$420,000
SOLD APR 3, 2025
6 Beds
2 Baths
1,896 Sq Ft
5,894 Sq Ft Lot

Recently Sold

$222 Per Sq Ft

5% Above List Price

18 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Dining Room
  • Window Unit Cooling System
  • Forced Air Heating System
  • Ceiling Fan

About This Home

As of April 2025

Welcome Investors and Owner occupiers to 37-39 Lyons Street, a well-maintained multi-family property offering an excellent investment opportunity or comfortable living with high rental income potential. This property features two spacious units, each with 3 bedrooms and 1 bathroom, providing ample space for families or tenants, property also has 8 parking spaces and a large 1 car garage. Situated in the desirable Indian Orchard neighborhood of Springfield, this property is conveniently located near local amenities, schools, and public transportation, making it an attractive option for tenants or owner-occupants. Don't miss out on this versatile property that combines comfort, convenience, and investment potential. Schedule a viewing today to experience all that 37-39 Lyons Street has to offer!!

Last Agent to Sell the Property

moises fernandez

Evermark Property Group, LLC Listed on: 12/19/2024

Co-Listed By

Michael Kusy

Evermark Property Group, LLC

Last Buyer's Agent

Heather Heeb

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,521

Year Built

  • Built in 1930

Lot Details

  • 5,894 Sq Ft Lot

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,896 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Freezer

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $4,000
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number S:08070 P:0047,2593136

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,400
  • Water Sewer Expense $3,000
  • Operating Expense $6,600
  • Net Operating Income $40,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,521

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1930
  • Levels: 3
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Ceiling Fan(s), Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Refrigerator, Freezer
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Unfinished
  • Above Grade Finished Sq Ft: 1896
  • Living Area: 1896
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN7019
  • MAIN SO: M95273

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Highway Access
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3000

Lot Info

  • Parcel Number: S:08070 P:0047,2593136
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 5894
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4521

Multi Family

  • Insurance Expense: 2400
  • Net Operating Income: 40200
  • Number Of Units Total: 2
  • Operating Expense: 6600
  • Total Actual Rent: 4000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

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
04/03/2025 04/03/25 Sold $420,000 +5.0% $222 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
12/19/2024 12/19/24 For Sale $400,000 -- $211 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73320814

MLS Property Information Network (MLS PIN)