield MA 01151

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Property

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 398 Main St, Springfield MA 01151

Real Estate Taxes4505

Tax Year2025

Assessed Value$287,300

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 398 Main St, Springfield MA 01151

Neighborhood(s)

Area Amenities

Contact Information for 398 Main St, Springfield MA 01151

Agent

Name: David Pedro

Office

Name: Century 21 Limitless

Phone: 508-726-3492

Payment Calculator

, Interest

Property Taxes 375.42

Principal & Interest 2273.66

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 Limitless

David Pedro

Agent Phone

Office Phone

(508) 726-3492

Text Agent Call Agent Call Office

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EXIT

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