74 Oak Street, Springfield, MA 01151
74 Oak Street, Springfield, MA 01151
74 Oak Street, Springfield, MA 01151
74 Oak Street, Springfield, MA 01151
74 Oak Street, Springfield, MA 01151
74 Oak Street, Springfield, MA 01151
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Debi Savard

Debi Savard

+1(508) 277-6616
$ 430,000
Est. payment | /mo

6 Beds

2 Baths

2,484 SqFt

Save
$ 430,000
Est. payment | /mo
Save

6 Beds

2 Baths

2,484 SqFt

Key Details

Property Type Multi-Family

Sub Type 2 Family - 2 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,484 sqft

Price per Sqft $173

MLS Listing ID 73598432

Bedrooms 6

Full Baths 2

Year Built 1913

Annual Tax Amount $5,106

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type 2 Family - 2 Units Up/Down

Property Description

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!

Location

State MA

County Hampden

Zoning B-1

Direction Apple or Google Maps

Rooms

Basement Full, Unfinished

Interior

Interior Features Living Room, Kitchen, Laundry Room

Heating Baseboard, Natural Gas

Appliance Range, Refrigerator

Exterior

Community Features Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, Public School

Total Parking Spaces 4

Garage No

Building

Lot Description Easements

Story 2

Foundation Block

Sewer Public Sewer

Water Public

Others

Senior Community false

MLSPIN
Listed by Lock and Key Realty Inc.

Schools and Properties Nearby

Debi Savard

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(508) 277-6616

mysouthcoasthome@gmail.com

Learn More About LPT Realty

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74 Oak Street