74 Oak Street Springfield, MA $ 430,000
74 Oak Street
$ 430,000
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74 Oak Street

Springfield, MA, 01151
$ 430,000
Bedrooms6 Baths2.0 Sq 2,484

Monthly Estimate*

$ 2,970

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Multi-Family Home for sale in Springfield, MA

for $430,000 with 6 bedrooms and 2 full baths. This 2,484 square foot home was built in 1913 on a lot size of 0.19.

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!

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Multi-Family Active

Price

$ 430,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,106

Style

2 Family - 2 Units Up/Down

Lot Size

0.19

Year Built

1913

Town/City

Springfield

County/Region

Hampden

MLS | Web ID

73598432

List By
The Colondres Group

Listing Agent

Lock And Key Realty Inc.

Broker

Affordability Calculator

$3,395
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,970
Monthly Property Taxes
$426
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
11/4/2026$430,000 Listed Price

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74 Oak Street, Springfield, MA, 01151 is a Multi-Family Home for sale at $430,000 with 2,484 sqft and a lot size of 0.19. 74 Oak Street has 6 bedrooms, 2.0 baths, and was built in 1913. The property's zip code is 01151 which is in Springfield, MA