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570-582 Main St, Springfield MA 01119

Springfield, MA 01119
$800,000
$750,000
Est. $5,084/month
0.14
Acres
1900
Year Built
6
Parking
477
Days on Market
Active Price Drop -$50,000 Listed Mar 19, 2025 • MLS# 73347767 Copied! • Updated May 29, 2026

About this home

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.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
3.8%
Price Range

Property Timeline

Price Reduced
Apr 15, 2026
$750,000 $30,000 (-3.85%)
From $780,000 to $750,000 (-3.9%)
🏠
Listed for Sale
Mar 19, 2025
$780,000
Original listing
Agent: Fallah Razzak Office: Lock and Key Realty Inc.

Tax History

Year Taxes Assessment
2025 $13,100 $614,300

Financial Details

Annual Property Tax
$13,100
Tax Year 2025
Assessed Value
$614,300

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1900
Living Area 0.00
Lot Size 0.14 acres
Total Rooms 17

Investment Metrics

Units 9
Unit 1 Rent $1,200/mo · Y
Unit 2 Rent $1,200/mo · Y
Unit 3 Rent $1,000/mo · Y
Unit 4 Rent $900/mo · Y
Total Monthly Rent $4,300/mo
Gross Income $98,400
Net Operating Income $11,487
Operating Expenses $41,404
Water/Sewer Expense $3,600
Electric Expense $360
Insurance Expense $6,800
Cap Rate 1.53%
Heating None
Cooling None
Flooring Vinyl
Appliances None
Fireplace None
Basement Full, Interior Entry, Unfinished
Laundry None
Features None
Construction Brick
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street, Common
Total Spaces 6
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range

Financial

Annual Tax $13,100
Assessed Value $614,300
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Seller Never Lived On The Property, Windows 5 Years Old, Heat And Hot Water. 3years Old, Electric System 5 Years Old
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Hampden
Total market time (incl. prior listings) 436 days

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Living Area
0 sq ft
Total Rooms
17
Stories
5
Levels
5

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Vinyl
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Full, Interior Entry, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Brick
Roof: Rubber
Foundation: Brick/Mortar
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street, Common

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,092
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

570-582 Main St, Springfield MA 01119

Springfield, MA 01119

Listing Information

Listing Agent Fallah Razzak
Listing Office Lock and Key Realty Inc.
Office Phone 413-282-8080
Agent MLS ID CT009589
Office MLS ID AN5521
Listing Data Updated May 29, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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