NOT LISTED FOR SALE
4 Beds
5 Baths
5,196 Sq Ft
8,276 Sq Ft Lot

Last Sold September 16, 2021

Last sale price $250,000 $48 Per Sq Ft

98 Days on Market

Highlights

  • Property is near public transit
  • 1 Fireplace
  • Porch
  • Wood Flooring
  • Corner Lot
  • Shops

About This Home

As of September 2021

Investors take notice! Great income opportunity on this well maintained large 4 unit property. This property offers two studio apartments and two one bedroom apartments that have all been recently updated. There is also untapped potential on the extra space in the partially finished basement and partially finished walk up attic with another full bathroom. Close to the highway and Downtown Springfield. Two units are occupied and two are empty. Schedule your showing today!

Last Agent to Sell the Property

Mirialys Hernandez

Coldwell Banker Realty - Western MA Listed on: 05/04/2021

Last Buyer's Agent

Eneida Martinez

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,833

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 5,196 Sq Ft Home
  • 1 Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Utilities

  • Heating Available
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $1,300
  • Rent includes unit 1(heat electric gas water hot water), unit 2(heat electric gas water hot water), unit 4(heat electric gas water hot water)
  • Assessor Parcel Number S:07860 P:0130,2592304

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops

Building Details

  • Electric Expense $2,100
  • Water Sewer Expense $1,404
  • Operating Expense $10,104
  • Net Operating Income $5,496

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,833

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled, Unit 4 Remodeled
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl,Laminate,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)
  • Interior Amenities: Unit 1(Studio,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 2(Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower,Open Floor Plan), Unit 3(Studio,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 4(Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower,Open Floor Plan), Unit 1 Rooms(Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Gas Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Partially Finished
  • Living Area: 5196
  • Stories Total: 6
  • MAIN LO: AC0643
  • MAIN SO: M95232

Exterior Features

  • 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
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 2(Hot Water Radiators), Unit 3(Hot Water Radiators), Unit 4(Hot Water Radiators)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access
  • Rent Includes: Unit 1(Heat,Electric,Gas,Water,Hot Water), Unit 2(Heat,Electric,Gas,Water,Hot Water), Unit 4(Heat,Electric,Gas,Water,Hot Water)

Fee Information

  • Water Sewer Expenses: 1404

Lot Info

  • Parcel Number: S:07860 P:0130,2592304
  • Zoning: B2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.4
  • Lot Size Units: Acres
  • LOT SIZE: 8398

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3833

Multi Family

  • Electric Expense: 2100
  • Net Operating Income: 5496
  • Number Of Units Total: 4
  • Operating Expense: 10104
  • Total Actual Rent: 1300
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • 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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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
09/16/2021 09/16/21 Sold $250,000 -10.7% $48 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $280,000 -- $54 / 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 $5,240 $334,200 $25,900 $308,300
2024 $5,300 $330,000 $24,200 $305,800
2023 $4,121 $241,700 $23,100 $218,600
2022 $4,498 $239,000 $21,000 $218,000
2021 $3,833 $202,800 $19,100 $183,700
2020 $3,463 $177,300 $19,100 $158,200
2019 $3,214 $163,300 $19,100 $144,200
2018 $2,711 $154,200 $19,100 $135,100
2017 $2,711 $137,900 $15,300 $122,600
2016 $2,524 $128,400 $15,300 $113,100
2015 $2,431 $123,600 $15,300 $108,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72825530

MLS Property Information Network (MLS PIN)