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    401 Grayson Dr Springfield, MA 01119

    For Sale
    $419,000

    Updated duplex perfect for investors or first-time homebuyers.

    Lot size:
    0.75 Acres

    Property Features for 401 Grayson Dr

    General Information

    Lot size
    0.75 Acres

    Building Details

    Year built
    1968

    Source: Trend 2000 Real Estate Agent Gregory E. Heineman

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

    Overview

    Turnkey Duplex with Updated Features

    This turnkey duplex has been completely updated from top to bottom. It is suitable for investors or first-time homebuyers seeking mortgage assistance, and could also function as an in-law setup. Unit 1 features an updated kitchen with a 7 ft isle, granite countertops, Kraftmaid cabinets, wood flooring, stainless steel appliances, and a floor heater. It includes 3 bedrooms, 2 full baths, a mini split for A/C, a finished lower level, and a 2-car garage. Unit 2 offers an updated kitchen with granite countertops, stainless steel appliances, wood flooring, a tile bath, a large bedroom, and a large living room. The property is situated on a lot with a babbling brook and almost an acre of land.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.508835
    Latitude
    42.1323507

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    FAQs

    What type of property is this?
    Duplex - Updated duplex perfect for investors or first-time homebuyers.
    Where is this duplex located?
    The property is located at 401 Grayson Dr Springfield, MA.
    What is the asking price?
    The asking price for this property is $419,000.
    What are key features of this property?
    This property features: - Turnkey, fully updated duplex, ideal for investors or first-time homebuyers seeking mortgage assistance.; - Unit 1: Updated kitchen with 7 ft island, granite countertops, Kraftmaid cabinets, stainless steel appliances, 3 bedrooms, 2 full baths, finished lower level, and 2-car garage.; - Unit 2: Updated kitchen with granite countertops, stainless steel appliances, wood flooring, tile bath, large bedroom and large living room.
    (860) 841-1199
    Request Owner's contact information
    401 Grayson Dr Springfield, MA 01119
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    Springfield, MA 01119
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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
    401 Grayson Dr Springfield, MA 01119
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