About this home

Investor opportunity in Indian Orchard! This occupied two-family generates $4,100 per month in current rent, or $49,200 annually. The property offers a four-bedroom unit and a two-bedroom unit, giving buyers an established income stream from day one. Tenants pay for heat and electricity; the owner pays for water. A massive walkout basement provides generous storage and potential for future value-add improvements, subject to buyer due diligence and approvals. Convenient to neighborhood shops, restaurants, public transportation, the Indian Orchard Branch Library, Cottage Hill Park and Myrtle Street Park, with access to Route 20, I-291 and the Mass Pike. Add an income-producing property with room to explore further potential to your portfolio!

Facts and features

Schools

• John F Kennedy Middle School

  middle · 6-8 · 0.5 mi

  4

• Indian Orchard Elementary School

  elementary · K-5 · 0.5 mi

  5

• Springfield Public Day High School

  high · 9-12 · 0.2 mi

  1

• St. Matthew Elementary School

  elementary · K-8 · 0.2 mi

• Immaculate Conception School

  elementary · K-8 · 0.9 mi

• Warner School

  elementary · K-5 · 1.3 mi

  7

Price history

• Nov 4, 2026 · Listed$430,000
• Apr 8, 2026 · Listing Removed$450,000

Tax history

• 2021$2,990 tax · $158,200 assessed
• 2020$2,998 tax · $153,500 assessed
• 2019$2,629 tax · $133,600 assessed
• 2018$2,842 tax · $144,400 assessed
• 2017$2,251 tax · $114,500 assessed
• 2016$2,167 tax · $110,200 assessed
• 2015$2,134 tax · $108,500 assessed
• 2014$2,030 tax · $103,000 assessed

Home value

$440,000

• Collateral Analytics$440,000
• Cotality$440,000
• Quantarium$301,951

Where it is