475 College Hwy Southwick — Photo 1 of 19
Recent Drop: $34,000
$375,000
Investment Analysis — 475 College Hwy
Southwick, MA 01077
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a home in 01077 carries an estimated $1,270/mo in gross rent — about a 2.46% cap rate and $9,234/yr in estimated NOI at the $375,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
1
SqFt
--
Style
Other
Built
1900
Historic Character Meets Modern Infrastructure: Unique Commercial Opportunity. This distinctive property blends historic charm with substantial modern upgrades, offering flexibility for professional, creative, or boutique business uses. Owner has made extensive improvements to preserve the building’s character while updating major systems throughout. Upgrades include a newer roof and copper porch roofing, full asbestos removal, added insulation, new sheetrock, selective exterior wood siding replacement, updated fir flooring, crown molding, and a newly added kitchenette. The bathroom has been fully relocated with all-new plumbing. New 200-amp electrical service, restored decks and stairs, a rehabilitated front entry door, and new air conditioning. Historic stained-glass windows are currently being restored.With updated mechanicals, flexible layout, and irreplaceable historic appeal, this property is well suited for office, studio, wellness, or specialty commercial use. Owner financing
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$375,000
Was $395,000
Jun 19, 2026
MLS® 73463002
$395,000
Was $409,000
Apr 9, 2026
MLS® 73463002
$409,000
Dec 18, 2025
MLS® 73463002
Listing Agent: Richard W. Santasiere
Listing Office: Santa Realty, LLC
MLS® Number: 73463002