Last Sold Price
6 beds2,160 sqft$89/sqft
114-116 Michon St, Springfield, MA 01151

Description

This well maintained modern duplex is an excellent opportunity for investors or owner occupancy. Each 3 bedroom, 1 and 1/2 bath unit is currently occupied and bringing in $975 per month, rental income. This well built home requires minimal maintenance. It also has CITY WATER and was tied into the CITY SEWER system in 2015. Don't hesitate, and take advantage of positive cash flow or inexpensive living!This well maintained modern duplex is an excellent opportunity for investors or owner occupancy. Each 3 bedroom, 1 and 1/2 bath unit is currently occupied and bringing in $975 per month, rental income. This well built home requires minimal maintenance. It also has CITY WATER and was tied into the CITY SEWER system in 2015. Don't hesitate, and take advantage of positive cash flow or inexpensive living!
LISTING CLOSED: 12/27/2016 12:00 AM

  1. Listed by Amy Fields • Lion's Head Real Estate Group

Property Details for 114-116 Michon Street

Status
MLS #
71947736
Days on Market
232
Taxes
$3,712 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / Duplex
Year Built
2007
Town
Springfield
MLS Area
Indian Orchard
Area
MA-Springfield-Indian Orchard, MA-Springfield
Garage Spaces
0
Open Parking Spaces
4.00
Parking Spaces Total
4

Location

Listing Courtesy of Lion's Head Real Estate Group, Amy Fields

Sold By Lion's Head Real Estate Group, Amy Fields

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Building Information for 114-116 Michon Street

Stories4Residences2Year Built2007Building Size-Lot Size0.18 AC / 7,950 SF

Payment Calculator

$1,290 per month

30 year fixed, 6.55% Interest

Principal and Interest

$981

Property Taxes

$309

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 114-116 Michon Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
  • Current Financing: FHA
  • Living Area: 2160.0
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Owner
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Propane Water Heater, Tankless Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Basement Features: Full, Interior Access, Concrete Floor
  • Num of Baths: 4.0
  • Num of Full Baths: 2
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Vinyl, Carpet, Unit 1(undefined), Unit 2(Wall to Wall Carpet)
  • Interior Features: Unit 1(Ceiling Fans, Storage, High Speed Internet Hookup, Bathroom With Tub & Shower), Unit 2(Ceiling Fans, Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room
  • Laundry Features: Washer Hookup
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Fenced Yard
  • Fencing: Fenced/Enclosed, Fenced
  • Lot Description: Cleared, Level
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: Circuit Breakers, Individually Metered
  • Heating: Unit 1(Forced Air, Propane), Unit 2(Forced Air
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Private Road
Tax Information
  • Assessments: $192,500
  • Book: 6074
  • Tax Year: 2015
  • Zoning: I2
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Heat Units: 2
Income / Expenses
  • GOI: $23,400.00
  • NOI: $23,400.00
Unit Information
Unit 1 Description
  • Floor U1: 0
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 0
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $1,950.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Selling Broker Comp: 2.0
  • Other Agent Compensation: 2.0

Property History for 114-116 Michon Street

DateEvent & SourcePriceAppreciation
Dec 27, 2016

Sold

MLS PIN #71947736

$193,000
Aug 1, 2016

Under Agreement

MLS PIN #71947736

Aug 1, 2016

Contingent

MLS PIN #71947736

DateEvent & SourcePrice
12/27/2016

Sold

MLS PIN #71947736

$193,000
08/01/2016

Under Agreement

MLS PIN #71947736

08/01/2016

Contingent

MLS PIN #71947736

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 114-116 Michon Street

Taxable ValueLand$42,300Additions$312,400Total$354,700
Tax Record2024$5,696 ($475 / month)
Home Facts
Baths3Total Finished SqFt2,160 SqFtAbove Grade Finished SqFt2,160 SqFtStories2Lot Size7,950 SqFtStyleDuplexYear Built2007ZoningI2CountyHAMPDENAPNSPRI S:08610 P:0017

Schools near 114-116 Michon Street

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Warner School
PublicPK to 5

John F Kennedy Middle School
Public6 to 8

Putnam Vocational Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lion's Head Real Estate Group, Amy Fields

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.