Active
2 Days on market
249-251 College Street Springfield — Photo 1 of 38

249-251 College Street Springfield — Photo 1 of 38

$375,000

249-251 College Street, Springfield, MA 01109

Springfield, MA 01109

Investor Analysis

Beds

6

Baths

2.5

SqFt

2,404

Style

2 Family - 2 Units Up/Down

Built

1922

**Great Investment or Owner-Occupant Opportunity!** This spacious multi-family property will be delivered **VACANT AT CLOSING**, offering flexibility for investors or owner-occupants. The first-floor unit features **2 bedrooms, a living room, dining room, kitchen, and large pantry**, with laundry hookups located in the basement. The second and third floors are combined as one expansive unit featuring **6 bedrooms, living room, dining room, kitchen, 1.5 baths, and laundry hookups in the pantry area**. Both units are heated by oil, with electric hot water tanks serving each unit. Both units get serviced yearly by Berkshire Heating & Cooling. The roof is approximately **12 years old**. Conveniently located near public transportation, schools, colleges, and universities, with easy access to local amenities. Don't miss the opportunity to own a versatile multi-family property with substantial living space and excellent potential! Please refer to Special Showing Instructions!!

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$156/sqft
Local Avg (Springfield)$156/sqft
At Market Avg

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Springfield, MA.

Property Details

Financials

Original Price$375,000
Annual Taxes$3,832

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms14
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBrick/Mortar
ZoningR2

Property & Lot

Acres0.13
SqFt Lot5,525
Lot Features--

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Laundromat

Geography

Population

31,124

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$48K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

52.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Hampden County

358 housing units permitted in the last 12 months (+18% vs the prior 12 months) — 63 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Yadira Pacheco

Listing Office: Lock and Key Realty Inc.

MLS® Number: 73579602

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