Sold
Last Sold Price
8 beds6,072 sqft$104/sqft
238-240 Union St, Springfield, MA 01105
Multi FamilyProperty Type
7,736 sq ftLot Size
1880Year Built
$104/sq ftPrice per sq ft

Description

Attention investors! RARE opportunity to purchase this Incredible 6 Unit Brick Apartment Building to provide a positive cash flow. Located within walking distance to the MGM Casino and in a Local Historic District. These beautiful apartments come with fireplaces, individual gas furnaces with central air conditioning and over 9 foot ceilings. Two units are 2 bedrooms and four units are 1 bedrooms. Separate utilities for heat and electric. Landlord provides hot water for all units. Over 10 parking...Attention investors! RARE opportunity to purchase this Incredible 6 Unit Brick Apartment Building to provide a positive cash flow. Located within walking distance to the MGM Casino and in a Local Historic District. These beautiful apartments come with fireplaces, individual gas furnaces with central air conditioning and over 9 foot ceilings. Two units are 2 bedrooms and four units are 1 bedrooms. Separate utilities for heat and electric. Landlord provides hot water for all units. Over 10 parking spaces available.
  • Listed by: Patriot Living Group • Lock and Key Realty Inc.
  • Listed by: Alberto Ayala • Lock and Key Realty Inc.
Listing closed: 02/29/2024 12:00 AM • Source: MLS PIN, MLS#: 73186506

Location

Listing Courtesy of Lock and Key Realty Inc., Patriot Living Group; Lock and Key Realty Inc., Alberto Ayala

Sold By Keller Williams Realty, Bernice Osborne

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Payment Calculator

$3,803 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,256

Property Taxes

$547

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 238-240 Union Street

Property Details
  • Taxes: $6,568 / year
  • MLS Type: Multi-family / 5-9 Family
  • Town: Springfield
  • Area: MA-Springfield
  • Garage Spaces: 0
  • Open Parking Spaces: .00
Building Information
  • Stories: 9
  • Residences: 6
  • Year Built: 1880
  • Lot Size: 0.18 AC / 7,736 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation
  • Current Financing: Conv. Fixed
  • Living Area: 6072.0
  • Color: Brick
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Construction: Brick
  • Exterior Features: Deck - Roof
  • Patio And Porch Features: Deck - Roof
  • Roof Material: Rubber
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: Central Air
  • Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Seller has never lived at property. Ownership LLC. are licensed real estate salespersons.
Tax Information
  • Listing Terms: Contract
  • Tax ID: S:11750 P:0058,2609706
  • Assessments: $385,200
  • Book: 25241
  • Tax Year: 2023
  • Zoning: C1
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Frontage: 62.00
  • Cooling Units: 6
  • Heat Units: 6
Income / Expenses
  • GOI: $71,400.00
  • NOI: $71,400.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,800.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 238-240 Union Street

DateEvent & SourcePriceAppreciation
Feb 29, 2024

Sold

MLS PIN #73186506

$630,000
Dec 30, 2023

Under Agreement

MLS PIN #73186506

Dec 30, 2023

Contingent

MLS PIN #73186506

DateEvent & SourcePrice
02/29/2024

Sold

MLS PIN #73186506

$630,000
12/30/2023

Under Agreement

MLS PIN #73186506

12/30/2023

Contingent

MLS PIN #73186506

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

Public Records for 238-240 Union Street

Taxable ValueLand$24,100Additions$493,400Total$517,500
Tax Record2024$8,311 ($693 / month)
Home Facts
Total Finished SqFt8,118 SqFtAbove Grade Finished SqFt8,118 SqFtStories3Lot Size7,736 SqFtStyleMulti-Family Res (5+ Units)Year Built1880ZoningC1CountyHAMPDENAPNSPRI S:11750 P:0058

Schools near 238-240 Union 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
Milton Bradley School
PublicPK to 5

South End 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

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 238-240 Union Street, Springfield, MA 01105
$630,000
8
6,072
7,736
$1,881,796
8,118
7,736
$5,600,000
65
55,280
49,423
$147,000
2
22,497
$147,000
5,280
55,280
49,423

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 Lock and Key Realty Inc., Patriot Living Group; Lock and Key Realty Inc., Alberto Ayala

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.