INVESTORS TAKE NOTE! First time available after serving multiple generations of the same family, this well-positioned 4-family property, with additional bonus space (once used as a storefront) offers excellent potential for investors, or those looking to add value through updates and improvements. Two units are currently vacant, while two are occupied by month-to-month tenants, providing an opportunity for immediate rental income while allowing a new owner to renovate and reposition the vacant units to maximize future rental potential. Each apartment features an eat-in kitchen, living room, two bedrooms (some with tandem-style layouts), and a full bath. Separate laundry hookups and storage are available for each unit in the basement, with one unit also offering stackable laundry hookups within the apartment. Situated on a spacious corner lot, the property offers ample off-street parking, including a 4-car garage, as well as shared yard space. The upper-level units also enjoy private outdoor deck/balcony areas, and one of the first floor units has ramp accessibility. Recent improvements include four newer gas heating systems and four newer gas water heaters, along with vinyl replacement windows and roof believed to be approximately 25 years old. Conveniently located in Indian Orchard with easy access to public amenities and close proximity to the Wilbraham and Ludlow town lines. This is an excellent opportunity to acquire a multi-family property with multiple income-producing possibilities and significant potential for future value. Property to be sold in as-is condition with tenants in place.
Multi-familyProperty Type
1913Year Built
10,350 sq ftLot Size
$94Price/Sq.Ft.
4 garage spacesParking
Listed by Angela Accorsi• Coldwell Banker Realty - Western MA
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.
Provided by Walk Score and Local Logic
Offer insights
71-77 Acton St · $449,000
$478K and above
75% chance or better to win
Why $478K+ is a strong offer
DAYS ON MARKET
7 days
The average home goes pending in 25 days.
SALE-TO-LIST
101.8%
Most homes are selling 2% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Living room
Kitchen
Insulated windows
20 total rooms
Bathrooms
4 full bathrooms
Kitchen
Gas range hookup
Laundry & utility
Washer hookup
Electric dryer hookup
Flooring
Wood
Vinyl
Carpet
Heating & cooling
4 heating units
No central cooling units listed
Exterior features
Porch
Corner, level lot
Paved road frontage on a public maintained road
Public transportation, shopping, parks, laundromat, houses of worship nearby
Home design
4-family property
4 stories
Green exterior color
Parking
4 garage spaces (covered)
10 open parking spaces
Total 14 parking spaces
Paved driveway and off-street paved parking
Construction
Frame construction
Block foundation
Shingle roof
Built (year per public records)
Utilities
Public water
Public sewer
Electric with circuit breakers
Electricity and solar
View estimated energy costs and solar savings for this home