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74 Oak Street, Springfield, MA

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Unit Information

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!

Additional Details
Status: New
Type: Multi-Family, Duplex
Zip Code: 01151
Levels: 2
Parking
Garage Capacity: 4
Parking: Paved
Parking Spaces: 4
Rooms and Dimensions
Total Units: 2
Total Floors: 2
Total Rooms: 10
Has Basement: Yes
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$430,000

  • Status: New
  • Listing ID: 73598432
  • Bedrooms: 6
  • Full Baths: 2
  • Living Area: 2,484 sqft Convert
  • Lot Size: 8,398 sqft Convert
  • Acres: 0.19

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Luxury Residential Group

Luxury Residential Group

(617) 233-5800

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of The Colondres Group of Lock and Key Realty Inc.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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