201 Main St Springfield, MA 01105
Indian Orchard NeighborhoodEstimated payment $3,054/month
Highlights
- Property is near public transit and schools
- Park
- Carpet
- Porch
- Shops
- 4-minute walk to Myrtle Street Park
About This Home
Welcome to 201 Main Street in Indian Orchard! A fantastic investment opportunity! This three-family home offers spacious 3-bedroom units on each floor, with one vacant unit ready for an owner-occupant or new tenant. Each apartment features generous layouts, separate utilities, and strong rental potential, making this property a true cash cow. Conveniently located near bus routes, shopping centers, and local amenities, this multifamily is just a 5-minute drive to Boston Road’s new Springfield Crossing Center, offering easy access to restaurants, retail, and more. Whether you’re looking to expand your portfolio or live in one unit while tenants help pay the mortgage, this property is a smart and strategic choice. Don’t miss out on this income-producing gem in a prime Springfield location! Open House Saturday, November 8th 1-2:30pm!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,031
Year Built
- Built in 1909
Parking
- Open Parking
Home Design
- Stone Foundation
- Shingle Roof
- Tar and Gravel Roof
- Stone
Interior Spaces
- 3,801 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Additional Features
- Porch
- 2,879 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number S:08132 P:0272,4629593
Community Details
Recreation
- Park
Additional Features
- 3 Units
- Shops
- Net Operating Income $27,900
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,031 | $384,600 | $39,800 | $344,800 |
| 2024 | $5,276 | $328,500 | $37,200 | $291,300 |
| 2023 | $4,467 | $262,000 | $30,500 | $231,500 |
| 2022 | $4,063 | $215,900 | $28,500 | $187,400 |
| 2021 | $4,139 | $219,000 | $26,000 | $193,000 |
| 2020 | $4,152 | $212,600 | $26,000 | $186,600 |
| 2019 | $3,767 | $191,400 | $26,900 | $164,500 |
| 2018 | $3,521 | $178,900 | $26,900 | $152,000 |
| 2017 | $3,358 | $170,800 | $22,900 | $147,900 |
| 2016 | $3,393 | $172,600 | $22,900 | $149,700 |
| 2015 | $3,425 | $174,100 | $22,900 | $151,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/15/2026 03/15/26 | Price Changed | $484,900 | -1.0% | $128 / Sq Ft |
| 01/13/2026 01/13/26 | Price Changed | $489,900 | -2.0% | $129 / Sq Ft |
| 11/04/2025 11/04/25 | For Sale | $499,900 | 0.0% | $132 / Sq Ft |
| 04/01/2018 04/01/18 | Rented | $1,100 | 0.0% | -- |
| 03/02/2018 03/02/18 | Under Contract | -- | -- | -- |
| 03/02/2018 03/02/18 | For Rent | $1,100 | 0.0% | -- |
| 02/07/2018 02/07/18 | Rented | $1,100 | 0.0% | -- |
| 11/30/2017 11/30/17 | Under Contract | -- | -- | -- |
| 11/03/2017 11/03/17 | For Rent | $1,100 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $69,628 | -- | |
| Quit Claim Deed | -- | -- | |
| Foreclosure Deed | $80,000 | -- | |
| Deed | $175,000 | -- | |
| Deed | $175,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $119,430 | New Conventional | |
| Previous Owner | $42,128 | New Conventional | |
| Previous Owner | $140,000 | Purchase Money Mortgage | |
| Previous Owner | $17,500 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73451258
APN: SPRI-008132-000000-000272
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
- 166-168 Main St
- 365 Water St Unit 367
- 295 Main St
- 115 Hampden St
- 0 N S Main St Io
- 96 Lyons St
- 189 Essex St Unit H
- 46-48 Milton St
- 33 Connolly St
- 36 Daniel St
- 1045-1047 Worcester St
- 59 Prospect Gardens
- 39 Rogers Ave
- Lot 602 Grandview Ave
- 57 Belmont St
- 340 Oak St
- 0 Center St Unit 73415933
- 83-85 Albert Ave
- 501 Oak St
- 350 West Ave Unit 5
- 1397 Worcester St Unit 2
- 298 Main St Unit 1
- 36 Montcalm St Unit 2
- 315 Main St Unit 1
- 115 Berkshire St Unit 2
- 19-21 Daniel St Unit 19
- 29 Pasco Rd Unit 2
- 158 Goodwin St
- 313 West Ave Unit The Key House
- 184 Howard St Unit A
- 200 Slater Ave
- 1 Beacon Cir
- 531 Berkshire Ave Unit 2
- 531 Berkshire Ave Unit 3-Bedroom Apartment
- 85 N Branch Pkwy
- 40 Catalpa Terrace
- 60 Gatewood Rd Unit 1
- 1412 Wilbraham Rd
- 203 Denver St
- 58 Lawton St
Ask me questions while you tour the home.