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331-337 Main Street, West Springfield MA 01089

Active

331-337 Main Street, West Springfield MA 01089

$599,000

Estimated $1,626/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $149,750

Total Rent: 27600/year

Estimated CAP Rate:

13 Bedrooms

Baths

5763

Total Parking: 13 (2 Garage)

0 (0.00)

Rare investment opportunity in West Springfield! Offered together, 331 and 337 Main Street feature two separately deeded multi-family homes with a total of four units and excellent income potential. Each property offers an occupied first-floor unit with 2 bedrooms and 1 full bath, while the spacious upper-level units are vacant and ready for new tenants or owner occupancy. At 331 Main Street, the second unit spans two levels and features 5 bedrooms, 2 full baths, and additional living and gathering spaces offering plenty of flexibility. At 337 Main Street, the updated second unit also spans two levels, offering 4 bedrooms and 1 full bath, ready for immediate occupancy. All four units feature separate utilities, in-unit laundry, and their own porch or balcony. A two-car garage adds additional parking and storage. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the others, this unique offering presents incredible possibilities. Two properties with four units equal one great investment opportunity! Schedule your showing today!

This home has been viewed 10 times

Last Checked: October 14th, 2026 at 8:23am (Source: MLS PIN #73588988)

Gross Income: $27,600

Gross Expenses: $7,852

Net Income Calc: $19,748

Water Views

Annual Expenses for 331-337 Main Street, West Springfield MA 01089

Total Gross Expenses (Calculated)$7,852/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7852

Annual Income & Unit Breakdown for 331-337 Main Street, West Springfield MA 01089

Total Gross Income (Calculated)$27,600

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms5

Bathrooms5 Full

Floor2

Levels in Unit2

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

Lease

Bedrooms4

Bathrooms4 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 331-337 Main Street, West Springfield MA 01089

Listing ID73588988

Property TypeMulti Family / 4 Family

Price599000 ($103.94/SqFt)

Style4 Family

CityWest Springfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total5763

Approximate Lot Size (Acres)0

Total Parking13 (2 Garage)

Garage Parking2

Year Built1895

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRC

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 331-337 Main Street, West Springfield MA 01089

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Tenant Possessions

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 331-337 Main Street, West Springfield MA 01089

Real Estate Taxes7852

Tax Year2026

Assessed Value$559,500

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 331-337 Main Street, West Springfield MA 01089

Neighborhood(s)

Area Amenities

Contact Information for 331-337 Main Street, West Springfield MA 01089

Agent

Name: Stephanie Salerno

Office

Name: Coldwell Banker Realty

Phone: 860-668-4589

Payment Calculator

, Interest

Property Taxes 654.33

Principal & Interest 3690.85

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty

Stephanie Salerno

Agent Phone

Office Phone

(860) 668-4589

Text Agent Call Agent Call Office

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EXIT

30 More Photos

Active

331-337 Main Street, West Springfield MA 01089

$599,000

Annual Expenses for 331-337 Main Street, West Springfield MA 01089

Annual Income & Unit Breakdown for 331-337 Main Street, West Springfield MA 01089

General Information for 331-337 Main Street, West Springfield MA 01089

Disclosures for 331-337 Main Street, West Springfield MA 01089

Financial Information for 331-337 Main Street, West Springfield MA 01089

Location Information for 331-337 Main Street, West Springfield MA 01089

Contact Information for 331-337 Main Street, West Springfield MA 01089

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty

Stephanie Salerno