$1,395,000
SOLD NOV 4, 2024

40 Warriner Ave Springfield, MA 01108

South End Neighborhood
19 Beds
12 Baths
13,755 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$101 Per Sq Ft

7% Below List Price

25 Days on Market

Highlights

  • Property is near public transit
  • Shops
  • Level Lot
  • Additional Land

About This Home

As of November 2024

Stunning 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.

Last Agent to Sell the Property

Robert Couture

Lock and Key Realty Inc. Listed on: 07/10/2024

Last Buyer's Agent

Paul Gnakou

MIG

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,508

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1913
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 19
  • Full Bathrooms: 12
  • Total Bathrooms: 12
  • Total Bathrooms: 12
  • Living Area: 13755
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN5468
  • LIST PRICE PER Sq Ft: 109.05
  • PRICE PER Sq Ft: 101.42
  • MAIN SO: AC1495

Exterior Features

  • Construction Materials: Frame, Brick
  • Foundation Details: Block
  • Home Warranty YN: No
  • Road Frontage Type: Public, Dead End
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: S:12000 P:0011,2610810
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Additional Land Avail., Level
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7000
  • Lot Size Units: Acres
  • PAGE: 253
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10508
  • Tax Book Number: 5274

Multi Family

  • Gross Income: 193200
  • Net Operating Income: 125205
  • Number Of Units Total: 12
  • Operating Expense: 58334
  • Total Actual Rent: 16100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 2
  • FLRS 2: 1

Range of Values:

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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
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robert Couture

    Seller's Agent in 2024

    Robert Couture

    Lock and Key Realty Inc.

    (310) 922-5436

    1 in this area

    20 Total Sales

    Robert Couture
    Section Image

  • P

    Buyer's Agent in 2024

    Paul Gnakou

    MIG

    (857) 928-0408

    1 in this area

    6 Total Sales

    Paul Gnakou
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73262767

MLS Property Information Network (MLS PIN)
Massachusetts Hampden County Springfield 01108 South End

40 Warriner Ave, Springfield, MA

This home is located at 40 Warriner Ave, Springfield, MA 01108 and is currently priced at $1,395,000, approximately $101 per square foot. This property was built in 1913. 40 Warriner Ave is a home located in Hampden County with nearby schools including Daniel B Brunton, South End Middle School, and High School Of Commerce.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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