NOT LISTED FOR SALE

14-16 Loring St Springfield, MA 01105

South End Neighborhood
8 Beds
4 Baths
5,844 Sq Ft
7,183 Sq Ft Lot

Last Sold August 09, 2022

Last sale price $300,000 $51 Per Sq Ft

59 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Shops
  • Wood Flooring

About This Home

As of August 2022

Investors take notice of this income generating 4 Family conveniently located to MGM and all that downtown Springfield has to offer. This fully occupied property will be sold with tenant occupancy. Also for sale is 10 Loring St, a beautiful fully occupied 2 Family. Purchase both and take control.

Last Agent to Sell the Property

Paul Zingarelli

Berkshire Hathaway HomeServices Realty Professionals Listed on: 05/08/2022

Berkshire Hathaway HomeServices Realty Professionals

Last Buyer's Agent

Tonya Branen

Century 21 Mclennan & Company

Century 21 Mclennan & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,558

Year Built

  • Built in 1908

Lot Details

  • 7,183 Sq Ft Lot

Home Design

  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 5,844 Sq Ft Home
  • Insulated Windows
  • Window Screens
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 4 Heating Zones
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,550
  • Assessor Parcel Number S:07940 P:0005,2592766

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Additional Features

  • Shops
  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,558

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1908
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile,Vinyl
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full
  • Living Area: 5844
  • Stories Total: 6
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AN7274
  • LIST PRICE PER Sq Ft: 59.72
  • PRICE PER Sq Ft: 51.33
  • MAIN SO: G46000

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, Public School

Lot Info

  • Parcel Number: S:07940 P:0005,2592766
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7183
  • Lot Size Units: Acres
  • PAGE: 453

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5558
  • Tax Book Number: 18781

Multi Family

  • Gross Income: 42000
  • Net Operating Income: 42000
  • Number Of Units Total: 4
  • Total Actual Rent: 3550
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

Range of Values:

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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 Change Sq Ft Price
08/09/2022 08/09/22 Sold $300,000 -14.0% $51 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $349,000 -11.6% $60 / Sq Ft
05/08/2022 05/08/22 For Sale $395,000 -- $68 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Paul Zingarelli

    Seller's Agent in 2022

    Paul Zingarelli

    Berkshire Hathaway HomeServices Realty Professionals

    (413) 246-9982

    2 in this area

    145 Total Sales

    Paul Zingarelli
    Section Image
  • Tonya Branen

    Buyer's Agent in 2022

    Tonya Branen

    Century 21 Mclennan & Company

    (978) 918-3789

    3 in this area

    43 Total Sales

    Tonya Branen
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72978008

MLS Property Information Network (MLS PIN)

APN: SPRI S:07940 P:0005

Massachusetts Hampden County Springfield 01105 South End

14-16 Loring St, Springfield, MA

This home is located at 14-16 Loring St, Springfield, MA 01105 since 08 May 2022. This property was built in 1908. 14-16 Loring St is a home located in Hampden County with nearby schools including White Street Elementary School, South End Middle School, and High School Of Commerce.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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