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Two-Family Duplex with L-Shaped Garage
For Sale
$269,900
Pending

81-83 Chestnut Street, Springfield, MA 01151

The vacant ground-floor apartment has two bedrooms, hardwood flooring, and an enclosed porch.

Property Size2,184 SF
Days on Market8

Property Features for 81-83 Chestnut Street

General Information

Standard status Pending
Size 2,184 SF
Property subtype Multi Family

Building Details

Building Size 2,184 SF
Year Built 1926
Listing Agency: Coldwell Banker Realty - Western MA
Listed By: Authier LaDuke Team
Source: Iverty
Added: Sep 28 Changed: Oct 4 Last Checked: Oct 4 at 9:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Western MA

Investment Insights

Based on property information with market context.

Built in 1926, this 2,184-square-foot duplex has two residential units and R2 zoning. The first-floor apartment is vacant and includes two bedrooms, hardwood flooring, a living room, and a dining room or office. An enclosed porch adds space to the ground-floor layout. The upper apartment is occupied by a tenant seeking other housing.

Recent property work includes a roof, windows, and fence updates. The site also has a corner-lot position and an L-shaped garage that may need renovation.

Key Highlights

  • Two‑unit duplex with 2,184 square feet
  • Built in 1926; zoned R2
  • Vacant first‑floor apartment has two bedrooms and hardwood flooring

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Bakery Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

413
Businesses Nearby

Demographics for 01151, MA

9,150
Population
3,959
Households
2.3
Avg Household Size
34
Median Age
17%
College-Educated
77%
High-School Grad
2.4 sq mi
ZIP Area
3,813
Density / Sq Mi
$57,113
Median Household Income
$39,117
Median Earnings
$1,239
Median Rent
$219,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - The vacant ground-floor apartment has two bedrooms, hardwood flooring, and an enclosed porch.
Where is this duplex located?
The property is located at 81-83 Chestnut Street Springfield, MA.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,184 square feet; Built in 1926; zoned R2; Vacant first‑floor apartment has two bedrooms and hardwood flooring
More about this property
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