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INVESTMENT SNAPSHOT
About this property
Attention Investors! This property Located on main st, Springfield. This is mixed use commercial and residential use. There are three front stores open to each other and they use it as a church, second floor has two residential units, one has 3 bedrooms and 2 bathrooms, a living room, and a kitchen. The second unit has 2 bedrooms and 2 bathrooms, living room and kitchen. Third floor has 4 units, all units similar to each other. Each unit has a big bedroom, kitchen and full bathroom. This property will go fast. Schedule your private showing today.
Property details
| Units | 9 |
| Living area | 0 sqft |
| Lot size | 6,172 sqft |
| Year built | 1900 |
| Price / sqft | — |
| County | Hampden |
| MLS # | 73347767 |
Listing status
| Days on market | 436 days |
| Listed on | March 19, 2025 |
Taxes & financials
| Annual property tax | $13,100 |
| Tax year | 2025 |
| Assessed value | $614,300 |
| Zoning | B2 |
| Gross income (actual) | $98,400/yr |
| Net operating income (actual) | $11,487/yr |
| Total actual rent | $8,200/mo |
| Electric expense | $360/yr |
| Insurance expense | $6,800/yr |
Building & lot
| Stories | 5 |
| Total rooms | 17 |
| Lot size | 0.14 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive, Off Street, Common |
| Basement | Full, Interior Entry, Unfinished |
| Foundation | Brick/Mortar |
| Roof | Rubber |
| Construction | Brick |
| Flooring | Vinyl |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Range |
Location
More about investing in Springfield →
Listing courtesy of Lock and Key Realty Inc. — Fallah Razzak. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 570-582 Main St, Springfield MA 01119 have?
It is a 9-unit multi-family property, built in 1900.
How long has 570-582 Main St, Springfield MA 01119 been on the market?
570-582 Main St, Springfield MA 01119 has been listed for 436 days (since March 19, 2025).
What is the estimated cap rate on this 9-family in Springfield?
Based on area median rents, the estimated cap rate is about 13.6%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $750,000 across 9 units, that works out to roughly $83,333 per unit.
What are the property taxes on 570-582 Main St, Springfield MA 01119?
Annual property taxes are $13,100 (2025), on an assessed value of $614,300.
Is there parking?
6 total parking spaces (paved drive, off street, common).
Where is this property located?
570-582 Main St, Springfield MA 01119 is in Springfield, Hampden County, MA 01119.
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