Building Details

Year Built 1919

Listing Agency: Lock and Key Realty Inc.

Listed By: Patriot Living Group Show Phone

Source: Murphyrealtors

Added: Jun 29 Changed: Sep 2 Last Checked: Sep 4 at 10:46AM

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Investment Insights

Based on property information with market context.

Key Highlights

• Two‑family building built in 1919 in Springfield
• Detached 10‑bay garage/office space on the property
• Concludes in a solid layout with potential for owner‑occupants or investors

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Veterinary Clinic Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Catering Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

1,540

Businesses Nearby

Explore this area Business Placement

Demographics for 01105, MA

12,051

Population

5,554

Households

2.2

Avg Household Size

33

Median Age

8%

College-Educated

64%

High-School Grad

1.2 sq mi

ZIP Area

10,043

Density / Sq Mi

$22,994

Median Household Income

$24,078

Median Earnings

$976

Median Rent

$238,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

Where is this duplex located?

The property is located at 243 Central Street Springfield, MA.

What is the asking price?

The asking price for this property is $340,000.

What are key features of this property?

This property features: Two‑family building built in 1919 in Springfield; Detached 10‑bay garage/office space on the property; Concludes in a solid layout with potential for owner‑occupants or investors