2 months on rocket

295 Main St, Springfield, MA, 01151

$375,000

Home List Price

$4,453*

Closing Credit

4 Bedrooms
2 Full Baths
1,200 SqFt
$313/SqFt
Multi

Location

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295 Main St, Springfield$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Stone/Gravel
Year Built1900
BasementYes
MLS #73281646
Lot Size0.23 Acres
StatusActive

About 295 Main St

INVESTMENT OPPORTUNITY! Build a brand new duplex on this double lot!!! This well-located 2-family property on a spacious lot in Indian Orchard offers significant potential for growth. The current property features 2 bedrooms and 1 full bath per unit. First floor tenant is on a month-to-month lease and is interested in staying long term. The property is being sold in "as-is" condition. The seller had plans to build an additional 2-family dwelling on the front portion of the lot, making this a prime candidate for redevelopment. Buyers are encouraged to conduct their own due diligence regarding future construction possibilities. Don’t miss out on this versatile investment opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: Homes Logic Real Estate, LLC
  • Office Phone: (413) 731-1111
  • Listing Agent: Wilfredo Lopez

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Paved Drive, Stone/Gravel

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Other

Directions Information:

  • Directions: Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $313/SqFt

Tax Information:

  • Annual Amount: $2,954
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Springfield, MA.

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Springfield, MA

City

Med. Sold Price

$299.5K

Med. Price/SqFt

$185

Avg. Days On Market

30

# of Sold Homes

94

295 Main St vs Springfield

88 DAYS ON ROCKET

+58 Days

$375,000

+$75.4K More

$313/SqFt

+$127 More

KEY TAKEAWAY

This property is $75.4K more than the Median Sold Price and $127/SqFt more than other homes in Springfield, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73281646

Listing Office:

  • Office Name: Homes Logic Real Estate, LLC
  • Office Phone: (413) 731-1111
  • Listing Agent: Wilfredo Lopez

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,954$156,300
2020$2,738$140,200
2019$2,749$139,700
2018$2,663$135,300
2017$2,459$125,100

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-468928
2
/10

  • Indian Orchard Elementary School

  • 95 Milton St

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-468929
4
/10

  • Warner

  • 493 Parker St

  • 1.25 miles

  • Public District Grades PK-5

school-card-donut-468930
5
/10

  • Litwin

  • 135 Litwin Ln

  • 1.81 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,477. Typical income of Springfield, MA residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Hampden County›Springfield›01151›295 Main St

This home is located at 295 Main St in Springfield, MA and zip code 01151 in the Indian Orchard neighborhood. This 1,200 square foot home, which was built in 1900, sits on a 0.23 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 25, 2024 and is currently priced at $375,000.

In October 2024, from all listings sold in Springfield, MA there were more than 67 sold above asking price, over 16 sold below and more than 11 were sold right at the asked price. The number of homes for sale in Springfield, MA increased by 8.6% between September 2024 and October 2024. Listings spent 30 days on the market in October 2024, and had a median list price of $299,525 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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