Sold
Last Sold Price
18 beds8,000 sqft
279-287 Main St, Springfield, MA 01151
Multi FamilyProperty Type
0.34 acresLot Size
1898Year Built
$58/sq ftPrice per sq ft
10 carsParking Spaces

Description

Recently Renovated 6 Unit Income Producing Property with Lead Certificates! Easily one of the best investment properties available now! Fully occupied revenue generating income property that went under a complete top to bottom renovation within the last 8 years. This property is extremely well maintained and features 3 could be 4 bedrooms each unit allowing for upside in rents in the future. Each apartment has its own gas forced air heat unit, separate hot water heaters and electric meters. The building...Recently Renovated 6 Unit Income Producing Property with Lead Certificates! Easily one of the best investment properties available now! Fully occupied revenue generating income property that went under a complete top to bottom renovation within the last 8 years. This property is extremely well maintained and features 3 could be 4 bedrooms each unit allowing for upside in rents in the future. Each apartment has its own gas forced air heat unit, separate hot water heaters and electric meters. The building also has a coin operated laundry room. Private off street parking for the convenience of the tenants. Contact me today to schedule a showing
  • Listed by: Chester Ardolino • Berkshire Hathaway HomeServices Realty Professionals
Listing closed: 02/08/2021 12:00 AM • Source: MLS PIN, MLS#: 72730207

Location

Listing Courtesy of Berkshire Hathaway HomeServices Realty Professionals, Chester Ardolino

Sold By MP Signature Realty LLC, Melinda Puzon

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Payment Calculator

$2,903 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,391

Property Taxes

$513

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 279-287 Main Street

Property Details
  • Taxes: $6,150 / year
  • MLS Type: Multi-family / 5-9 Family
  • Town: Springfield
  • Area: MA-Springfield
  • Garage Spaces: 0
  • Parking Spaces Total: 10
Building Information
  • Stories: 9
  • Residences: 6
  • Year Built: 1898
  • Lot Size: 0.34 AC / 15,002 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
  • Current Financing: Conv. Fixed
  • Living Area: 8000.0
  • Color: Green
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full
  • 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
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch, Deck - Wood
  • Patio And Porch Features: Porch, Deck - Wood
  • 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
  • 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
Tax Information
  • Tax ID: S:08132 P:0248,2593666
  • Assessments: $314,900
  • Book: 19221
  • Tax Year: 2020
  • Zoning: B1
Building / Association Information
Living Characteristics
  • Beds Total: 18
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Heat Units: 6
Income / Expenses
  • Annual Expenses Source: Other (See Remarks)
  • GOI: $69,900.00
  • GRE: $20,885
  • NOI: $49,015.00
  • Operating Expense: $20,885.00
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: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,575.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5%
  • Other Agent Compensation: 2.5%

Property History for 279-287 Main Street

DateEvent & SourcePriceAppreciation
Feb 8, 2021

Sold

MLS PIN #72730207

$462,675
Sep 23, 2020

Contingent

MLS PIN #72730207

Sep 22, 2020

Listed (Active)

MLS PIN #72730207

$475,000
DateEvent & SourcePrice
02/08/2021

Sold

MLS PIN #72730207

$462,675
09/23/2020

Contingent

MLS PIN #72730207

09/22/2020

Listed (Active)

MLS PIN #72730207

$475,000

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

Schools near 279-287 Main 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
Indian Orchard Elementary School
PublicPK to 5

John F Kennedy 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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Listing Courtesy of Berkshire Hathaway HomeServices Realty Professionals, Chester Ardolino

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.