$430,000
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!
Property details
- MLS
- MLS Property Information Network
- MLS #
- 73598432
- Property type
- 2 Family - 2 Units Up/Down
- Subdivision
- N/A
- Status
- Active
- Days on market
- 1
- On market date
- November 3, 2026
- Stories
- 2
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- 4
- Lot size
- 0.19 acres
Location
Get directions →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.
- Enrollment
- 518
- Student:teacher ratio
- 11.0:1
- District
- Springfield
- Enrollment
- 420
- Student:teacher ratio
- 9.1:1
- District
- Springfield
- 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).
Market position
How this listing compares to current activity in Springfield, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network. Last updated 22 hr 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.