This has consistently been a good cash flow property. Tenants pay their own heat (gas) and electric. #314 Main St. is a newer four family built in 1997. Each unit has four rooms two bedrooms and one bath. Rented at $1,500.00 each. All 4 are rented. #312 Main St. is a two family constructed 1914. There is a letter of lead compliance for each unit. Each unit has 5 rooms 3 bedrooms and a large porch. Second floor rented at $1550.00. First floor is being kept vacant for showings. The first 9 photos are #314 Main St. Remaining photos #312 Main Street.Front portion of property zoned business. There is room for a duplex or other business to be built.
Indian Orchard, located between Chicopee and Wilbraham, is a historic and riverside Springfield neighborhood with mill-era brick blocks and a walkable main street. The neighborhood’s character concentrates around Main Street at Oak Street, where corner storefronts, bakeries, and longtime service shops line the sidewalks. Community pillars include the Indian Orchard Mills, the Indian Orchard Farmers Market, and the Indian Orchard Community Center. Red-brick factory buildings and compact triple-deckers shape the streetscape, with the Chicopee River defining the edge. Parks and river views set a steady outdoor rhythm, while small-scale retail keeps daily errands close. A strong sense of place comes through in the mill architecture and the working-town layout.