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Off market
  • $373,700

    38-40 Rapalus St, Springfield, MA 01151

    6beds
    2,240sqft
    MultiFamily
    Built in 1925
    -- sqft lot
    $373,700 Zestimate®
    $167/sqft
    $1,908 Estimated rent

    Home value

    $373,700

    $348,000 - $396,000

    $1,908/mo

    Zestimate® history
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    $1,908/mo

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    Rent Zestimate®

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    $2,377/mo

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    $2,377/mo

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    What's special

    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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    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

    Price history

    DateEventPrice
    9/23/2019Sold$222,000-1.3%$99/sqft
    Source: Public Record
    8/1/2019Pending sale$225,000$100/sqft
    Source: NRG Real Estate Services, Inc. #72505685
    5/23/2019Listed for sale$225,000+31.6%$100/sqft
    Source: NRG Real Estate Services, Inc. #72505685
    4/15/2005Sold$171,000$76/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$4,707 -2.2%$300,200 +0.2%
    2024$4,813 +13.2%$299,700 +20.2%
    2023$4,251 +1.6%$249,300 +12.1%

    Find assessor info on the county website

    Neighborhood: Indian Orchard

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $373,700
    2% more+ $7,474
    With Zillow Showcase(estimated)
    $381,174