NOT LISTED FOR SALE
18 Beds
6 Baths
6,156 Sq Ft
6,599 Sq Ft Lot

Last Sold April 26, 2024

Last sale price $700,000 $114 Per Sq Ft

10 Days on Market

Highlights

  • Property is near public transit and schools
  • Porch
  • Park
  • Wood Flooring
  • Living Room
  • Shops

About This Home

As of April 2024

Attention Investor! Take advantage of this six-unit property and start collecting rent immediately! This 6 unit has 6 three-bedrooms with separate utilities. 3 of the units have been renonvated. Common areas have new floor and paint through out. This property has been meticulously maintained and is in great shape! Rent is currently grossing $8830 a month with room to grow! This is a great opportunity to own a cash cow in this growing Springfield rental market! Proforma attached to listing. Showings will be done at Open House 11/26 12-1:30pm! Highest and Best Tuesday 11/28 5:00pm!!

Last Agent to Sell the Property

Jim Charles

Lock and Key Realty Inc. Listed on: 11/16/2023

Lock and Key Realty Inc.

Last Buyer's Agent

Brett Gelinas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,615

Year Built

  • Built in 1910

Lot Details

  • 6,599 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 6,156 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Living Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 6 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

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

Additional Features

  • Porch
  • Property is near public transit and schools
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $5,880
  • Assessor Parcel Number S:08132 P:0062,2593573

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $87,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,615

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1910
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Vinyl, Carpet, Hardwood
  • Interior Amenities: Living Room, Kitchen
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Total Bedrooms: 18
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Concrete
  • Living Area: 6156
  • Spa YN: No
  • Stories Total: 9
  • Window Features: Insulated Windows
  • MAIN LO: AN5521
  • MAIN SO: AN4866

Exterior Features

  • Construction Materials: Frame, Brick
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Electric: Circuit Breakers, Individually Metered
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: S:08132 P:0062,2593573
  • Zoning: SR3B1
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6599
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7615

Multi Family

  • Net Operating Income: 87960
  • Number Of Units Total: 6
  • Total Actual Rent: 5880
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

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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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
04/26/2024 04/26/24 Sold $700,000 +7.7% $114 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $649,900 -- $106 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $9,861 $628,900 $44,700 $584,200
2024 $9,106 $567,000 $41,800 $525,200
2023 $7,615 $446,600 $34,300 $412,300
2022 $6,935 $368,500 $32,000 $336,500
2021 $5,988 $316,800 $29,100 $287,700
2020 $5,638 $288,700 $29,100 $259,600
2019 $5,682 $288,700 $30,100 $258,600
2018 $5,367 $272,700 $30,100 $242,600
2017 $4,917 $250,100 $25,600 $224,500
2016 $4,618 $234,900 $25,600 $209,300
2015 $4,471 $227,300 $25,600 $201,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73180945

MLS Property Information Network (MLS PIN)

APN: SPRI S:08132 P:0062