$900,000
PENDING

2942-2946 Main St Springfield, MA 01107

Memorial Square Neighborhood

Estimated payment $5,754/month

Total Views 3,449
19 Beds
10 Baths
11,220 Sq Ft
$80 Price per Sq Ft

Highlights

  • Medical Services
  • Porch
  • Coin Laundry
  • Property is near public transit
  • Shops
  • Fenced

About This Home

Well maintained fully occupied Brick mixed use building features 1 commercial and 9 residential units which are all lead compliant. Other features include Newer porches & windows and new carlisle roof being installed July 2022. High efficiency heating system is approx 5 years old and tenants pay their own electric. Property is located in an economic opportunity zone & is located close to all downtown amenities

Listing Agent

Steve Byrne

First Place Realty Listed on: 06/30/2022

Co-Listing Agent

Eamonn Byrne

First Place Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,186

Year Built

  • Built in 1908

Lot Details

  • 6,055 Sq Ft Lot
  • Fenced

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • 11,220 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 10 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Porch
  • 10 Heating Zones

Listing and Financial Details

  • Assessor Parcel Number S:08130 P:0279,2593364

Community Details

Overview

  • 10 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Electric Expense $1,650
  • Insurance Expense $8,100
  • Water Sewer Expense $8,400
  • Operating Expense $44,342
  • Net Operating Income $76,487

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,186

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1908
  • Levels: 4
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 19
  • Full Bathrooms: 10
  • Total Bathrooms: 10
  • Basement: Full
  • Above Grade Finished Sq Ft: 11220
  • Living Area: 11220
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: M95221

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced/Enclosed
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 10

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School, T-Station
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 8400

Lot Info

  • Parcel Number: S:08130 P:0279,2593364
  • Zoning: B1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6055
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12185.95

Multi Family

  • Electric Expense: 1650
  • Insurance Expense: 8100
  • Net Operating Income: 76487
  • Number Of Units Total: 10
  • Operating Expense: 44342
  • Total Actual Rent: 10069
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: Y

Map

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

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 -- $925,500 $135,000 $790,500
2024 -- $912,300 $126,000 $786,300
2023 $0 $729,100 $81,900 $647,200
2022 $0 $647,500 $74,700 $572,800
2021 $0 $662,500 $74,700 $587,800
2020 $17,321 $628,300 $74,700 $553,600
2019 $15,072 $675,200 $91,000 $584,200
2018 $16,774 $630,400 $91,000 $539,400
2017 $0 $684,300 $91,000 $593,300
2016 -- $648,700 $91,000 $557,700
2015 -- $648,700 $91,000 $557,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/02/2022 08/02/22 Off Market $900,000 -- --
06/30/2022 06/30/22 For Sale $900,000 -- $80 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed $130,000 --
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73005822

MLS Property Information Network (MLS PIN)

APN: SPRI-008130-000000-000279

Massachusetts Hampden County Springfield 01107 Memorial Square

2942-2946 Main St, Springfield, MA

Pending

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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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Steve Byrne
Listing Agent
Steve Byrne
Section Image
First Place Realty
(413) 537-3518