ASK ABOUT THE *5.5% RATE! Fantastic opportunity to own a beautifully renovated two-family duplex property in Springfield! Each spacious unit offers 5 bedrooms, 1.5 baths, as well as separate dining room, living room, large kitchen, and a family/bonus room on the 3rd floor. With 3400 sq. ft. of living space, parking for 3 cars in each driveway, and fenced back yards, this property is a wonderful owner occupied home for multi-generational living or for the investor who wants a turn-key cash cow. Both units feature new kitchens with granite counters, wood flooring, and updated baths. One unit has new appliances. Each unit has it's own forced-air gas heat, electrical meters, and gas hot water heaters. Located in a convenient area across from the beautiful DeBarry and Swan Elementary Schools, quick access to Downtown Springfield, STCC, and many other nearby amenities. Renovated, deleaded, and move-in ready, this property offers excellent space and flexibility for owner-occupants or investors. (*rate subject to change)
This home has been viewed 58 times
Last Checked: October 23rd, 2026 at 9:43am (Source: MLS PIN #73580081)
Gross Income: $0
Gross Expenses: $3,592
Net Income Calc: $3,592
Water Views
Annual Expenses for 741-745 Union St, Springfield MA 01109
Total Gross Expenses (Calculated)$3,592/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3592
Annual Income & Unit Breakdown for 741-745 Union St, Springfield MA 01109
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms5
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms5
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
Rent IncludesHeat
General Information for 741-745 Union St, Springfield MA 01109
Listing ID73580081
Property TypeMulti Family / 2 Family
Price489900 ($144.05/SqFt)
Style2 Family - 2 Units Side By Side
CitySpringfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total3401
Approximate Lot Size (Acres)0.15
Total Parking6
Garage Parking0
Year Built1889
Year Built SourcePublic Records
Year Built DetailsActual,Renovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 741-745 Union St, Springfield MA 01109
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWall Mounted Tv's-Brackets To Remain
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 741-745 Union St, Springfield MA 01109
Real Estate Taxes3592
Tax Year2025
Assessed Value$229,100
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 741-745 Union St, Springfield MA 01109
Neighborhood(s)
Area Amenities
Contact Information for 741-745 Union St, Springfield MA 01109