Seller's Agent in 2022
Daniel Tully
Symphony Properties
(617) 448-9783
1 in this area
83 Total Sales
196-198 Bowdoin St Springfield, MA 01109
McKnight Neighborhood
32
Beds
12
Baths
11,984
Sq Ft
0.31
Acres
Highlights
- Medical Services
- Deck
- Wood Flooring
- 0.31 Acre Lot
- Property is near public transit and schools
- Corner Lot
About This Home
As of July 2022Rare opportunity to purchase a brick 12 unit, turn-key investment property in Springfield's desirable McKnight District. The building features eight 3 bedroom and four 2 bedroom apartments all with updated electric panels, as well as separate gas heat and hot water systems. There is a large parking area and some units feature updated kitchen and baths, hardwood floors, vinyl plank floor, and wall to wall carpet, as well as outdoors decks off of 8 of the units. The entire building is approved for housing assistance to all tenants through the "Moderate Rehabilitation" program.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,530
Year Built
- Built in 1922
Lot Details
- 0.31 Acre Lot
- Street terminates at a dead end
- Fenced
- Corner Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 11,984 Sq Ft Home
- Property has 1 Level
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 32 Bedrooms
- 12 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 10 Car Parking Spaces
- Common or Shared Parking
- Shared Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Utilities
- 12 Heating Zones
- Gas Water Heater
Additional Features
- Deck
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $13,579
- Assessor Parcel Number S:01680 P:0035,2574842
Community Details
Overview
- 12 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Water Sewer Expense $7,709
- Operating Expense $40,291
- Net Operating Income $122,656
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/21/2022 07/21/22 | Sold | $1,355,000 | +12.9% | $113 / Sq Ft |
| 02/24/2022 02/24/22 | Pending | -- | -- | -- |
| 02/19/2022 02/19/22 | For Sale | $1,200,000 | -- | $100 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,770 | $1,133,300 | $180,000 | $953,300 |
| 2024 | $17,974 | $1,119,200 | $168,000 | $951,200 |
| 2023 | $14,571 | $854,600 | $109,200 | $745,400 |
| 2022 | $16,420 | $872,500 | $99,600 | $772,900 |
| 2021 | $16,530 | $874,600 | $99,600 | $775,000 |
| 2020 | $15,358 | $786,400 | $99,600 | $686,800 |
| 2019 | $13,280 | $674,800 | $78,000 | $596,800 |
| 2018 | $10,979 | $557,900 | $78,000 | $479,900 |
| 2017 | $9,797 | $498,300 | $78,000 | $420,300 |
| 2016 | $9,258 | $470,900 | $78,000 | $392,900 |
| 2015 | $8,991 | $457,100 | $78,000 | $379,100 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Tully
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72944454
APN: SPRI S:01680 P:0035
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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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