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312-314 Main Street, Springfield MA 01151

Pending

312-314 Main Street, Springfield MA 01151

$745,000

Estimated $2,051/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $124,166.67

Total Rent: 18000/year

Estimated CAP Rate:

14 Bedrooms

Baths

5950

Total Parking: 12

20,773 (0.48)

This has consistently been a good cash flow property. Tenants pay their own heat (gas) and electric. #314 Main St. is a newer four family built in 1997. Each unit has four rooms two bedrooms and one bath. Rented at $1,500.00 each. All 4 are rented. #312 Main St. is a two family constructed 1914. There is a letter of lead compliance for each unit. Each unit has 5 rooms 3 bedrooms and a large porch. Second floor rented at $1550.00. First floor is being kept vacant for showings. The first 9 photos are #314 Main St. Remaining photos #312 Main Street.Front portion of property zoned business. There is room for a duplex or other business to be built.

This home has been viewed 3 times

Last Checked: September 26th, 2026 at 8:23am (Source: MLS PIN #73575245)

Gross Income: $18,000

Gross Expenses: $10,120

Net Income Calc: $7,880

Water Views

Annual Expenses for 312-314 Main Street, Springfield MA 01151

Total Gross Expenses (Calculated)$10,120/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10120

Annual Income & Unit Breakdown for 312-314 Main Street, Springfield MA 01151

Total Gross Income (Calculated)$18,000

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms0

Bathrooms

Floor0

Levels in Unit0

Rent IncludesHeat

Unit 4

Rental Income$0

Lease

Bedrooms0

Bathrooms

Floor0

Levels in Unit0

Rent IncludesHeat

General Information for 312-314 Main Street, Springfield MA 01151

Listing ID73575245

Property TypeMulti Family

Price745000 ($125.21/SqFt)

Style5+ Family - 5+ Units Side By Side

CitySpringfield

CountyHampden

MLS AreaIndian Orchard

Neighborhood(s)

Approximate Living Area Total5950

Approximate Lot Size (Acres)0.48

Total Parking12

Garage Parking0

Year Built1997

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Area52

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningSR3B1

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 312-314 Main Street, Springfield MA 01151

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsPersonal Belongings.

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 312-314 Main Street, Springfield MA 01151

Real Estate Taxes10120

Tax Year2027

Assessed Value$654,000

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 312-314 Main Street, Springfield MA 01151

Neighborhood(s)

MLS AreaIndian Orchard

Area Amenities

Contact Information for 312-314 Main Street, Springfield MA 01151

Agent

Name: Alfred C. Joyce Jr.

Office

Name: Rose Bud Realty

Phone: 413-525-3205

Team Members

Payment Calculator

, Interest

Property Taxes 843.33

Principal & Interest 4590.45

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Rose Bud Realty

Alfred C. Joyce Jr.

Agent Phone

Office Phone

(413) 525-3205

Text Agent Call Agent Call Office

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EXIT

17 More Photos

Pending

312-314 Main Street, Springfield MA 01151

$745,000

Annual Expenses for 312-314 Main Street, Springfield MA 01151

Annual Income & Unit Breakdown for 312-314 Main Street, Springfield MA 01151

General Information for 312-314 Main Street, Springfield MA 01151

Disclosures for 312-314 Main Street, Springfield MA 01151

Financial Information for 312-314 Main Street, Springfield MA 01151

Location Information for 312-314 Main Street, Springfield MA 01151

Contact Information for 312-314 Main Street, Springfield MA 01151

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Rose Bud Realty

Alfred C. Joyce Jr.