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Sold for $364,900
  • $364,900

    531 Berkshire Ave, Springfield, MA 01109

    4beds
    2,229sqft
    2 Family - 2 Units Up/Down
    Built in 1897
    -- sqft lot
    $372,100 Zestimate®
    $164/sqft
    $2,087 Estimated rent

    Home value

    $372,100

    $339,000 - $409,000

    $2,087/mo

    Zestimate® history
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    $2,087/mo

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    $2,087/mo

    Rent Zestimate®

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    $2,345/mo

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    $2,345/mo

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    What's special

    Three bedroomsCharming one-bedroomSpacious second-floor unitOne bathroom
    Don't miss out on this thoughtfully updated two-family home, perfect for owner-occupants looking for both comfort and income potential. This move-in-ready property offers the ideal setup to live in one unit while renting out the other. The spacious second-floor unit features three bedrooms and one bathroom, offering plenty of room for everyday living, while the first-floor unit includes a charming one-bedroom, one-bathroom layout that's easy to rent. Fully renovated in 2017, the home boasts modern plumbing and electrical systems, blending historic charm with today’s conveniences. The third floor presents an exciting opportunity for expansion, with potential to add two more bedrooms, a home office, or flex space to meet your unique needs. Additional rentable storage areas provide even more income possibilities or practical space for your own use. Currently bringing in approximately $2,825 per month in gross rents, this property is a smart investment!!

    Zillow last checked:

    Listing updated:

    Listed by:

    The Gerber Group 413-636-6087,

    Naples Realty Group 413-650-1314

    Bought with:

    Myrna Jean-Charles

    Open Circle Realty Group LLC

    Source: MLS PIN,MLS#: 73409456

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Features
    • Flooring: Hardwood
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,229
    • Total interior livable area: 2,229 sqft
    • Finished area above ground: 2,229

    Property

    Parking
    • Total spaces: 3
    • Parking features: Paved Drive
    • Uncovered spaces: 3
    Features
    • Patio & porch: Porch
    Lot
    • Size: 6,125 sqft
    • Features: Level
    Details
    • Parcel number: S:01340 P:0454,2573888
    • Zoning: R1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 Family - 2 Units Up/Down
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • Year built: 1897

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Electric Range

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Walk/Jog Trails
    Location
    • Region: Springfield

    HOA & financial

    Other financial information
    • Total actual rent: 2825

    Price history

    DateEventPrice
    10/1/2025Sold$364,900$164/sqft
    Source: MLS PIN #73409456 Report a problem
    8/15/2025Price change$364,900-1.4%$164/sqft
    Source: MLS PIN #73409456 Report a problem
    7/25/2025Listed for sale$369,900+639.8%$166/sqft
    Source: MLS PIN #73409456 Report a problem
    6/24/2016Sold$50,000+0.2%$22/sqft
    Source: Public Record Report a problem
    5/11/2016Pending sale$49,900$22/sqft
    Source: Gallagher Real Estate #71913993 Report a problem
    4/28/2016Listed for sale$49,900$22/sqft
    Source: Gallagher Real Estate #71913993 Report a problem
    4/28/2016Pending sale$49,900$22/sqft
    Source: Gallagher Real Estate #71913993 Report a problem
    3/18/2016Price change$49,900-15.4%$22/sqft
    Source: Gallagher Real Estate #71913993 Report a problem
    2/9/2016Price change$59,000-9.1%$26/sqft
    Source: Gallagher Real Estate #71913993 Report a problem
    1/8/2016Price change$64,900-7.2%$29/sqft
    Source: Gallagher Real Estate #71913993 Report a problem
    12/4/2015Price change$69,900-6.7%$31/sqft
    Source: Homepath #71913993 Report a problem
    10/27/2015Price change$74,900-5.8%$34/sqft
    Source: Homepath #71913993 Report a problem
    9/26/2015Listed for sale$79,500-36.2%$36/sqft
    Source: Homepath #71913993 Report a problem
    9/14/2015Sold$124,633+183.9%$56/sqft
    Source: Public Record Report a problem
    7/27/1995Sold$43,900$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,040 +8.7%$193,900 +11.4%
    2024$2,796 +2.4%$174,100 +8.7%
    2023$2,730 -7.6%$160,100 +2%
    2022$2,953 +5.9%$156,900 +6.4%
    2021$2,788 -0.5%$147,500 +10.9%
    2020$2,801 +9.4%$133,000 +2.2%
    2019$2,560 +1.8%$130,100 +1.8%
    2018$2,515 -4.4%$127,800 -4.6%
    2017$2,632 +14.4%$133,900 +14.4%
    2016$2,300 +11.9%$117,000 +12%
    2015$2,056 +12.3%$104,500 +12.5%
    2014$1,831 -9.5%$92,900 -9.5%
    2013$2,024 +0.4%$102,700 +1.1%
    2012$2,015 -9.4%$101,600 -11%
    2011$2,224 -3.5%$114,100 -3.5%
    2010$2,305 -3.6%$118,200 -11.5%
    2009$2,390 +8.7%$133,600 -2.6%
    2008$2,199 -9%$137,200 -9%
    2007$2,417 +21.5%$150,700 +28.8%
    2006$1,989 +18.2%$117,000 +21.7%
    2005$1,683 +9.3%$96,100 +18.5%
    2004$1,540 +3.7%$81,100 +6%
    2003$1,485 -6.1%$76,500 -3.9%
    2002$1,582 $79,600

    Find assessor info on the county website

    Neighborhood: Pine Point

    Nearby schools

    GreatSchools rating
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    $379,542