NOT LISTED FOR SALE

253 Oak St Springfield, MA 01151

Indian Orchard Neighborhood
8 Beds
3 Baths
3,240 Sq Ft
5,702 Sq Ft Lot

Last Sold December 06, 2024

Last sale price $497,000 $153 Per Sq Ft

13 Days on Market

Highlights

  • Deck
  • Balcony
  • Shops
  • Corner Lot
  • Park

About This Home

As of December 2024

Attention investors or owner occupants! This is your Opportunity to Own a Fully Renovated Multi-Family Home that needs nothing but to move right in or collect market rents and start earning some passive income. This property was fully renovated less than two years ago. Property has been updated with tons of goods such as; New roof, gutters, bathrooms and kitchens. This beautiful home also features an In-law suite apartment on the third floor, offering Two Bedrooms and One Bathroom with separate exit/entrance to the second floor unit. New Gas Efficient Heating Units have been installed, as well as New Hot Water Tanks. Property Will Be Delivered Vacant at time of closing. Come see everything this property has to offer. Showings To Begin At Our Open Houses September 28 and 29 @ 1-2:00PMHIGHEST AND BEST DUE WEDNESDAY @ 5:00PM

Last Agent to Sell the Property

The Medina Team

Gallagher Real Estate Listed on: 09/19/2024

Gallagher Real Estate

Co-Listed By

Luis Victoriano Martinez

Naples Realty Group

Last Buyer's Agent

Nghia Nguyen

PRIVI Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,048

Year Built

  • Built in 1917

Lot Details

  • 5,702 Sq Ft Lot
  • Corner Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,240 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

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

Outdoor Features

  • Balcony
  • Deck

Listing and Financial Details

  • Total Actual Rent $3,400
  • Assessor Parcel Number S:09182 P:0185,2598400

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,048

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1917
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3240
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN1364
  • MAIN SO: AN6354

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Frame, Block
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, Park, Highway Access
  • Senior Community YN: No

Lot Info

  • Parcel Number: S:09182 P:0185,2598400
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5702
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5048

Multi Family

  • Net Operating Income: 40800
  • Number Of Units Total: 2
  • Total Actual Rent: 3400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: N

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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 List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $497,000 +6.9% $153 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $464,900 -- $143 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    The Medina Team

    Gallagher Real Estate

    1 in this area

    33 Total Sales

    The Medina Team
    Section Image

  • L

    Seller Co-Listing Agent in 2024

    Luis Victoriano Martinez

    Naples Realty Group

    (413) 536-7232

    1 in this area

    7 Total Sales

    Luis Victoriano Martinez
    Section Image

  • N

    Buyer's Agent in 2024

    Nghia Nguyen

    PRIVI Realty LLC

    (508) 468-4329

    1 in this area

    43 Total Sales

    Nghia Nguyen
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73292796

MLS Property Information Network (MLS PIN)
Massachusetts Hampden County Springfield 01151 Indian Orchard

253 Oak St, Springfield, MA

Not Listed for Sale

MultiFamily

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