74 Oak Street, Springfield, MA 01151
Local realty services provided by:ERA Millennium Real Estate
74 Oak Street,Springfield, MA 01151
$430,000
- 6 Beds
- 2 Baths
- 2,484 sq. ft.
- Multi-family
- Active
Listed by: the colondres group
Office: lock and key realty inc.
MLS#:73598432
Source:MLSPIN
Price summary
- Price:$430,000
- Price per sq. ft.:$173.11
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!
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Home facts
- Year built:1913
- Listing ID #:73598432
- Updated:November 11, 2026 at 12:41 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Kitchen Description:Kitchen, Range, Refrigerator
- Basement Description:Full, Unfinished
- Living area:2,484 sq. ft.
Heating and cooling
- Heating:Baseboard, Natural Gas
Structure and exterior
- Year built:1913
- Building area:2,484 sq. ft.
- Lot area:0.19 Acres
- Lot Features:Easements
- Foundation Description:Block
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$430,000
- Price per sq. ft.:$173.11
- Tax amount:$5,106 (2025)
Features and amenities
- Appliances:Range, Refrigerator
Parking
- Total parking spaces:4
- Parking description:Paved Drive
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