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    201 Main St Springfield, MA 01105

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    For Sale
    $499,900

    Three-family home with spacious units and strong rental potential.

    Lot size:
    0.07 Acres

    Property Features for 201 Main St

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1909

    Source: Naples Realty Group Agent Sheila Perez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Three-Family Home Investment

    Located on Main Street in Indian Orchard, this three-family home presents an investment opportunity. Each of the three floors features a spacious 3-bedroom unit. One unit is currently vacant, suitable for an owner-occupant or a new tenant. The apartments have generous layouts and separate utilities, offering rental potential. The property is located near bus routes, shopping centers, and local amenities. It is a 5-minute drive to the new Springfield Crossing Center on Boston Road, providing access to restaurants and retail options. This income-producing property is located in Springfield.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5005621
    Latitude
    42.159234

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    FAQs

    What type of property is this?
    Triplex - Three-family home with spacious units and strong rental potential.
    Where is this triplex located?
    The property is located at 201 Main St Springfield, MA.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Three spacious 3-bedroom units, offering ample living space.; - One vacant unit is available for immediate occupancy.; - Separate utilities for each unit, simplifying tenant management.
    (413) 313-8218
    Request Owner's contact information
    201 Main St Springfield, MA 01105
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    Springfield, MA 01105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 Main St Springfield, MA 01105
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