Great location for this investment opportunity. This 2 family house is situated in Indian Orchard close to Wilbraham and Ludlow Town Lines. Many improvements have been made to this property making it a smart, low maintenance investment choice. The first floor unit features 5 rooms, 2 bedrooms and full bathroom. The second floor has a similar layout with 5 rooms, 2 bedrooms, full bathroom and pantry. Both units could potentially be used as 3 bedrooms, as public record states 6 bedrooms. Hardwood floors carry throughout each unit. Replacement windows, vinyl siding and porch columns and flooring were done in 2013 (APO). The 2nd floor gas boiler was replaced in 2016 and the 1st floor gas forced hot air furnace was replaced in 2012. There is plenty of off street parking and a 3 bay garage. This property is fully rented with positive cash flow.
Off market
$376,000
38-40 Rapalus St, Springfield, MA 01151
6beds
2,240sqft
MultiFamily
Built in 1925
-- sqft lot
$376,000 Zestimate®
$168/sqft
$2,133 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas
Appliances
- Included: Refrigerator
Features
- Flooring: Concrete, Hardwood, Linoleum / Vinyl
Interior area
- Total interior livable area: 2,240 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl
Lot
- Size: 5,662 sqft
Details
- Parcel number: SPRIS10085P0009
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1925
Community & neighborhood
Location
- Region: Springfield
Other
Other facts
- Amenities: Public Transportation, Shopping, Park, Highway Access
- App Dscrp 1: Range, Refrigerator
- App Dscrp 2: Range, Refrigerator
- Basement Feature: Full, Concrete Floor, Interior Access
- Construction: Frame
- Electric Feature: Circuit Breakers, Individually Metered
- Exterior: Vinyl
- Flooring: Wood, Vinyl
- Hea Dscrp 1: Gas
- Hea Dscrp 2: Gas
- Hot Water: Natural Gas
- Ife Dscrp 1: Cable Tv Available, Ceiling Fans, Hardwood Floors
- Ife Dscrp 2: Cable Tv Available, Ceiling Fans, Hardwood Floors
- Mf Type: 2 Family
- Rms Dscrp 1: Living Room, Kitchen
- Rms Dscrp 2: Living Room, Kitchen
- Road Type: Public
- Roof Material: Asphalt/Fiberglass Shingles
- Apod Available: Yes
- Exterior Features: Porch, Gutters, Porch - Enclosed
- Rnt Dscrp 1: Water
- Rnt Dscrp 2: Water
- Utility Connections: For Gas Range, For Electric Dryer, Washer Hookup, For Electric Oven
- Foundation: Concrete Block
- Lot Description: Gentle Slope
- Ife Common: Storage
- CONTINGENCY_TYPE: Pending P&S
Services availability

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$376,000
2% more+ $7,520
With Zillow Showcase(estimated)
$383,520