Sold
Last Sold Price
8 beds2,793 sqft
16 Grove St, Springfield, MA 01107
Multi FamilyProperty Type
0.10 acresLot Size
1897Year Built
$98/sq ftPrice per sq ft
6 carsParking Spaces

Description

Very affordable 3 family home with solid cashflow! 1st and 2nd floor units are occupied by tenants on written month to month leases; This is a perfect opportunity for an owner occupant or a savy investor looking for a reliable investment; long term tenants. Showings to be announced at a future date; group showings on specified days and times only. See attached Showing Schedule for next group showing date. Group showing to be held 5/7/2022 - see attached showing schedule for detailsVery affordable 3 family home with solid cashflow! 1st and 2nd floor units are occupied by tenants on written month to month leases; This is a perfect opportunity for an owner occupant or a savy investor looking for a reliable investment; long term tenants. Showings to be announced at a future date; group showings on specified days and times only. See attached Showing Schedule for next group showing date. Group showing to be held 5/7/2022 - see attached showing schedule for details
  • Listed by: Michael Andre • Gallagher Real Estate
Listing closed: 08/22/2022 12:00 AM • Source: MLS PIN, MLS#: 72977538

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Recent comparable sales

Median sold price

$385,000

Avg days on market

22

Sale-to-list ratio

101.9%

Springfield, MA

9 comparable properties found

$420,000 | 27 Waverly Street, Springfield, MA 01107
1/42
1

$420,000

Sold 03/07/25

8
Bedrooms
2,856
Square Feet
0.10
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a front view of a house
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Sold 03/31/26

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2,876
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Acres
$310,000 | 436-438 Franklin Street, Springfield, MA 01104
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Sold 08/27/26

8
Bedrooms
3,878
Square Feet
0.15
Acres
$500,000 | 12-14 Kendall Street, Springfield, MA 01104
1/42
4

$500,000

Sold 07/18/25

8
Bedrooms
2,769
Square Feet
0.11
Acres
$385,000 | 72 Waverly Street, Springfield, MA 01107
1/39
5

$385,000

Sold 03/21/25

8
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3,270
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0.10
Acres
$185,000 | 52-56 Andrew Street, Springfield, MA 01109
1/5
6

$185,000

Sold 03/25/26

8
Bedrooms
3,247
Square Feet
0.12
Acres
$300,000 | 18 Wendell Place, Springfield, MA 01105
1/43
7

$300,000

Sold 07/07/26

8
Bedrooms
3,496
Square Feet
Unavailable
Acres
$460,000 | 171 Massasoit Street, Springfield, MA 01107
1/43
8

$460,000

Sold 04/24/25

8
Bedrooms
3,312
Square Feet
0.15
Acres
a front view of a building with a garden and plants
1/42
9

$435,000

Sold 06/27/25

8
Bedrooms
3,231
Square Feet
0.10
Acres

Location

Listing Courtesy of Gallagher Real Estate, Michael Andre
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$1,729 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,468

Property Taxes

$262

HOA Dues

$0

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Property Information for 16 Grove Street

Property Details
  • Taxes: $3,143 / year
  • MLS Type: Multi-family / 3 Family - 3 Units Up/Down
  • Town: Springfield
  • Area: MA-Springfield
  • Garage Spaces: 0
  • Open Parking Spaces: 6.00
  • Parking Spaces Total: 6
Building Information
  • Stories: 4
  • Residences: 3
  • Year Built: 1897
  • Lot Size: 0.10 AC / 4,500 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 2793.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Kitchen, Living RM/Dining RM Combo)
Exterior Features
  • Construction: Frame, Brick
  • Lot Description: Level
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Heating: Unit 1(Steam), Unit 2(Steam), Unit 3(Steam)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: Seller Has Never Lived In Home; All Financials Provided From Previous Owner; All Information Contained Herein Is Based On 3rd Party Information; Seller Makes No Representations Or Guarantees Of Accuracy For Information Provided ; Buyers Agent To Confirm All; Buyer Responsible For Due Dilligence.
Tax Information
  • Tax ID: 2587232
  • Assessments: $166,300
  • Book: 24509
  • Tax Year: 2021
  • Zoning: r2
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Irregular
Income / Expenses
  • GOI: $30,600.00
  • Insurance: $2,066.00
  • GRE: $9,588
  • RFS: $270
  • RME: $819
  • NOI: $20,745.00
  • Operating Expense: $9,588.00
  • WSE: $3,363.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $2,550.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 16 Grove Street

DateEvent & SourcePriceAppreciation
Aug 22, 2022

Sold

MLS PIN #72977538

$274,900—
Jul 29, 2022

Price Change

MLS PIN #72977538

$269,900—
Jul 6, 2022

Under Agreement

MLS PIN #72977538

—
DateEvent & SourcePrice
08/22/2022

Sold

MLS PIN #72977538

$274,900
07/29/2022

Price Change

MLS PIN #72977538

$269,900
07/06/2022

Under Agreement

MLS PIN #72977538

—

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

Public Records for 16 Grove Street

Taxable ValueLand$29,500Additions$253,200Total$282,700
Tax Record2025$4,433 ($369 / month)
Home Facts
Baths3Total Finished SqFt2,941 SqFtAbove Grade Finished SqFt2,941 SqFtStories2Lot Size4,500 SqFtStyleTriplexYear Built1897Year Renovated1897ZoningR2CountyHAMPDENAPNSPRI S:06110 P:0004

Schools near 16 Grove 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
German Gerena Community School
PublicPK to 5

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

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 16 Grove Street, Springfield, MA 01107
$274,900
8
2,793
4,500
$325,000
7
2,244
4,486
–
–
1
74,500
3,206
$23,500
–
3
2,909
4,500
–
–
–
3,076
–
–
–
3
2,280
5,001

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 Gallagher Real Estate, Michael Andre

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.