71-77 Acton St,Springfield, MA 01151
Springfield, MA 01151
Description
INVESTORS TAKE NOTE! First time available after serving multiple generations of the same family, this well-positioned 4-family property, with additional bonus space (once used as a storefront) offers excellent potential for investors, or those looking to add value through updates and improvements. Two units are currently vacant, while two are occupied by month-to-month tenants, providing an opportunity for immediate rental income while allowing a new owner to renovate and reposition the vacant units to maximize future rental potential. Each apartment features an eat-in kitchen, living room, two bedrooms (some with tandem-style layouts), and a full bath. Separate laundry hookups and storage are available for each unit in the basement, with one unit also offering stackable laundry hookups within the apartment. Situated on a spacious corner lot, the property offers ample off-street parking, including a 4-car garage, as well as shared yard space. The upper-level units also enjoy private outdoor deck/balcony areas, and one of the first floor units has ramp accessibility. Recent improvements include four newer gas heating systems and four newer gas water heaters, along with vinyl replacement windows and roof believed to be approximately 25 years old. Conveniently located in Indian Orchard with easy access to public amenities and close proximity to the Wilbraham and Ludlow town lines. This is an excellent opportunity to acquire a multi-family property with multiple income-producing possibilities and significant potential for future value. Property to be sold in as-is condition with tenants in place.
Details
| MLS # | 73568017 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1913 |
| Days On Site | 28 |
| Listing Provided By | Coldwell Banker Realty - Western MA | Angela M. Costello |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 4,771 |
| Garage | 4 |
| Basement | Y |
| Story(s) | 4 |
| Units | 4 |
| Zoning | R1 |
| Acreage | 0.24 |
Interior
| Rooms Total | 20 |
|---|---|
| Interior Features | Living Room, Kitchen |
| Window Features | Insulated Windows |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Wood, Vinyl, Carpet |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Frame |
| Foundation Details | Block |
| Lot Features | Corner Lot, Level |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Paved Drive, Off Street, Paved |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | for Gas Range, for Electric Dryer, Washer Hookup |
|---|---|
| Sewer | Public Sewer |
| Electric | Circuit Breakers |
Taxes
| Tax Annual Amount | 6288 |
|---|---|
| Tax Assessed Value | 401000 |
| Tax Year | 2025 |
Location
| Community Features | Public Transportation, Shopping, Park, Laundromat, House of Worship, Public School |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Hampden |
| City | Springfield |
| Zip Code | 01151 |
| Area | Indian Orchard |
| Listing VS Median (in 01151) | |
Price: $449,000 low | high Med: $307,450 sqft: 4,771 low | high Med: 1,453 $ / sqft: $94 low | high Med: $212 On site: 28 low | high Med: 7 | |
Market Activity 01151
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Learn More About This Property
| State | MA |
|---|---|
| County | Hampden |
| City | Springfield |
| Zip Code | 01151 |
| Area | Indian Orchard |
| Listing VS Median (in 01151) | |
Price: $449,000 low | high Med: $307,450 sqft: 4,771 low | high Med: 1,453 $ / sqft: $94 low | high Med: $212 On site: 28 low | high Med: 7 | |