14-16 Loring St

Springfield, MA 01105

$300,000
Last Sold Price
8
Beds
5,844 Sq. Ft.
$51 / Sq. Ft.
5,844
Sq. Ft.
$51
per Sq. Ft.
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Sold 8/9/22
Sold 8/9/22

Description

Investors take notice of this income generating 4 Family conveniently located to MGM and all that downtown Springfield has to offer. This fully occupied property will be sold with tenant occupancy. Also for sale is 10 Loring St, a beautiful fully occupied 2 Family. Purchase both and take control.Investors take notice of this income generating 4 Family conveniently located to MGM and all that downtown Springfield has to offer. This fully occupied property will be sold with tenant occupancy. Also for sale is 10 Loring St, a beautiful fully occupied 2 Family. Purchase both and take control.
  1. Listed by Paul Zingarelli • Berkshire Hathaway HomeServices Realty Professionals

Property Details for 14-16 Loring Street

Town
Springfield
MLS Area
So End Central
Area
MA-Springfield-So End Central
Garage Spaces
0
Open Parking Spaces
4.00
Parking Spaces Total
4
LISTING CLOSED: 08/09/2022 12:00 AM

Property Details for 14-16 Loring Street

StatusSold
MLS #72978008
Days on Market61
Taxes$5,558 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1908
CountyHampden County
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Location

Listing Courtesy of Berkshire Hathaway HomeServices Realty Professionals, Paul Zingarelli

Sold By Century 21 Mclennan & Company, Tonya Branen

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Building Information for 14-16 Loring Street

Stories6Residences4Year Built1908Building Size-Lot Size0.16 AC / 7,183 SF

Payment Calculator

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$1,988 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,525

Property Taxes

$463

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 14-16 Loring Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Highway Access, Public School
  • Current Financing: Cash
  • Living Area: 5844.0
  • Color: Grey
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Vinyl
  • Window Features: Insulated Windows, Screens
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Screens, Porch
  • Patio And Porch Features: Porch
  • 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
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Group Showing 5/18/33 @ 3pm. Seller Will Review All Offers On 5/20/22. All Tenants Are Tenancy At Will. Seller Pays Trash $37.00 Monthly, Water, Insurance And Taxes.
Tax Information
  • Tax ID: S:07940 P:0005,2592766
  • Assessments: $295,300
  • Book: 18781
  • Tax Year: 2022
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • GOI: $42,000.00
  • NOI: $42,000.00
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
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,550.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1

Property History for 14-16 Loring Street

DateEvent & SourcePriceAppreciation
Aug 9, 2022

Sold

MLS PIN #72978008

$300,000—
Jul 27, 2022

Price Change

MLS PIN #72978008

$349,000—
Jul 7, 2022

Under Agreement

MLS PIN #72978008

—
DateEvent & SourcePrice
08/09/2022

Sold

MLS PIN #72978008

$300,000
07/27/2022

Price Change

MLS PIN #72978008

$349,000
07/07/2022

Under Agreement

MLS PIN #72978008

—

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

Public Records for 14-16 Loring Street

Taxable ValueLand$24,000Additions$351,000Total$375,000
Tax Record2024$6,023 ($502 / month)
Home Facts
Total Finished SqFt5,844 SqFtAbove Grade Finished SqFt5,844 SqFtStories2Lot Size7,183 SqFtStyleMulti-Family Res (5+ Units)Year Built1908ZoningR3CountyHAMPDENAPNSPRI S:07940 P:0005

Schools near 14-16 Loring Street

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
White Street School
Public - PK to 5
South End Middle School
Public - 6 to 8
High School of Science and Technology (Sci-Tech)
Public - 9 to 12
Putnam Vocational Technical High School
Public - 9 to 12
Rating
School
Distance
White Street School
PublicPK to 5

South End Middle School
Public6 to 8

High School of Science and Technology (Sci-Tech)
Public9 to 12

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.

South End
South End
A diverse community with historic charm. A family-friendly and diverse neighborhood within range of the Prudential Center and the Back Bay skyline. Victorian row houses and well-maintained sidewalks lend the community a walkable and engaging vibe.
South End Guide

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
14 Loring Street, Unit 16, Springfield, MA 01105
–
–
–
5,844
7,183
10 Loring Street, Springfield, MA 01105
$200,000
6
2,482
3,772
22 Loring Street, Springfield, MA 01105
$231,500
5
2,256
4,780
26 Loring Street, Springfield, MA 01105
$20,000
6
2,278
4,840
17 Loring Street, Unit 19, Springfield, MA 01105
$82,500
–
3
2,472
7,331

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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 Berkshire Hathaway HomeServices Realty Professionals, Paul Zingarelli

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.