18 Fairmount St

5,406 Sq. Ft.
$80 / Sq. Ft.
5,406
Sq. Ft.
$80
per Sq. Ft.

Description

Investor ready-fully rented with established tenants. 2 units one the lefts side have 2 bedrooms and 2 units on right side have one bedroom. 3 main hall common areas. Main hall is the main entrance for all units and the two halls one each side of building have covered entrances that also lead to open basement. There are two laundry hook ups in the basement. All appliances belong to owner. Roof replaced in 2016 with 30 year shingle. Electric has been updated - no knob and tube and there is an owner...Investor ready-fully rented with established tenants. 2 units one the lefts side have 2 bedrooms and 2 units on right side have one bedroom. 3 main hall common areas. Main hall is the main entrance for all units and the two halls one each side of building have covered entrances that also lead to open basement. There are two laundry hook ups in the basement. All appliances belong to owner. Roof replaced in 2016 with 30 year shingle. Electric has been updated - no knob and tube and there is an owner panel - most lights hooked to owner panel are on timers. Area in back of house could be used for parking. two of the four units have delead certificate. 2 of 4 boilers are newer and one of those a month old. First unit on left has 9 new windows. flow of pictures are 2nd floor left (unit 2), 2nd floor right (unit 4), first floor left (unit 1) and first floor right (unit 3). right side of house are 1 bedroom and left side are 2 bedroom.
  1. Listed by Nicolle Serafino • RE/MAX Connections
  2. Listed by Harvey Roettinger • RE/MAX Connections

Property Details for 18 Fairmount Street

Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Open Parking Spaces
8.00
Parking Spaces Total
8
LISTING CLOSED: 01/29/2024 12:00 AM

Property Details for 18 Fairmount Street

StatusSold
MLS #73185267
Days on Market35
Taxes$4,817 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1920
CountyHampden County

Location

Listing Courtesy of RE/MAX Connections, Nicolle Serafino; RE/MAX Connections, Harvey Roettinger

Sold By RE/MAX Diverse, Hejoma M. Garcia

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Building Information for 18 Fairmount Street

Stories6Residences4Year Built1920Building Size-Lot Size0.11 AC / 5,001 SF

Payment Calculator

$2,587 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,186

Property Taxes

$401

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 18 Fairmount Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Current Financing: FHA
  • Living Area: 5406.0
  • Color: yellow/tan
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Unit 3(Range, Unit 4(Range, Utility Connections for Gas Range, Utility Connections for Electric Range
  • Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
  • 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: Unit 1(undefined), Unit 2(Hardwood Floors, Wood Flooring, Wall to Wall Carpet), Unit 3(Hardwood Floors), Unit 4(Tile Floor, Hardwood Floors)
  • Interior Features: Unit 1(Pantry, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower), Unit 2(Pantry, Unit 3(Pantry, Unit 4(Pantry, Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
  • Laundry Features: Laundry Room, Washer Hookup
  • SpaYN: No
Exterior Features
  • Fencing: Fenced/Enclosed
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway, Other
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway, Other
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Cooling: No
  • Electric: Circuit Breakers
  • Heating: Unit 1(Steam, Gas), Unit 2(Steam, Unit 3(Steam, Unit 4(Steam
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: All water heaters are rented from American Home Solutions at $1350 per year and owner will transfer
Tax Information
  • Tax ID: 2583980
  • Assessments: $282,500
  • Book: 14170
  • Tax Year: 2023
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 6
Other Building Characteristics
  • Accessibility Features: Unit 2 Handicapped Equipped
  • Foundation: Block
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • Electricity: $975.00
  • GOI: $53,400.00
  • Gross Scheduled Income: $.00
  • Insurance: $3,848.00
  • GRE: $14,641
  • HTE: $0
  • MSE: $1,350
  • RFS: $1,920
  • NOI: $38,759.00
  • Operating Expense: $14,641.00
  • WSE: $1,734.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • 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: $4,455.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 0

Property History for 18 Fairmount Street

DateEvent & SourcePriceAppreciation
Jan 29, 2024

Sold

MLS PIN #73185267

$430,000
Dec 22, 2023

Under Agreement

MLS PIN #73185267

Dec 22, 2023

Contingent

MLS PIN #73185267

DateEvent & SourcePrice
01/29/2024

Sold

MLS PIN #73185267

$430,000
12/22/2023

Under Agreement

MLS PIN #73185267

12/22/2023

Contingent

MLS PIN #73185267

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

Public Records for 18 Fairmount Street

Taxable ValueLand$36,800Additions$321,600Total$358,400
Tax Record2025$5,620 ($468 / month)
Home Facts
Total Finished SqFt5,406 SqFtAbove Grade Finished SqFt5,406 SqFtStories2Lot Size5,001 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningR2CountyHAMPDENAPNSPRI S:04870 P:0004

Schools near 18 Fairmount 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
Washington School
PublicPK to 5

Forest Park 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 RE/MAX Connections, Nicolle Serafino; RE/MAX Connections, Harvey Roettinger

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.