Seller's Agent in 2024
Robert Couture
Lock and Key Realty Inc.
(310) 922-5436
1 in this area
21 Total Sales
40 Warriner Ave Springfield, MA 01108
South End Neighborhood
19
Beds
12
Baths
13,755
Sq Ft
7,000
Sq Ft Lot
Highlights
- Property is near public transit
- Shops
- Level Lot
- Additional Land
About This Home
As of November 2024Stunning 12-Unit Apartment Building in Prime Location! Welcome to your next investment opportunity. This exceptional 12-unit apartment building is fully occupied, perfectly situated in a highly desirable neighborhood on a dead-end street with an adjacent lot (0.16 acres/7,000sqft) that is also for sale (MLS #73262765). The building comprises a mix of spacious one-bedroom and two-bedroom units with two units convertible from one to two bedrooms. Each unit has been thoughtfully designed with modern amenities and stylish finishes, ensuring a high-quality living experience for tenants. With a strong rental history and high demand in the area, this building presents a lucrative investment opportunity. The well-maintained property ensures low maintenance costs and steady cash flow. This 12-unit apartment building is a rare find in such a prime location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,508
Year Built
- Built in 1913
Lot Details
- 7,000 Sq Ft Lot
- Street terminates at a dead end
- Level Lot
- Additional Land
Home Design
- Brick Exterior Construction
- Block Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 13,755 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 19 Bedrooms
- 12 Full Bathrooms
Parking
- 5 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $16,100
- Assessor Parcel Number S:12000 P:0011,2610810
Community Details
Building Details
- Operating Expense $58,334
- Net Operating Income $125,205
Additional Features
- 12 Units
- Shops
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/04/2024 11/04/24 | Sold | $1,395,000 | -7.0% | $101 / Sq Ft |
| 08/05/2024 08/05/24 | Pending | -- | -- | -- |
| 07/10/2024 07/10/24 | For Sale | $1,499,999 | -- | $109 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $13,817 | $881,200 | $180,000 | $701,200 |
| 2024 | $13,975 | $870,200 | $168,000 | $702,200 |
| 2023 | $10,508 | $616,300 | $109,200 | $507,100 |
| 2022 | $10,353 | $550,100 | $99,600 | $450,500 |
| 2021 | $10,248 | $542,200 | $99,600 | $442,600 |
| 2020 | $10,277 | $526,200 | $99,600 | $426,600 |
| 2019 | $10,667 | $542,000 | $78,000 | $464,000 |
| 2018 | $8,744 | $444,300 | $78,000 | $366,300 |
| 2017 | $8,088 | $411,400 | $78,000 | $333,400 |
| 2016 | $7,549 | $384,000 | $78,000 | $306,000 |
| 2015 | $7,644 | $388,600 | $78,000 | $310,600 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Couture
-
Paul Gnakou
P
Buyer's Agent in 2024
Paul Gnakou
MIG
(857) 928-0408
1 in this area
7 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73262767
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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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