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570-582 Main St, Springfield MA 01119

$800,000

Estimated $18,029.35/month Calculator

Multi Family

Total Units: 9

Price Per Unit: $88,888.89

Total Rent: 51600/year

Estimated CAP Rate: 1.40%

0 Bedrooms

Baths

6 Parking Spots

0.14 acres

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.

This home has been viewed 16 times

Last Updated: March 24th, 2025 at 6:13am

Gross Income: $51,600

Gross Expenses: $40,420

Net Income Calc: $11,180

CAP Rate: 1.40%

Annual Expenses for 570-582 Main St, Springfield MA 01119

Total Gross Expenses (Calculated)$40,420/year

APOD AvailableYes

Heating$10,800

Electricity$360

Water$3,600

Gas$3,600

Insurance$6,800

Sewer$3,600

Trash Removal$2,160

Repair & Maintenance$0

Management$3,600

Miscellaneous$0

Real Estate Tax$13,100

Annual Income & Unit Breakdown for 570-582 Main St, Springfield MA 01119

Total Gross Income (Calculated)$51,600

Unit 1

Rental Income1200

LeaseY

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income1200

LeaseY

Bedrooms2

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income1000

LeaseY

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income900

LeaseY

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 570-582 Main St, Springfield MA 01119

Listing ID73347767

Property TypeMulti Family / 5+ Family

Price$800,000

Style

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total

Approximate Lot Size (Acres)0.14 acres

Total Parking6

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year RenovatedN/A

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsBrick

Lot Features

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningB2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesInsulated Windows

Terms

Interior Features for 570-582 Main St, Springfield MA 01119

Disclosures for 570-582 Main St, Springfield MA 01119

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$41,404

Total Gross Income By Broker$98,400

Total Net Income By Broker$11,487

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Location Information for 570-582 Main St, Springfield MA 01119

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 570-582 Main St, Springfield MA 01119

Agent

Name: Fallah Razzak

MLS ID: CT009589

Office ID: AN5521

National Association ID: 452508167

Phone: 413-885-0093

Address: 98 Osborne Terr

City: Springfield

State: MA

Zip: 01104

Office

Name: Lock and Key Realty Inc.

MLS Office ID: AN5521

Phone: 413-282-8080

Payment Calculator

, Interest

Property Taxes $13,100

Principal & Interest 4929.35

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lock and Key Realty Inc.

Fallah Razzak

Agent Phone

(413) 885-0093

Office Phone

(413) 282-8080

Text Agent Call Agent Call Office

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                    [field_id] => 3075
                    [type] => datetime
                    [name] => ModificationTimestamp
                    [value] => 23/03/2025 08:05:00
                )

[field_3094] => Array
                (
                    [field_id] => 3094
                    [type] => price
                    [name] => SOLD_PRICE_PER_SQFT
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3095] => Array
                (
                    [field_id] => 3095
                    [type] => number
                    [name] => STREET_NUM
                    [value] => 570
                )

[field_3105] => Array
                (
                    [field_id] => 3105
                    [type] => select
                    [name] => APOD_AVAILABLE
                    [value] => Yes
                )

[field_3109] => Array
                (
                    [field_id] => 3109
                    [type] => number
                    [name] => FIRE_PLACES
                    [value] => 0
                )

[field_3113] => Array
                (
                    [field_id] => 3113
                    [type] => select
                    [name] => LEASE_1
                    [value] => Y
                )

[field_3114] => Array
                (
                    [field_id] => 3114
                    [type] => select
                    [name] => LEASE_2
                    [value] => Y
                )

[field_3115] => Array
                (
                    [field_id] => 3115
                    [type] => select
                    [name] => LEASE_3
                    [value] => Y
                )

[field_3116] => Array
                (
                    [field_id] => 3116
                    [type] => select
                    [name] => LEVELS
                    [value] => 13
                )

[field_3118] => Array
                (
                    [field_id] => 3118
                    [type] => price
                    [name] => NOI
                    [raw] => 11487
                    [unit_id] => 260
                    [value] => $11,487
                    [price_only] => $11,487
                )

[field_3119] => Array
                (
                    [field_id] => 3119
                    [type] => number
                    [name] => RENT1
                    [value] => 1200
                )

[field_3120] => Array
                (
                    [field_id] => 3120
                    [type] => number
                    [name] => NO_UNITS
                    [value] => 9
                )

[field_3121] => Array
                (
                    [field_id] => 3121
                    [type] => number
                    [name] => RENT2
                    [value] => 1200
                )

[field_3122] => Array
                (
                    [field_id] => 3122
                    [type] => number
                    [name] => RENT3
                    [value] => 1000
                )

[field_3123] => Array
                (
                    [field_id] => 3123
                    [type] => number
                    [name] => RENT4
                    [value] => 900
                )

[f_3125] => Array
                (
                    [field_id] => 3125
                    [type] => feature
                    [name] => ROAD_TYPE
                    [values] => Array
                        (
                            [0] => Public
                        )

)

[field_3126] => Array
                (
                    [field_id] => 3126
                    [type] => number
                    [name] => TOTAL_RENT
                    [value] => 8200
                )

[field_3134] => Array
                (
                    [field_id] => 3134
                    [type] => select
                    [name] => SQUARE_FEET_INCL_BASE
                    [value] => No
                )

[field_3136] => Array
                (
                    [field_id] => 3136
                    [type] => select
                    [name] => LEASE_4
                    [value] => Y
                )

[field_3164] => Array
                (
                    [field_id] => 3164
                    [type] => boolean
                    [name] => AvailableNow
                    [value] => No
                )

[field_3168] => Array
                (
                    [field_id] => 3168
                    [type] => price
                    [name] => SEC_DEPOSIT
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3171] => Array
                (
                    [field_id] => 3171
                    [type] => text
                    [name] => Office Phone
                    [value] => 413-282-8080
                )

[field_3172] => Array
                (
                    [field_id] => 3172
                    [type] => text
                    [name] => Agent Phone
                    [value] => 413-885-0093
                )

[field_3178] => Array
                (
                    [field_id] => 3178
                    [type] => boolean
                    [name] => AdditionalParcelsYN
                    [value] => No
                )

[field_3182] => Array
                (
                    [field_id] => 3182
                    [type] => select
                    [name] => BuildingAreaSource
                    [value] => Public Records
                )

[field_3183] => Array
                (
                    [field_id] => 3183
                    [type] => number
                    [name] => BuildingAreaTotal
                    [value] => 0
                )

[field_3184] => Array
                (
                    [field_id] => 3184
                    [type] => select
                    [name] => BuildingAreaUnits
                    [value] => Square Feet
                )

[field_3189] => Array
                (
                    [field_id] => 3189
                    [type] => price
                    [name] => ConcessionsAmount
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[f_3190] => Array
                (
                    [field_id] => 3190
                    [type] => feature
                    [name] => ConstructionMaterials
                    [values] => Array
                        (
                            [0] => Brick
                        )

)

[field_3192] => Array
                (
                    [field_id] => 3192
                    [type] => number
                    [name] => ParkingTotal
                    [value] => 6
                )

[field_3193] => Array
                (
                    [field_id] => 3193
                    [type] => number
                    [name] => CoveredSpaces
                    [value] => 0
                )

[field_3200] => Array
                (
                    [field_id] => 3200
                    [type] => price
                    [name] => ElectricExpense
                    [raw] => 360
                    [unit_id] => 260
                    [value] => $360
                    [price_only] => $360
                )

[field_3205] => Array
                (
                    [field_id] => 3205
                    [type] => date
                    [name] => ExpirationDate
                    [value] => 01/01/1900
                )

[field_3206] => Array
                (
                    [field_id] => 3206
                    [type] => select
                    [name] => FarmLandAreaUnits
                    [value] => Square Feet
                )

[field_3209] => Array
                (
                    [field_id] => 3209
                    [type] => text
                    [name] => FoundationDetails
                    [value] => Brick/Mortar
                )

[field_3211] => Array
                (
                    [field_id] => 3211
                    [type] => number
                    [name] => GarageSpaces
                    [value] => 0
                )

[field_3216] => Array
                (
                    [field_id] => 3216
                    [type] => price
                    [name] => GrossIncome
                    [raw] => 98400
                    [unit_id] => 260
                    [value] => $98,400
                    [price_only] => $98,400
                )

[field_3219] => Array
                (
                    [field_id] => 3219
                    [type] => select
                    [name] => HorseYN
                    [value] => 1
                )

[field_3220] => Array
                (
                    [field_id] => 3220
                    [type] => price
                    [name] => InsuranceExpense
                    [raw] => 6800
                    [unit_id] => 260
                    [value] => $6,800
                    [price_only] => $6,800
                )

[field_3222] => Array
                (
                    [field_id] => 3222
                    [type] => text
                    [name] => ListingAgreement
                    [value] => Exclusive Right To Sell
                )

[field_3223] => Array
                (
                    [field_id] => 3223
                    [type] => date
                    [name] => ListingContractDate
                    [value] => 19/03/2025
                )

[field_3226] => Array
                (
                    [field_id] => 3226
                    [type] => area
                    [name] => LotSizeSquareFeet
                    [value] => 6,172 Sqft
                    [raw] => 6172
                    [unit_id] => 1
                )

[field_3230] => Array
                (
                    [field_id] => 3230
                    [type] => price
                    [name] => OperatingExpense
                    [raw] => 41404
                    [unit_id] => 260
                    [value] => $41,404
                    [price_only] => $41,404
                )

[field_3231] => Array
                (
                    [field_id] => 3231
                    [type] => price
                    [name] => OriginalListPrice
                    [raw] => 800000
                    [unit_id] => 260
                    [value] => $800,000
                    [price_only] => $800,000
                )

[field_3240] => Array
                (
                    [field_id] => 3240
                    [type] => text
                    [name] => UnparsedAddress
                    [value] => 570-582 Main St, Springfield MA 01119
                )

[field_3241] => Array
                (
                    [field_id] => 3241
                    [type] => price
                    [name] => WaterSewerExpense
                    [raw] => 3600
                    [unit_id] => 260
                    [value] => $3,600
                    [price_only] => $3,600
                )

[field_3243] => Array
                (
                    [field_id] => 3243
                    [type] => text
                    [name] => YearBuiltDetails
                    [value] => Actual
                )

[field_3245] => Array
                (
                    [field_id] => 3245
                    [type] => text
                    [name] => YearBuiltSource
                    [value] => Public Records
                )

[field_3248] => Array
                (
                    [field_id] => 3248
                    [type] => datetime
                    [name] => OriginalEntryTimestamp
                    [value] => 19/03/2025 23:50:00
                )

[field_3253] => Array
                (
                    [field_id] => 3253
                    [type] => number
                    [name] => MLSPIN_BEDRMS_1
                    [value] => 3
                )

[field_3254] => Array
                (
                    [field_id] => 3254
                    [type] => number
                    [name] => MLSPIN_BEDRMS_2
                    [value] => 2
                )

[field_3255] => Array
                (
                    [field_id] => 3255
                    [type] => number
                    [name] => MLSPIN_BEDRMS_3
                    [value] => 1
                )

[field_3256] => Array
                (
                    [field_id] => 3256
                    [type] => number
                    [name] => MLSPIN_BEDRMS_4
                    [value] => 1
                )

[field_3260] => Array
                (
                    [field_id] => 3260
                    [type] => text
                    [name] => MLSPIN_DISCLOSURE
                    [value] => Y
                )

[field_3261] => Array
                (
                    [field_id] => 3261
                    [type] => number
                    [name] => MLSPIN_F_BTHS_1
                    [value] => 2
                )

[field_3262] => Array
                (
                    [field_id] => 3262
                    [type] => number
                    [name] => MLSPIN_F_BTHS_2
                    [value] => 1
                )

[field_3263] => Array
                (
                    [field_id] => 3263
                    [type] => number
                    [name] => MLSPIN_F_BTHS_3
                    [value] => 1
                )

[field_3264] => Array
                (
                    [field_id] => 3264
                    [type] => number
                    [name] => MLSPIN_F_BTHS_4
                    [value] => 1
                )

[field_3265] => Array
                (
                    [field_id] => 3265
                    [type] => price
                    [name] => MLSPIN_GRE
                    [raw] => 41404
                    [unit_id] => 260
                    [value] => $41,404
                    [price_only] => $41,404
                )

[field_3266] => Array
                (
                    [field_id] => 3266
                    [type] => price
                    [name] => MLSPIN_HTE
                    [raw] => 10800
                    [unit_id] => 260
                    [value] => $10,800
                    [price_only] => $10,800
                )

[field_3267] => Array
                (
                    [field_id] => 3267
                    [type] => number
                    [name] => MLSPIN_H_BTHS_1
                    [value] => 0
                )

[field_3268] => Array
                (
                    [field_id] => 3268
                    [type] => number
                    [name] => MLSPIN_H_BTHS_2
                    [value] => 1
                )

[field_3269] => Array
                (
                    [field_id] => 3269
                    [type] => number
                    [name] => MLSPIN_H_BTHS_3
                    [value] => 0
                )

[field_3270] => Array
                (
                    [field_id] => 3270
                    [type] => number
                    [name] => MLSPIN_H_BTHS_4
                    [value] => 0
                )

[field_3273] => Array
                (
                    [field_id] => 3273
                    [type] => number
                    [name] => MLSPIN_LEVELS_1
                    [value] => 1
                )

[field_3274] => Array
                (
                    [field_id] => 3274
                    [type] => number
                    [name] => MLSPIN_LEVELS_2
                    [value] => 1
                )

[field_3275] => Array
                (
                    [field_id] => 3275
                    [type] => number
                    [name] => MLSPIN_LEVELS_3
                    [value] => 1
                )

[field_3276] => Array
                (
                    [field_id] => 3276
                    [type] => number
                    [name] => MLSPIN_LEVELS_4
                    [value] => 1
                )

[field_3277] => Array
                (
                    [field_id] => 3277
                    [type] => text
                    [name] => MLSPIN_MAIN_LO
                    [value] => AN5521
                )

[field_3280] => Array
                (
                    [field_id] => 3280
                    [type] => number
                    [name] => MLSPIN_MARKET_TIME_PROPERTY
                    [value] => 4
                )

[field_3281] => Array
                (
                    [field_id] => 3281
                    [type] => price
                    [name] => MLSPIN_MGF
                    [raw] => 3600
                    [unit_id] => 260
                    [value] => $3,600
                    [price_only] => $3,600
                )

[field_3282] => Array
                (
                    [field_id] => 3282
                    [type] => price
                    [name] => MLSPIN_MSE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3285] => Array
                (
                    [field_id] => 3285
                    [type] => price
                    [name] => MLSPIN_OPTIONAL_FEE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3290] => Array
                (
                    [field_id] => 3290
                    [type] => price
                    [name] => MLSPIN_PRICE_PER_SQFT
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3292] => Array
                (
                    [field_id] => 3292
                    [type] => price
                    [name] => MLSPIN_RFS
                    [raw] => 2160
                    [unit_id] => 260
                    [value] => $2,160
                    [price_only] => $2,160
                )

[field_3293] => Array
                (
                    [field_id] => 3293
                    [type] => price
                    [name] => MLSPIN_RME
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3296] => Array
                (
                    [field_id] => 3296
                    [type] => select
                    [name] => OpenParkingYN
                    [value] => 1
                )

[field_3301] => Array
                (
                    [field_id] => 3301
                    [type] => select
                    [name] => RoomMasterBathroomFeatures
                    [value] => Yes
                )

[field_3306] => Array
                (
                    [field_id] => 3306
                    [type] => price
                    [name] => GrossScheduledIncome
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3307] => Array
                (
                    [field_id] => 3307
                    [type] => number
                    [name] => MLSPIN_FLRS_1
                    [value] => 2
                )

[field_3308] => Array
                (
                    [field_id] => 3308
                    [type] => number
                    [name] => MLSPIN_FLRS_2
                    [value] => 2
                )

[field_3309] => Array
                (
                    [field_id] => 3309
                    [type] => number
                    [name] => MLSPIN_FLRS_3
                    [value] => 3
                )

[field_3310] => Array
                (
                    [field_id] => 3310
                    [type] => number
                    [name] => MLSPIN_FLRS_4
                    [value] => 3
                )

[field_3311] => Array
                (
                    [field_id] => 3311
                    [type] => number
                    [name] => BRE_Total_Parking
                    [value] => 6
                )

[f_3313] => Array
                (
                    [field_id] => 3313
                    [type] => feature
                    [name] => WindowFeatures
                    [values] => Array
                        (
                            [0] => Insulated Windows
                        )

)

[field_3320] => Array
                (
                    [field_id] => 3320
                    [type] => boolean
                    [name] => Waterfront
                    [value] => No
                )

[field_3323] => Array
                (
                    [field_id] => 3323
                    [type] => text
                    [name] => Levels In Unit
                    [value] => 13
                )

)

[unit_level] => 
    [levels_in_unit] => 2025-03-19
    [construction_status] => 
    [laundry_features] => Array
        (
        )

[outdoor_space_available] => Array
        (
        )

[building_name] => 
    [pet_policy] => Array
        (
        )

[building_management] => Array
        (
        )

[number_of_units] => 9
    [units_owner_occupied] => 0
    [parking_features] => Array
        (
        )

[building_amenities] => Array
        (
        )

[owner_occupancy_source] => 
    [documents_available] => Array
        (
        )

[optional_price] => 0
    [optional_fee_includes] => Array
        (
        )

[structure_type] => Array
        (
        )

[complex_complete] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [date_available_note] => 
    [first_month_required] => Array
        (
        )

[last_month_required] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deposit_amount] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[lease_term] => Array
        (
        )

[interior_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[property_sub_type] => Array
        (
            [0] => 5-9 Family
        )

[number_of_lots] => Array
        (
        )

[gas] => Array
        (
        )

[cultivation_acres] => None
    [pasture_area] => None
    [timber_acres] => None
    [perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [association_required] => Array
        (
        )

[view] => Array
        (
        )

[deqe] => 
    [real_estate_tax] => $13,100
    [total_gross_income] => 51600
    [total_gross_expense] => 40420
    [net_income_calc] => 11180
    [cap_rate] => 1.40%
    [apod_available] => Array
        (
            [0] => Yes
        )

[heating_expense] => Array
        (
            [0] => $10,800
        )

[electric_expense] => Array
        (
            [0] => $360
        )

[water_expense] => Array
        (
            [0] => $3,600
        )

[gas_expense] => Array
        (
            [0] => $3,600
        )

[insurance_expense] => Array
        (
            [0] => $6,800
        )

[sewer_expense] => Array
        (
            [0] => $3,600
        )

[trash_expense] => Array
        (
            [0] => $2,160
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[management_expense] => Array
        (
            [0] => $3,600
        )

[miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[unit_1_rent] => Array
        (
            [0] => 1200
        )

[unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_bedrooms] => 3
    [unit_1_bathrooms] => 2 Full
    [unit_1_floor] => 2
    [unit_1_levels] => 1
    [unit_2_rent] => Array
        (
            [0] => 1200
        )

[unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_bedrooms] => 2
    [unit_2_bathrooms] => 1 Full, 1 Half
    [unit_2_floor] => 2
    [unit_2_levels] => 1
    [unit_3_rent] => Array
        (
            [0] => 1000
        )

[unit_3_lease] => Array
        (
            [0] => Y
        )

[unit_3_bedrooms] => 1
    [unit_3_bathrooms] => 1 Full
    [unit_3_floor] => 3
    [unit_3_levels] => 1
    [unit_4_rent] => Array
        (
            [0] => 900
        )

[unit_4_lease] => Array
        (
            [0] => Y
        )

[unit_4_bedrooms] => 1
    [unit_4_bathrooms] => 1 Full
    [unit_4_floor] => 3
    [unit_4_levels] => 1
    [hot_water] => Array
        (
        )

[basement] => Array
        (
        )

[foundation_materials] => Array
        (
            [0] => Brick/Mortar
        )

[patio_and_porch] => Array
        (
        )

[zoning_details] => 
    [terms] => Array
        (
        )

[financial_data_source] => Array
        (
        )

[operating_expense] => Array
        (
            [0] => $41,404
        )

[gross_income] => Array
        (
            [0] => $98,400
        )

[net_operating_income] => Array
        (
            [0] => $11,487
        )

[short_sale] => 
    [price_per_unit] => 88888.888888889
)

EXIT

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Active

570-582 Main St, Springfield MA 01119

$800,000

Annual Expenses for 570-582 Main St, Springfield MA 01119

Annual Income & Unit Breakdown for 570-582 Main St, Springfield MA 01119

General Information for 570-582 Main St, Springfield MA 01119

Interior Features for 570-582 Main St, Springfield MA 01119

Disclosures for 570-582 Main St, Springfield MA 01119

Location Information for 570-582 Main St, Springfield MA 01119

Contact Information for 570-582 Main St, Springfield MA 01119

Agent

Office

Payment Calculator

Exclusive Listing Agent

Lock and Key Realty Inc.

Fallah Razzak