182 Main St, Springfield, MA 01151
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$449,987
6 Unit
8 Beds
6 Baths
2621 SQFT
0.15 Acre

Property Description

Your next investment opportunity awaits in this great deal! Perfect property for a savvy investor looking for cash flow, this 6 unit building offers five 1 bedroom units and one 3 bed unit. The two first floor units are vacant so you can move your new tenants right in. The remaining apartments are all leased by long term tenants with room to increase the rents. Will bring in over $5,000 per month when fully leased! This home features a new roof, vinyl siding, vinyl replacement windows and an updated heating system. There's even a large shed on the property that's currently rented for $150/month for even more income. An ideal investment property with excellent cashflow. Don't wait, schedule your showing today.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 9
  • Total Bedrooms: 8
  • Total Full Baths: 6
  • Amenities: Conservation Area, Highway Access, Laundromat, Park, Private School, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 16800
  • Net Operating Income: 16800

Utilities

  • Heat Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2

Unit 4 Description

  • Under Lease: Yes
  • Floors: 2

Construction

  • Year Built: 1913
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73339561
  • Last Updated: 03/03/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/03/2025Active$449,987$172MLSPIN
02/27/2025New$449,987$172MLSPIN

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Seller's Representative: Bill Nichols, Hampden Realty Center, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2025-03-03 03:05:00

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