295 Main, Springfield, MA 01151
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$365,000
2 Unit
4 Beds
2 Baths
1200 SQFT
0.23 Acre

Property Description

This solid 2-family property in Indian Orchard features two well-sized 2-bedroom, 1-bath units, each offering a functional layout, comfortable living space, and strong rental appeal. The first-floor unit is currently vacant, creating an excellent opportunity for an owner-occupant to move right in or for an investor to place a new tenant at today’s market rent. The home has been well maintained and presents a great option for buyers looking for steady multi-family income. Off-street parking adds convenience for both units. Located in a B1 zoning district in Indian Orchard, the property offers a variety of potential permitted uses based on municipal guidelines (buyer to verify all allowable uses with the town). The property also sits on a double lot, providing additional exterior space and the potential for additional units or expansion with proper approvals (buyer to perform all due diligence with local departments). Lead compliance certificates are available for both units.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Basement Features: Full, Unfinished Basement

Financial

  • APOD Available: No
  • Gross Operating Income: 26400
  • Net Operating Income: 26400

Utilities

  • Electric Info: 220 Volts, At Street
  • Utility Connections: for Gas 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: 2

Construction

  • Year Built: 1900
  • Construction Type: Brick, Stone/Concrete
  • Foundation Info: Concrete Block, Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73454841
  • Last Updated: 04/01/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/17/2025Active$365,000$304MLSPIN
11/13/2025New$365,000$304MLSPIN
09/01/2025Expired$365,000$304MLSPIN
06/01/2025Active$365,000$304MLSPIN
05/28/2025New$365,000$304MLSPIN
01/30/2025Expired$375,000$313MLSPIN
08/29/2024Active$375,000$313MLSPIN
08/25/2024New$375,000$313MLSPIN

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Seller's Representative: Zell Melendez, Berkshire Hathaway HomeServices Realty Professionals
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 2026-04-01 14:49:00

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