295 Main, Springfield, MA 01151
Hampden County
Key Facts
Description
This solid 2-family property in Indian Orchard features two well-sized 2-bedroom, 1-bath units, each offering a functional layout, comfortable living space, and strong rental appeal. The first-floor unit is currently vacant, creating an excellent opportunity for an owner-occupant to move right in or for an investor to place a new tenant at today’s market rent. The home has been well maintained and presents a great option for buyers looking for steady multi-family income. Off-street parking adds convenience for both units. Located in a B1 zoning district in Indian Orchard, the property offers a variety of potential permitted uses based on municipal guidelines (buyer to verify all allowable uses with the town). The property also sits on a double lot, providing additional exterior space and the potential for additional units or expansion with proper approvals (buyer to perform all due diligence with local departments). Lead compliance certificates are available for both units.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1900
Stories
3
Living Area
1,200 sq ft
Lot Size
0.23 acres
Parking Spaces
6
Zoning
B1
Days on Market
168
MLS® Listing#
73454841
Property Features
Exterior
Basement
Parking
Patio
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$3,857
Tax year 2025
Assessed Value
$246,000
Parcel Number
3215856
Directions
GPS
Affordability Calculator
$73,000
Estimated monthly payment
$1,943/mo
Principal $292,000 · Est. interest $407,366 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Springfield, MA
- $325,850
- Median Listing Price
- 33
- Median Days on Market
- 1,594
- Median Sq Ft
- $208
- Median Price / Sq Ft
- 235
- Active Listings
- This home’s price is 12% above the area median.
- Its price per sq ft is 46% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Springfield, MA.
Location
- 295 Main, Springfield, MA 01151
Points of Interest in Springfield, MA
Showing the Springfield area map.
Nearby Schools
Indian Orchard Elementary School
Elementary · 0.3 mi away
Springfield Public Day High School
Secondary · 0.5 mi away
Conservatory of the Arts
School · 0.6 mi away
Ludlow Public Schools
School · 0.7 mi away
St John the Baptist School
School · 1.0 mi away
Warner
Elementary · 1.3 mi away
Ludlow Portuguese School
School · 1.4 mi away
East Street Elementary School
Elementary · 1.5 mi away
Litwin Elementary School
Elementary · 1.8 mi away
Ludlow Senior High School
Secondary · 1.8 mi away
Baird Middle School
Elementary · 2.1 mi away
Sixteen Acres Nursery School
School · 2.1 mi away
Mary M Lynch
Elementary · 2.2 mi away
White Oak School
School · 2.3 mi away
Sabis International Charter School
School · 2.4 mi away
Thomas M Balliet
Elementary · 2.6 mi away
Wilbraham Middle School
Secondary · 2.6 mi away
Balliet Middle School
Elementary · 2.8 mi away
Springfield Prep Charter School
Elementary · 2.9 mi away
Mary M. Walsh Elementary School
Elementary · 3.0 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 492 Morgan Road, West Springfield, MA | $259,000 | 3 | 2 | 1,180 |
| 60 Keddy Street, Springfield, MA | $259,900 | 3 | 1 | 864 |
| 15 Merida St, Springfield, MA | $260,000 | 3 | 1 | 1,248 |
| 3 John Drive, West Springfield, MA | $260,000 | 3 | 2 | 1,717 |
| 73 Prentice St, Springfield, MA | $269,900 | 3 | 1 | 1,080 |
| 26 Grandview St, Springfield, MA | $269,900 | 3 | 1 | 1,499 |
Moving Cost Estimate
EXIT Agents in Springfield
Listing Courtesy: Berkshire Hathaway HomeServices Realty Professionals - 4135673361
Presented by: Zell Melendez