CCertihomes
1675 Main Street, Springfield, MA 01103

$400,000

0 beds 4 baths 7,638 sqft Built 19172308 days on marketActive

About this home

Impressive and solid "original bank" masonry building in highly visible and easily accessible prime downtown location near train station and all city services. Currently has two first level storefronts leased to restaurants. Second level is all open with high ceilings and great expansion potential for professional offices, retail, entertainment and many other uses. Easily dividable, separate utilities and opportune for development.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$4,928/mo

Real estate (PITI + HOA + PMI)
$4,459
Principal + interest$2,579
Property tax + insurance$1,730
PMI / 2nd mortgage$150
Utilities
$742
Heating + cooling$209
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$144
Car insurance + maintenance$144
Other (entertainment)
$158
$4,928/mo TLC
Budget$5,428/mo
Remaining after TLC$500/mo
Purchase price
$400,000
Down payment
$20,000 (5%)
Loan amount
$380,000
APR
7.2%

Quick facts

Type
COM
Style
Year built
1917
Lot size
0.1 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$12,608
MLS #
71935935
County
Hampden

Home features

Roof
Tar/Gravel

Neighborhood — 01103

MetricThis ZIPCountyUSA
Population4,6146,444,931299,088,112
Population Change Since19908.00%7.00%20.00%
Population Density14,217786
Male2,1993,127,134147,432,321
Female2,4143,317,797151,655,844
Never Married1,8291,612,88563,775,926
Married7152,586,314123,120,365
Separated395247,85712,639,686
Widowed281363,59415,467,586
Divorced587436,88823,075,029
Number Of House Hold2,4152,431,591111,826,380
Average House Hold Size1.822.562.60
Medial Age31.1537.2535.46
Median House Hold Income$18,014$57,698$48,276
Average House Hold Income$25,648$75,023$63,629
P C I$14,859$29,196$24,529
M D I$17,111$48,105$41,133
A T H E$29,307$57,083$50,898
S T R5.00%5.00%
W C J87.96%81.38%77.74%
(Zip) Code
1103

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 11/24/2015. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.

1675 Main Street · Springfield — $400,000 · Certihomes