531 Berkshire Ave, Springfield, MA 01109
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$369,900
2 Unit
4 Beds
2 Baths
2229 SQFT
0.14 Acre

Property Description

Discover this beautifully maintained two-family home, a perfect opportunity for investors! With current rents totaling $2,825, this property promises solid returns. Completely remodeled in 2017, the upgrades include all new plumbing and electrical systems, ensuring a worry-free investment.The first-floor unit features a cozy one-bedroom layout, while the spacious second-floor unit boasts three bedrooms, ideal for families or renters seeking extra space. Each unit has been thoughtfully updated to provide modern living comforts. Enjoy the benefits of a well-maintained property with a strong rental history. Additionally, the third Floor has potential for two more bedrooms, adding valuable square footage. Finally the property also has rentable storage space for added value.Don't miss out on this lucrative investment – schedule a showing today! Open house Saturday 11-1230! Third Floor has potential for two more bedrooms. Property also has rentable storage space for added value.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 33900
  • Net Operating Income: 33900

Utilities

  • Electric Info: 100 Amps, Circuit Breakers, Other (See Remarks), Underground
  • Utility Connections: for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1897
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73409456
  • Last Updated: 07/29/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/29/2025Active$369,900$166MLSPIN
07/25/2025New$369,900$166MLSPIN

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Seller's Representative: The Gerber Group, Naples Realty Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-07-29 03:05:00

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