Multi Family at 81-83 Chestnut Street, Springfield MA 01151, Springfield
Multi Family at 81-83 Chestnut Street, Springfield MA 01151, Springfield, photo 2 of 27
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Multi Family at 81-83 Chestnut Street, Springfield MA 01151, Springfield, photo 17 of 27
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Multi Family at 81-83 Chestnut Street, Springfield MA 01151, Springfield, photo 27 of 27
27 photos

$269,900

81-83 Chestnut Street, Springfield MA 01151
Springfield, MA 01151
Listed by Authier LaDuke Team
Bedrooms
4
Bathrooms
2
Living area
2,184 sqft
Year built
1926

About this home

Exceptional Opportunity for Investors or Owner-Occupants! This two-family property offers tremendous potential for those looking to build equity and bring new life to a home with plenty of possibilities. Situated on a corner lot, this property features a vacant first-floor unit with hardwood floors, two bedrooms, a generously sized living room, dining room or office and an enclosed front porch offering additional space to relax or entertain. The second-floor unit is currently occupied by a tenant who is seeking alternative housing, presenting an opportunity for future renovation and personalization. Recent improvements include an updated roof, windows and fence, providing a great starting point for your vision. The property also features a unique L-shaped garage that offers additional potential but may benefit from updating. While the home requires some improvements the possibilities are endless for the buyer willing to put in the work! This property presents an opportunity to invest, renovate, and unlock its potential. Whether you're looking to expand your investment portfolio or owner-occupy while creating additional value, this two-family is ready for its next chapter. Bring your ideas and imagination and make this property shine!

Property details

MLS #
73583580
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
2
On market date
September 28, 2026
Stories
2
Total bathrooms
2
Garage spaces
2
Parking spaces
5
Lot size
0.11 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Indian Orchard Elementary
0.78 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
518
Student:teacher ratio
11.0:1
District
Springfield
Middle
John F Kennedy Middle
0.27 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
420
Student:teacher ratio
9.1:1
District
Springfield
High
Springfield Public Day High School
0.09 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
65
Student:teacher ratio
4.6:1
District
Springfield

Walkability

Blended score for Springfield's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

81
Highly walkable
out of 100
EPA National Walkability Index
14.2 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores7
Parks8
Schools5
Transit stops20
Pharmacies1

Market position

How this listing compares to current activity in Springfield, from live MLS data.

On the market 2 days -- 105 fewer days than Springfield's current average of 107 days.
For reference, the median list price across 710 active listings in Springfield right now is $309,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$1,775/mo
$53,980 down
$215,920 loan
Principal & interest$1,400
Property tax (est.)$225
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.