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Sold for $230,000
  • $230,000

    43 Colonial Ave, Springfield, MA 01109

    7beds
    2,514sqft
    Multi Family
    Built in 1904
    -- sqft lot
    $230,100 Zestimate®
    $91/sqft
    $1,951 Estimated rent

    Home value

    $230,100

    $216,000 - $246,000

    $1,951/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: January 05, 2026 at 01:27pm

    Listed by:

    Indra Harris 413-314-8883,

    NextHome Elite Realty 413-391-1969,

    Indra Harris 413-314-8883

    Bought with:

    Chad Lynch Jr.

    NextHome Elite Realty

    Source: MLS PIN,MLS#: 73451355

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,514
    • Total interior livable area: 2,514 sqft
    • Finished area above ground: 2,514

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage
    • Garage spaces: 2
    • Uncovered spaces: 4
    Lot
    • Size: 5,001 sqft
    • Features: Other
    Details
    • Parcel number: S:03040 P:0023,2579220
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Brick/Mortar
    Condition
    • Year built: 1904

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Laundromat, Public School, T-Station, University
    Location
    • Region: Springfield

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Price history

    DateEventPrice
    1/5/2026Sold$230,000+4.5%$91/sqft
    Source: MLS PIN #73451355 Report a problem
    12/5/2025Pending sale$220,000$88/sqft
    Source: NextHome #73451355 Report a problem
    11/14/2025Contingent$220,000$88/sqft
    Source: MLS PIN #73451355 Report a problem
    11/5/2025Listed for sale$220,000+102.7%$88/sqft
    Source: MLS PIN #73451355 Report a problem
    1/14/2011Sold$108,538+210.1%$43/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,888 +9.7%$184,200 +12.4%
    2024$2,632 +6.1%$163,900 +12.6%
    2023$2,481 -18.9%$145,500 -10.5%

    Find assessor info on the county website

    Neighborhood: Upper Hill

    Nearby schools

    GreatSchools rating
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