Sold
Last Sold Price
35 beds17,204 sqft
1370-1380 Worcester St, Springfield, MA 01151
Multi FamilyProperty Type
0.68 acresLot Size
1910Year Built
$44/sq ftPrice per sq ft
14 carsParking Spaces

Description

Attentions all serious investors! This is a great opportunity to purchase 12 units at once - 2 - 6 family buildings being sold together. These two multifamily properties are situated on almost 3/4 of an acre combined with a parking lot area between them. The units vary in size but most have the potential to be 3 bedroom units (some bedrooms have been walled off but could easily be opened back up to make larger units and maximize rental incomes). Many units are vacant which will make it easier for...Attentions all serious investors! This is a great opportunity to purchase 12 units at once - 2 - 6 family buildings being sold together. These two multifamily properties are situated on almost 3/4 of an acre combined with a parking lot area between them. The units vary in size but most have the potential to be 3 bedroom units (some bedrooms have been walled off but could easily be opened back up to make larger units and maximize rental incomes). Many units are vacant which will make it easier for the new owner to do some updating and will also give them the opportunity to pick their own tenants and maximize their rental income! Don't miss this tremendous investment opportunity! To be sold AS-IS / WHERE-IS
  • Listed by: Suzie Ice Team • Ideal Real Estate Services, Inc.
  • Listed by: Luis Vitorino • Ideal Real Estate Services, Inc.
Listing closed: 08/13/2021 12:00 AM • Source: MLS PIN, MLS#: 72848946

Recent comparable sales

Median sold price

$550,000

Avg days on market

40

Sale-to-list ratio

100.1%

Springfield, MA

9 comparable properties found

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Location

Listing Courtesy of Ideal Real Estate Services, Inc., Suzie Ice Team; Ideal Real Estate Services, Inc., Luis Vitorino

Sold By Lock and Key Realty Inc., Marc Murphy

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Payment Calculator

$4,825 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,901

Property Taxes

$924

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1370-1380 Worcester Street

Property Details
  • Taxes: $11,087 / year
  • MLS Type: Multi-family / 5+ Family - Rooming House
  • Town: Springfield
  • Area: MA-Springfield
  • Garage Spaces: 0
  • Open Parking Spaces: 14.00
  • Parking Spaces Total: 14
Building Information
  • Stories: 9
  • Residences: 12
  • Year Built: 1910
  • Lot Size: 0.68 AC / 29,674 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Other
  • Living Area: 17204.0
  • Total Units: 12
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 14.0
  • Num of Full Baths: 14
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 14.00
  • Bathrooms Total Integer: 14
  • FireplaceYN: No
  • Fireplaces: 0
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: TO BE SOLD AS-IS / WHERE-IS. Some units are gutted and unfinished
Tax Information
  • Assessments: $586,600
  • Book: 0
  • Tax Year: 2021
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 35
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Other
Income / Expenses
  • GOI: $27,540.00
  • NOI: $27,540.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $1,695.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 2.0

Property History for 1370-1380 Worcester Street

DateEvent & SourcePriceAppreciation
Aug 13, 2021

Sold

MLS PIN #72848946

$755,000
Jun 23, 2021

Under Agreement

MLS PIN #72848946

Jun 23, 2021

Contingent

MLS PIN #72848946

DateEvent & SourcePrice
08/13/2021

Sold

MLS PIN #72848946

$755,000
06/23/2021

Under Agreement

MLS PIN #72848946

06/23/2021

Contingent

MLS PIN #72848946

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

Schools near 1370-1380 Worcester 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
Indian Orchard Elementary 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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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 Ideal Real Estate Services, Inc., Suzie Ice Team; Ideal Real Estate Services, Inc., Luis Vitorino

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.