Don’t miss this fantastic two-family home—perfect for investors, flippers, or handy buyers looking for strong upside potential. Currently occupied but will be delivered fully vacant at closing, giving you a clean slate to renovate, flip, or buy-and-hold for long-term cash flow.Both units offer spacious layouts, and the property includes additional bonus rooms and a full bathroom on the third floor, providing even more flexibility for expansion or creative use. There are also extra finished rooms in the basement along with another full bath, ideal for storage, workspace, or future value-add opportunities.A 2 car garage is included, adding convenience and extra utility for tenants or owners.Located close to American International College (AIC), this property sits in a high-demand rental area. With just a few repairs, this becomes a prime flip or a strong cash-flowing addition to your portfolio.
This updated 2 family home has a brand new roof, new paint, new flooring, separate utilities, and is fully rented. 1st flr. apt. is $750 w/ a month to month lease. 2nd & 3rd floor apt. has a HAP tenant w/ a 1 yr. lease at $1250 a month. Tenants pay their own utilities. Detached 2-car garage. This property is in move in condition. Home is very close to A.I.C. $5,000 STIMULUS CLOSING COST ALLOWANCE TO BUYER AT TIME OF CLOSING. ALSO, A $2,000 BONUS TO BUYER'S BROKER IF UNDER CONTRACT BY 10/30/10.
MLS PIN #71030796
Mar 25, 2010
Sold
$35,000
$14/sq ft
Feb 9, 2010
Listed
$39,550
$16/sq ft
2-family with garage located near American International College. “Conventional, Cash, FHA, VA” on the MLS per bank’s request.
MLS PIN #30697409
Jul 1, 2003
Sold
$93,000
$37/sq ft
Mar 11, 2003
Listed
$100,000
$40/sq ft
MLS PIN #30519583
Dec 19, 2001
Sold
$39,900
$16/sq ft
Jun 29, 2001
Listed
$39,900
$16/sq ft
Public Records
Mar 11, 1998
Sold
$72,000
$29/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$2,481 (−18.9%)
$27,300 + $118,200
$145,500
2022
$3,060 (+7.2%)
$25,500 + $137,100
$162,600
2021
$2,854 (+2.4%)
$18,100 + $132,900
$151,000
2020
$2,787 (+16.2%)
$18,100 + $124,600
$142,700
2019
$2,399 (+6.0%)
$15,400 + $106,500
$121,900
2018
$2,263 (+6.0%)
$15,400 + $99,600
$115,000
2017
$2,135 (+14.7%)
$14,500 + $94,100
$108,600
2016
$1,862 (+0.2%)
$14,500 + $80,200
$94,700
2015
$1,859 (+0.9%)
$14,500 + $80,000
$94,500
2014
$1,843 (+3.4%)
$23,200 + $70,300
$93,500
2013
$1,782 (−11.0%)
$23,200 + $67,200
$90,400
2012
$2,003
$23,200 + $77,800
$101,000
2011
$28,000 + $73,000
$101,000
Tax history for 43 Colonial Ave
Year
Property tax
Land + Additions
Assessment*
2023
$2,481 (−18.9%)
$27,300 + $118,200
$145,500
2022
$3,060 (+7.2%)
$25,500 + $137,100
$162,600
2021
$2,854 (+2.4%)
$18,100 + $132,900
$151,000
2020
$2,787 (+16.2%)
$18,100 + $124,600
$142,700
2019
$2,399 (+6.0%)
$15,400 + $106,500
$121,900
2018
$2,263 (+6.0%)
$15,400 + $99,600
$115,000
2017
$2,135 (+14.7%)
$14,500 + $94,100
$108,600
2016
$1,862 (+0.2%)
$14,500 + $80,200
$94,700
2015
$1,859 (+0.9%)
$14,500 + $80,000
$94,500
2014
$1,843 (+3.4%)
$23,200 + $70,300
$93,500
2013
$1,782 (−11.0%)
$23,200 + $67,200
$90,400
2012
$2,003
$23,200 + $77,800
$101,000
2011
$28,000 + $73,000
$101,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
7
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Sq. Ft.
2,535
Year built
1904
Style
Multi-Family (2-4 Unit)
County
Hampden County
APN
2579220
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
RES B
Urban Residential District
Medium density residential, primarily single-family and twofamily
Permitted uses
Include but are not limited to:
Agriculture
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Other
Property details
Parking
Parking Information
Has Garage
# of Garage Spaces: 2
# of Covered Spaces: 2
Open Parking Spaces: 4
Parking Spaces: 6
Interior
Bathroom Information
# of Bathrooms (Full): 4
Basement Information
Basement: Full
Interior Features
# of Rooms (Total): 11
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: N
Exterior
Building Information
Building Area (Total): 2,514
Foundation Details: Brick/Mortar
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate,Unknown/Mixed
Property Information
PropertySubType: Multi Family
Above Grade Finished Area: 2514
Levels: 3
Lot Information
Lot Size (Acres): 0.11
Financial
Tax Information
Tax Annual Amount: $2,888
Tax Year: 2025
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers
Location
Location Information
Directions: Off state street
UnparsedAddress: 43 Colonial Ave, Springfield MA 01109
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Laundromat, Public School, T-Station, University
Public facts
Beds: 7
Baths: 3.0
Sq. Ft.: 2,535
Stories: 2.0
Lot Size: 4,792 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1904
Year Renovated: —
County: Hampden County
APN: 2579220
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Benjamin Swan Elementary School
Public PreK-5 • Assigned • 0.7mi
3/10
STEM Middle Academy
Public 6-8 • Assigned • 0.4mi
3/10
High School of Science and Technology (Sci-Tech)
Public 9-12 • Assigned • 0.3mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Springfield, MA • 01109
Average low and high temperatures (°F)
32
17
35
18
52
31
62
41
70
50
83
61
87
67
83
59
77
55
66
44
52
34
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$439,000 – $531,000
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