Last Sold Price
4 beds1,824 sqft$156/sqft
119-121 Merida St, Springfield, MA 01104

Description

Opportunity is knocking. Come check out this absolutely awesome rental property. The roof was just replaced and the home is in great shape. This is a great time to buy investment property. This property has cash flow and an over 9% CAP Rate. That is amazing. You can't get that in the bank for sure. Come see us this Sunday at the open house.Opportunity is knocking. Come check out this absolutely awesome rental property. The roof was just replaced and the home is in great shape. This is a great time to buy investment property. This property has cash flow and an over 9% CAP Rate. That is amazing. You can't get that in the bank for sure. Come see us this Sunday at the open house.
LISTING CLOSED: 07/27/2022 12:00 AM

  1. Listed by The Kevin Moore Group • Keller Williams Realty

Property Details for 119-121 Merida Street

Status
MLS #
72963820
Days on Market
33
Taxes
$3,769 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 2 Family
Year Built
1990
Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Open Parking Spaces
8.00
Parking Spaces Total
8

Location

Listing Courtesy of Keller Williams Realty, The Kevin Moore Group

Sold By Keller Williams Realty, The Kevin Moore Group

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Building Information for 119-121 Merida Street

Stories4Residences2Year Built1990Building Size-Lot Size0.11 AC / 5,001 SF

Payment Calculator

$1,763 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,449

Property Taxes

$314

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 119-121 Merida Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool
  • Current Financing: Conv. Fixed
  • Living Area: 1824.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Basement Features: Full
  • Num of Baths: 6.0
  • Num of Full Baths: 4
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 4
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Vinyl, Carpet
  • Interior Features: Unit 1 Rooms(Kitchen, Family Room), Unit 2 Rooms(Kitchen
  • Laundry Features: Washer Hookup
  • Window Features: Insulated Windows, Screens
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Screens, Patio
  • Lot Description: Cleared
  • Patio And Porch Features: Patio
  • 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
  • Cooling: Unit 1(Central Air), Unit 2(Central Air)
  • Cooling: Yes
  • Electric: 200+ Amp Service
  • Heating: Unit 1(Forced Air, Gas), Unit 2(Forced Air
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
Tax Information
  • Tax ID: S:08550 P:0034,2595510
  • Assessments: $199,400
  • Book: 15765
  • Tax Year: 2021
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Cooling Units: 2
  • Cooling Zones: 2
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • Annual Expenses Source: Tax Return
  • GOI: $26,400.00
  • NOI: $26,400.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $2,200.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1.0

Property History for 119-121 Merida Street

DateEvent & SourcePriceAppreciation
Jul 27, 2022

Sold

MLS PIN #72963820

$285,000
Apr 22, 2022

Under Agreement

MLS PIN #72963820

Apr 22, 2022

Contingent

MLS PIN #72963820

DateEvent & SourcePrice
07/27/2022

Sold

MLS PIN #72963820

$285,000
04/22/2022

Under Agreement

MLS PIN #72963820

04/22/2022

Contingent

MLS PIN #72963820

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

Public Records for 119-121 Merida Street

Taxable ValueLand$37,200Additions$283,500Total$320,700
Tax Record2024$5,150 ($429 / month)
Home Facts
Baths3Total Finished SqFt1,824 SqFtAbove Grade Finished SqFt1,824 SqFtStories2Lot Size5,001 SqFtStyleDuplexYear Built1990ZoningR1CountyHAMPDENAPNSPRI S:08550 P:0034

Schools near 119-121 Merida 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
Mary O Pottenger Elementary School
PublicPK to 5

Van Sickle Academy
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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Nearby home values

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 Keller Williams Realty, The Kevin Moore Group

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.