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.
Sold for $230,000
$230,000
43 Colonial Ave, Springfield, MA 01109
7beds
2,514sqft
Multi Family
Built in 1904
-- sqft lot
$370,000 Zestimate®
$91/sqft
$2,043 Estimated rent
Home value
$370,000
$318,000 - $418,000
$2,043/mo
Zestimate® history
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$1,568/mo
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Additional bonus roomsSpacious layouts
Zillow last checked:
Listing updated:
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 Square Feet
- 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 & HOA
Community
- Features: Public Transportation, Shopping, Laundromat, Public School, T-Station, University
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $91/sqft
- Tax assessed value: $184,200
- Annual tax amount: $2,888
- Date on market: 1/4/2026
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 1/5/2026 | Sold | $230,000+4.5%$91/sqft |
Source: MLS PIN #73451355 Report a problem | ||
| 12/5/2025 | Pending sale | $220,000$88/sqft |
Source:  NextHome #73451355 Report a problem | ||
| 11/14/2025 | Contingent | $220,000$88/sqft |
Source: MLS PIN #73451355 Report a problem | ||
| 11/5/2025 | Listed for sale | $220,000+102.7%$88/sqft |
Source: MLS PIN #73451355 Report a problem | ||
| 1/14/2011 | Sold | $108,538+210.1%$43/sqft |
Source: Public Record Report a problem | ||
| 3/25/2010 | Sold | $35,000-21.4%$14/sqft |
Source: Public Record Report a problem | ||
| 2/11/2010 | Listed for sale | $44,550-42.7%$18/sqft |
Source: Patrick S. Nolan #71030796 Report a problem | ||
| 12/31/2008 | Sold | $77,700-16.5%$31/sqft |
Source: Public Record Report a problem | ||
| 7/1/2003 | Sold | $93,000+177.6%$37/sqft |
Source: Public Record Report a problem | ||
| 12/12/2001 | Sold | $33,500-23.9%$13/sqft |
Source: Public Record Report a problem | ||
| 6/25/2001 | Sold | $44,000-38.9%$18/sqft |
Source: Public Record Report a problem | ||
| 3/11/1998 | Sold | $72,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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% |
| 2022 | $3,060 +7.2% | $162,600 +7.7% |
| 2021 | $2,854 -0.5% | $151,000 +5.8% |
| 2020 | $2,868 +19.6% | $142,700 +17.1% |
| 2019 | $2,399 +6% | $121,900 +6% |
| 2018 | $2,263 +6% | $115,000 +5.9% |
| 2017 | $2,135 +14.7% | $108,600 +14.7% |
| 2016 | $1,862 +0.2% | $94,700 +0.2% |
| 2015 | $1,859 +0.9% | $94,500 +1.1% |
| 2014 | $1,843 +3.4% | $93,500 +3.4% |
| 2013 | $1,782 -11% | $90,400 -10.5% |
| 2012 | $2,003 | $101,000 |
| 2011 | -- | $101,000 -2.9% |
| 2010 | $2,028 +3.5% | $104,000 -5% |
| 2009 | $1,959 -5.6% | $109,500 -15.4% |
| 2008 | $2,076 +7.1% | $129,500 +7.2% |
| 2007 | $1,938 +21.5% | $120,800 +28.8% |
| 2006 | $1,595 +11.1% | $93,800 +14.4% |
| 2005 | $1,436 +0.1% | $82,000 +8.6% |
| 2004 | $1,434 +4.8% | $75,500 +7.1% |
| 2003 | $1,368 +13% | $70,500 +15.8% |
| 2002 | $1,211 | $60,900 |
Find assessor info on the county website
Neighborhood: Upper Hill
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Nearby schools
GreatSchools rating
- 3/10Benjamin Swan Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 3/10STEM Middle AcademyGrades: 6-8Distance: 0.4 mi
- 1/10High School of Science and Technology (Sci-Tech)Grades: 9-12Distance: 0.3 mi
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- Massachusetts
- Hampden County
- Springfield
- 01109
- Upper Hill
- 43 Colonial Ave
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