$530,000
SOLD JUN 13, 2025
12 Beds
3 Baths
3,978 Sq Ft
7,545 Sq Ft Lot

Recently Sold

$133 Per Sq Ft

2% Above List Price

13 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Park
  • Property is near public transit
  • Porch
  • Shops

About This Home

As of June 2025

Attention investors! Don’t miss this incredible opportunity to own a fully updated, lead-certified three-family property at 59-61 Farnsworth St in Springfield’s Liberty Heights neighborhood. Each unit features 4 spacious bedrooms and 1 full bath, offering generous living space that’s in high demand with tenants. The property has been thoughtfully updated with new energy-efficient windows, fresh vinyl siding, and modern finishes throughout. All three units are currently rented, generating immediate income, and with separate utilities, tenants cover their own heat and electric. Additional highlights include off-street parking, a large backyard for outdoor enjoyment, and a strong rental history in a desirable, convenient location close to schools, public transit, and highways. This turnkey multi-family is perfect for seasoned investors or first-time buyers looking to house-hack and build wealth. Group showing on 4/27 12pm-2pm.

Last Agent to Sell the Property

Tanya Harvey

Keller Williams Realty Listed on: 04/21/2025

Keller Williams Realty

Last Buyer's Agent

Felix Mensah

RE/MAX Partners

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,250

Year Built

  • Built in 1914

Home Design

  • Brick Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,978 Sq Ft Home
  • Property has 1 Level
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Glenwood Elementary School
  • Van Sickle Middle School
  • Central High School

Additional Features

  • Porch
  • 7,545 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $4,850
  • Assessor Parcel Number S:04960 P:0057,2584151

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Additional Features

  • 3 Units
  • Net Operating Income $58,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,250

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1914
  • Levels: 3
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Living Room, Kitchen, Living RM/Dining RM Combo
  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Above Grade Finished Sq Ft: 3978
  • Living Area: 3978
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: M95273
  • LIST PRICE PER Sq Ft: 130.69
  • PRICE PER Sq Ft: 133.23
  • MAIN SO: G62134

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: S:04960 P:0057,2584151
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7545
  • Lot Size Units: Acres
  • PAGE: 143

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5250
  • Tax Book Number: 19367

Multi Family

  • Gross Income: 58200
  • Net Operating Income: 58200
  • Number Of Units Total: 3
  • Total Actual Rent: 4850
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Central Hs
  • Elementary School: Glenwood
  • Middle Or Junior School: Van Sickle

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
06/13/2025 06/13/25 Sold $530,000 +1.9% $133 / Sq Ft
05/04/2025 05/04/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $519,900 -- $131 / 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: 73362054

MLS Property Information Network (MLS PIN)