$1,820,000
SOLD APR 7, 2025
20 Beds
20 Baths
18,588 Sq Ft
0.37 Acres

Recently Sold

$98 Per Sq Ft

7% Below List Price

95 Days on Market

Highlights

  • 0.37 Acre Lot
  • Wood Flooring
  • Park
  • Property is near public transit
  • Porch
  • Shops

About This Home

As of April 2025

Welcome to this prime investment property offering a versatile mix of residential units and valuable amenities:10 one-bedroom units, each designed for comfort and practicality, 10-three room studios, providing efficient living spaces, and 10 garage bays, ensuring convenient parking and storage solutions. Professionally managed and conveniently located near major highways, bus routes, and downtown Springfield, this property appeals to a wide range of tenants seeking accessibility and urban convenience. Springfield's ongoing revitalization enhances the appeal of this investment opportunity, promising potential growth and value appreciation. Explore the possibilities and secure your investment in Springfield's dynamic real estate market today.

Last Agent to Sell the Property

Raquel Medina

Lock and Key Realty Inc. Listed on: 06/27/2024

Lock and Key Realty Inc.

Last Buyer's Agent

Pankaj Gupta

Keller Williams Pinnacle Central

Keller Williams Pinnacle Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,261

Year Built

  • Built in 1925

Lot Details

  • 0.37 Acre Lot
  • Sprinkler System

Parking

  • 10 Car Garage
  • Driveway
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • 18,588 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 20 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $22,100
  • Assessor Parcel Number S:05300 P:0022,2584992

Community Details

Overview

  • 20 Units

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Water Sewer Expense $13,200
  • Operating Expense $104,296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,261

Year Built

Built in 1925

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1925
  • Levels: 4
  • Buyer Agency: 1.5
  • Buyer Agency Type: %
  • 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

  • Flooring: Wood, Vinyl
  • Fireplace YN: No
  • Total Bedrooms: 20
  • Full Bathrooms: 20
  • Total Bathrooms: 20
  • Total Bathrooms: 20
  • Basement: Full, Walk-Out Access
  • Above Grade Finished Sq Ft: 18588
  • Living Area: 18588
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: AN5521
  • LIST PRICE PER Sq Ft: 102.22
  • PRICE PER Sq Ft: 97.91
  • MAIN SO: AN8160

Exterior Features

  • Exterior Features: Sprinkler System
  • Construction Materials: Brick, See Remarks
  • Foundation Details: Brick/Mortar, Other
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 10
  • Covered Parking Spaces: 10
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, On Street, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

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

Fee Information

  • Water Sewer Expenses: 13200

Lot Info

  • Parcel Number: S:05300 P:0022,2584992
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.37
  • Lot Size Area: 0.37
  • Lot Size Sq Ft: 16313
  • Lot Size Units: Acres
  • PAGE: 307
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 25261
  • Tax Book Number: 25363

Multi Family

  • Gross Income: 251940
  • Number Of Units Total: 20
  • Operating Expense: 104296
  • Total Actual Rent: 22100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Range of Values:

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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 Change Sq Ft Price
04/07/2025 04/07/25 Sold $1,820,000 -4.2% $98 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $1,900,000 -2.6% $102 / Sq Ft
06/28/2024 06/28/24 For Sale $1,950,000 -- $105 / 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: 73258481

MLS Property Information Network (MLS PIN)

APN: SPRI S:05300 P:0022