
312-314 Main Street Springfield — Photo 1 of 20
$745,000
312-314 Main Street, Springfield, MA 01151
Springfield, MA 01151 — Indian Orchard
Beds
14
Baths
6
SqFt
5,950
Style
5+ Family - 5+ Units Side by Side
Built
1997
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.
Market Value Analysis
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Springfield, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Geography
Population
9,606
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$55K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
53.3%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Hampden County
359 housing units permitted in the last 12 months (+20% vs the prior 12 months) — 74 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Alfred C. Joyce Jr.
Listing Office: Rose Bud Realty
MLS® Number: 73575245
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