Active
64 Days on market
4 Wolfe St Springfield — Photo 1 of 24

4 Wolfe St Springfield — Photo 1 of 24

$314,900

4 Wolfe St, Springfield, MA 01020

Springfield, MA 01020

Investor Analysis

Beds

2

Baths

1

SqFt

884

Style

Single Family

Built

1946

Discover the potential of this charming 2-bedroom, 1-bath home situated on a desirable corner lot in Springfield. Offering a comfortable layout, this property provides an excellent opportunity for first-time buyers, those looking to downsize, or anyone seeking a place to make their own. A spacious basement offers abundant storage and flexibility for future use, while off-street parking adds everyday convenience. The yard provides room to relax, garden, or enjoy outdoor activities. Conveniently located near parks, local amenities, and neighborhood conveniences, this home combines comfort, practicality, and opportunity in an established Springfield setting. Qualified buyers may be eligible for up to $25,000 in down payment assistance through the MassHousing program. This program offers 0% interest with deferred repayment, helping to cover down payment, closing costs, prepaid mortgage insurance, or even reduce your interest rate buyer to confirm with MFHA approved lender.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$356/sqft
Local Avg (Springfield)$263/sqft
35% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Springfield, MA.

Property Details

Financials

Original Price$314,900
Annual Taxes$3,156

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
Fireplaces1
Flooring--
BasementFull

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingOther
WaterPublic, Other
SewerPublic Sewer, Other

Building & Exterior

Construction--
Roof--
FoundationOther
ZoningR2

Property & Lot

Acres0.12
SqFt Lot5,406
Lot FeaturesOther

Geography

Population

30,167

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$66K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

41.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Hampden County

358 housing units permitted in the last 12 months (+18% vs the prior 12 months) — 63 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 442 sq ft (the lesser of 900 sq ft or half the 884 sq ft principal dwelling). Lot size: 5,406 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Listing Provided By

Listing Agent: The Ponte Group

Listing Office: Keller Williams South Watuppa

MLS® Number: 73549172

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