Last Sold Price
9 beds3,488 sqft$72/sqft
253-255 Mill St, Springfield, MA 01108

Description

INVESTMENT OPPORTUITY: Investors and Owner Occupied Buyers alike take note! Fully rented 3-Family building located in a popular rental area with easy access to public amenities including major roadways, transportation, shopping, parks and entertainment. Each unit has 5 rooms, 3 bedrooms, 1 bath, a large eat-in kitchen and pantry, as well as hardwood flooring, updated kitchen and bath, and multiple porches. Major improvements include architectural roof, vinyl siding, vinyl replacement windows, 2020...INVESTMENT OPPORTUITY: Investors and Owner Occupied Buyers alike take note! Fully rented 3-Family building located in a popular rental area with easy access to public amenities including major roadways, transportation, shopping, parks and entertainment. Each unit has 5 rooms, 3 bedrooms, 1 bath, a large eat-in kitchen and pantry, as well as hardwood flooring, updated kitchen and bath, and multiple porches. Major improvements include architectural roof, vinyl siding, vinyl replacement windows, 2020 re-built rear porches, updated circuit breakers including owner's box, 2 newer gas boilers, one 2020 gas furnace, as well as newer (all rented) gas water tanks. Tenants enjoy one off-street parking space and basement storage spaces. Each unit is separately metered for gas and electric, and there is also a washer/dryer hook-up in the basement for future coin-op appliances. 3 Lead Compliance Letters; Professionally managed with long term tenants including 5+ years, 4 years and one at 6 months.
LISTING CLOSED: 01/29/2021 12:00 AM

Property Details for 253-255 Mill Street

Status
MLS #
72763728
Days on Market
19
Taxes
$3,070 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 3 Family
Year Built
1900
Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Parking Spaces Total
3

Location

Sold By Keller Williams Realty, Michelle Burgess

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Building Information for 253-255 Mill Street

Stories6Residences3Year Built1900Building Size-Lot Size0.10 AC / 4,500 SF

Payment Calculator

$1,527 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,271

Property Taxes

$256

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 253-255 Mill Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Current Financing: FHA
  • Living Area: 3488.0
  • Color: Biege
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Unit 3(Range, Gas Water Heater, Tankless Water Heater, Leased Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Basement Features: Full, Concrete Floor, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Vinyl, Laminate
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room
  • Laundry Features: Washer Hookup
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Lot Description: Level
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Tandem, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Tandem, Paved Driveway
  • Parking Features: Off-Street, Tandem, Paved Driveway
Utilities
  • Cooling: Unit 2(None), Unit 3(None)
  • Cooling: No
  • Electric: Circuit Breakers, Individually Metered
  • Green Energy Efficient: Thermostat, Varies per Unit
  • Heating: Unit 1(Forced Air, Gas), Unit 2(Electric Baseboard, Unit 3(Hot Water Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • UFFI: Yes
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: All three water tanks are individually rented for $27.80 per tank,per month ($83.40 total per month). All three leases are now on a Month-to-Month basis,rents are below market value. Fencing is AS IS... unknown as to who fencing belongs to.
Tax Information
  • Tax ID: S:08675 P:0111,2596039
  • Assessments: $157,200
  • Book: 16842
  • Tax Year: 2020
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 3
Income / Expenses
  • GOI: $29,400.00
  • NOI: $29,400.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $2,450.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1.25

Property History for 253-255 Mill Street

DateEvent & SourcePriceAppreciation
Jan 29, 2021

Sold

MLS PIN #72763728

$250,000
Dec 7, 2020

Contingent

MLS PIN #72763728

Dec 3, 2020

Listed (Active)

MLS PIN #72763728

$238,900
DateEvent & SourcePrice
01/29/2021

Sold

MLS PIN #72763728

$250,000
12/07/2020

Contingent

MLS PIN #72763728

12/03/2020

Listed (Active)

MLS PIN #72763728

$238,900

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

Public Records for 253-255 Mill Street

Taxable ValueLand$22,600Additions$251,800Total$274,400
Tax Record2024$4,407 ($367 / month)
Home Facts
Baths3Total Finished SqFt3,494 SqFtAbove Grade Finished SqFt3,494 SqFtStories3Lot Size4,500 SqFtStyleTriplexYear Built1900ZoningR2CountyHAMPDENAPNSPRI S:08675 P:0111

Schools near 253-255 Mill 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
Glickman Elementary 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: 253-255 Mill Street, Springfield, MA 01108
$250,000
9
3,488
4,500
$190,000
3
3,494
4,500
3
3,484
4,500
$20,000
3
3,382
4,552
$195,000
9
3,382
4,552
$180,000
3
3,395
4,813

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.

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.