Back 531 Berkshire Avenue
Off Market

531 Berkshire Avenue

Springfield MA 01109

4
2
3
2229 sq. ft.
6125 sq. ft.
Other
Last sold for $364,900
Gerber GroupGerber Group, last sold this property on 01 October 2025 after 67 days on market.

Overview

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!!

Features

4 bedrooms
2 bathrooms
3 carspaces
2229 sq. ft. floor area
6125 sq. ft. lot size
Other

Estimated Value

Based on this property and similar 4 bedroom other properties sold in Springfield over the last 12 months, the estimated median property value of 531 Berkshire Avenue is $355k.

Median value
$355k
Estimated value range
$222k - $370k
Median days on market
35
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Springfield. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 531 Berkshire Avenue

2025
Sold
$364,900
01 Oct 2025 by Gerber Group, of Naples Realty Group
2016
Sold
$50,000
24 Jun 2016 by Oleg Kulyak, of Gallagher Real Estate

Happy sellers in Springfield

<50%
Less than 50% of sellers in Springfield reported that their sale price either exceeded or met their price expectations.

Springfield stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Springfield over the last 12 months.

Local market activity for 4 bedroom other properties in Springfield

In the last 12 months, 8 four-bedroom other properties similar to 531 Berkshire Avenue, have been sold.

This represents a 125% decrease in four-bedroom other properties sales when compared to the previous 12 months.

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