NOT LISTED FOR SALE

1361-1363 Dwight St Springfield, MA 01107

Memorial Square Neighborhood
8 Beds
3 Baths
3,633 Sq Ft
5,624 Sq Ft Lot

Last Sold December 17, 2024

Last sale price $380,000 $105 Per Sq Ft

7 Days on Market

About This Home

As of December 2024

Discover this fantastic investment opportunity at 1361-1363 Dwight St. in Springfield, MA! This three-unit property features separate utilities, making management simple, and includes an off-street parking lot behind the house. The property is fully occupied with reliable, long-term tenants who consistently pay on time, providing a steady monthly rental income of $3,975 with plenty of room to grow up to an additional $1,600-1,900+/month! Two of the three units span across two floors, providing ample living space and a unique layout that appeals to tenants seeking extra room and privacy. Conveniently located near many local amenities, schools, and public transportation, this property combines stability and strong returns. Don’t miss this exceptional investment!

Last Agent to Sell the Property

Jennilee Madison

Lock and Key Realty Inc. Listed on: 10/28/2024

Lock and Key Realty Inc.

Co-Listed By

Jessica Mekal

Lock and Key Realty Inc.

Last Buyer's Agent

Eugene Diaz

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,922

Year Built

  • Built in 1908

Lot Details

  • 5,624 Sq Ft Lot

Home Design

  • Brick Foundation
  • Block Foundation

Interior Spaces

  • 3,633 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Off-Street Parking

Listing and Financial Details

  • Total Actual Rent $3,975
  • Assessor Parcel Number S:04222 P:0254,2582291

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $47,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,922

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1908
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Microwave, Refrigerator
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3633
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN5521
  • MAIN SO: M59500

Exterior Features

  • Foundation Details: Block, Brick/Mortar
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: S:04222 P:0254,2582291
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5624
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3922

Multi Family

  • Net Operating Income: 47700
  • Number Of Units Total: 3
  • Total Actual Rent: 3975
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

Range of Values:

--
Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2024 12/17/24 Sold $380,000 +3.0% $105 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $369,000 -- $102 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jennilee Madison

    Seller's Agent in 2024

    Jennilee Madison

    Lock and Key Realty Inc.

    (413) 282-8080

    1 in this area

    146 Total Sales

    Jennilee Madison
    Section Image
  • Jessica Mekal

    Seller Co-Listing Agent in 2024

    Jessica Mekal

    Lock and Key Realty Inc.

    (413) 519-1423

    1 in this area

    15 Total Sales

    Jessica Mekal
    Section Image

  • E

    Buyer's Agent in 2024

    Eugene Diaz

    Coldwell Banker Realty - Lynnfield

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73307156

MLS Property Information Network (MLS PIN)
Massachusetts Hampden County Springfield 01107 Memorial Square

1361-1363 Dwight St, Springfield, MA

Not Listed for Sale

MultiFamily

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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