For Sale
74 Oak St, Springfield, MA
Springfield · MA 01151
- $430,000
- Price
- 6
- Beds
- 2
- Baths
- 2484
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1913
Units:
2 Units
Lot size:
8,398 Sq.Ft Lot
Price per square foot:
$173 / Sq.Ft
Parking:
4 Off Street Spaces
About this home
Investor opportunity in Indian Orchard! This occupied two-family generates $4,100 per month in current rent, or $49,200 annually. The property offers a four-bedroom unit and a two-bedroom unit, giving buyers an established income stream from day one. Tenants pay for heat and electricity; the owner pays for water. A massive walkout basement provides generous storage and potential for future value-add improvements, subject to buyer due diligence and approvals. Convenient to neighborhood shops, restaurants, public transportation, the Indian Orchard Branch Library, Cottage Hill Park and Myrtle Street Park, with access to Route 20, I-291 and the Mass Pike. Add an income-producing property with room to explore further potential to your portfolio!
Neighborhood & Transit
74 Oak St, Springfield · MA 01151
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 1 day
- Listing Price:
- $430,000
- Price per Sq.Ft:
- $173
- Tax Assessment:
- $271,600 in 2025
- Taxes:
- $426 / Monthly
Home Facts
Interior Features
- Bedrooms
- 6
- Full Bathrooms
- 2
- Half Bathrooms
- 0
- Living Area
- 2,484 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2484
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 8,398 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 4 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- The Colondres Group
- Listing office
- Lock and Key Realty Inc.
- MLS PIN #
- 73598432
- Disclosure
- Seller reserves right to accept offer at any time. Photos are prior to units being rented.
Similar homes nearby
4 matching listings
