Welcome to 79 Oak Street in Springfield! This charming two-family home offers a great opportunity for both owner-occupants and investors alike. Featuring spacious living areas, beautiful hardwood floors, and generously sized rooms, both units offer comfortable living space and plenty of character. The kitchens provide ample cabinet space, while the bathrooms feature tiled finishes. Outside, enjoy a fenced yard and a detached garage offering additional convenience. Ideally situated near local amenities, shopping, dining, and major routes, this property offers versatility and income potential. Whether you're looking to expand your investment portfolio or owner-occupy, don't miss this opportunity!
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
79 Oak St · $500,000
$522K and above
75% chance or better to win
Why $522K+ is a strong offer
DAYS ON MARKET
1 days
The average home goes pending in 26 days.
SALE-TO-LIST
100.8%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
11 total rooms
Bathrooms
3 full bathrooms
Flooring
Wood flooring
Vinyl flooring
Heating & cooling
No cooling units reported
Exterior features
Porch
Corner lot
Public road frontage
Home design
Multi Family property
3 stories total
White exterior color
Parking
Garage (2 spaces)
2 covered parking spaces
4 open parking spaces
Total 6 parking spaces
Paved drive
Off-street parking
Construction
Block foundation
Frame construction (conventional 2x4–2x6)
Shingle roof
Built year reported from public records
Utilities
Public water
Public sewer
220 volts electric
Solar power system installed 2018 (production details reported)
HOA & community
Not a senior community
Electricity and solar
View estimated energy costs and solar savings for this home
Attention Owner Occupants and Investors! Look no further than this incredible 2-family property. Fully vacant and ready for you to take ownership, this property boasts a two-car garage, ample off-street parking, and three heating zones. The 1st floor features two cozy bedrooms, a full bathroom, a kitchen with brand-new appliances, and a laundry room. The 2nd floor provides even more space with four bedrooms, two bathrooms, another kitchen with new appliances, and a laundry room. The partially finished basement has a full bathroom, and there is even enough space to create and add another bedroom to the 1st-floor unit. But wait, there's more! The roof is equipped with solar panels connected to the 2nd floor's unit, which means you'll never pay more than $139 a month for electricity with the easily transferable lease agreement. Don't miss out on this amazing opportunity - seize it today!
MLS PIN #73120738
Aug 16, 2023
Sold
$165,000
$59/sq ft
Jun 6, 2023
Listed
$150,000
$53/sq ft
Investors take note! This Springfield multi-family would be a perfect addition to your portfolio! The first unit features an attractive eat-in kitchen complete with new tile and laminate countertops, a bright living area, and a pair of ample beds to go along with a newly tiled bath. Unit two is similarly attractive with beautiful wood flooring in a spacious living area, stainless steel appliances in a generous kitchen, two more attractive baths, and a trio of beds! This home also gets the small details right with new vinyl siding, a partially-finished basement, and solar panels to save on utilities! Whether you’re looking for a new source of cash flow, or an owner-occupied situation, this home is perfect for it! Jump on this opportunity while it’s here!
MLS PIN #71691976
Sep 24, 2014
Sold
$107,000
$38/sq ft
Jun 3, 2014
Listed
$134,500
$48/sq ft
Public Records
Oct 28, 2009
Sold
$37,500
$13/sq ft
Public Records
Jan 13, 2009
Sold
$25,000
$9/sq ft
Smart MLS #N260204
Jun 19, 2007
Listing Removed
—
Mar 19, 2007
Listed
$94,500
$34/sq ft
Public Records
Feb 1, 2000
Sold
$77,000
$27/sq ft
Public Records
Jan 23, 1992
Sold
$60,000
$21/sq ft
Public Records
Oct 26, 1989
Sold
$107,000
$38/sq ft
Public Records
Sep 30, 1988
Sold
$109,900
$39/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$4,312 (+0.8%)
$21,200 + $231,700
$252,900
2022
$4,278 (+15.8%)
$19,300 + $208,000
$227,300
2021
$3,693 (+22.6%)
$17,600 + $177,800
$195,400
2020
$3,012 (−0.8%)
$17,600 + $136,600
$154,200
2019
$3,035
$17,600 + $136,600
$154,200
2018
$3,035 (+12.0%)
$17,600 + $136,600
$154,200
2017
$2,711 (+7.4%)
$14,100 + $123,800
$137,900
2016
$2,524 (+3.8%)
$14,100 + $114,300
$128,400
2015
$2,431 (+13.7%)
$14,100 + $109,500
$123,600
2014
$2,139 (+8.5%)
$16,500 + $92,000
$108,500
2013
$1,971 (−0.6%)
$16,500 + $83,500
$100,000
2012
$1,983 (−6.9%)
$16,500 + $83,500
$100,000
2011
$2,130
$15,400 + $93,900
$109,300
Public record
Public record
Zoning
Beds
5
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,696
Year built
1905
Style
Multi-Family (5+ Unit)
County
Hampden County
APN
2598326
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Feb 1, 2024.
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
Historical weather
Springfield, MA • 01151
Average low and high temperatures (°F)
33
18
36
18
52
31
62
41
70
51
83
60
86
66
83
59
77
55
66
43
52
34
38
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
Redfin Estimate for 79 Oak St
$499,777
$223 under list price of $500K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $380K to $608K.