Sold
Last Sold Price
4 beds5,196 sqft

29 Locust St, Springfield, MA 01108

Multi FamilyProperty Type
0.19 acresLot Size
1900Year Built
$48/sq ftPrice per sq ft
2 carsParking Spaces

Description

Investors take notice! Great income opportunity on this well maintained large 4 unit property. This property offers two studio apartments and two one bedroom apartments that have all been recently updated. There is also untapped potential on the extra space in the partially finished basement and partially finished walk up attic with another full bathroom. Close to the highway and Downtown Springfield. Two units are occupied and two are empty. Schedule your showing today!Investors take notice! Great income opportunity on this well maintained large 4 unit property. This property offers two studio apartments and two one bedroom apartments that have all been recently updated. There is also untapped potential on the extra space in the partially finished basement and partially finished walk up attic with another full bathroom. Close to the highway and Downtown Springfield. Two units are occupied and two are empty. Schedule your showing today!
Listing closed: 09/16/2021 12:00 AM • Source: MLS PIN, MLS#: 72825530
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Location

Listing Courtesy of Coldwell Banker Realty - Longmeadow, Mirialys Hernandez

Sold By Acuna Real Estate, Eneida Martinez

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Payment Calculator

$1,654 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,335

Property Taxes

$319

HOA Dues

$0

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Property Information for 29 Locust Street

Property Details

  • Taxes: $3,833 / year
  • MLS Type: Multi-family / 4 Family
  • Town: Springfield
  • Area: MA-Springfield
  • Garage Spaces: 0
  • Open Parking Spaces: 2.00
  • Parking Spaces Total: 2

Building Information

  • Stories: 6
  • Residences: 4
  • Year Built: 1900
  • Lot Size: 0.19 AC / 8,398 SF

General Details

Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Highway Access
  • Current Financing: FHA
  • Living Area: 5196.0
  • Color: gray
  • Total Units: 4
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled, Unit 4 Remodeled
  • Waterfront: No
  • Year Built Details: Unknown/Mixed
  • Year Built Source: Public Records

Features

Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full, Partially Finished
  • Num of Baths: 5.0
  • Num of Full Baths: 5
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 5
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Vinyl, Laminate, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)
  • Interior Features: Unit 1(Studio, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower), Unit 2(Upgraded Cabinets, Bathroom With Tub & Shower, Open Floor Plan), Unit 3(Studio, Unit 4(Upgraded Cabinets, Unit 1 Rooms(Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Kitchen), Unit 4 Rooms(Living Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Lot Description: Corner Lot
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Heating: Unit 2(Hot Water Radiators), Unit 3(Hot Water Radiators), Unit 4(Hot Water Radiators)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public

Property Information

Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Two studio apartments are empty and two one bedroom apartments have tenants. Tenants are month to month. Utilities are not separate and are paid by owner. Fire escape on right hand side currently being added. Seller does not live on property. APO
Tax Information
  • Tax ID: S:07860 P:0130,2592304
  • Assessments: $202,800
  • Book: 14441
  • Tax Year: 2021
  • Zoning: B2

Building / Association Information

Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Brick/Mortar
Income / Expenses
  • Electricity: $2,100.00
  • Annual Expenses Source: Owner
  • GOI: $15,600.00
  • GRE: $10,104
  • HTE: $6,600
  • NOI: $5,496.00
  • Operating Expense: $10,104.00
  • WSE: $1,404.00

Unit Information

Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1

Rental Info

Rental Info
  • Total Actual Rent: $1,300.00

Market and Agent Information

Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 0

Property History for 29 Locust Street

DateEvent & SourcePriceAppreciation
Sep 16, 2021

Sold

MLS PIN #72825530

$250,000—
Jul 16, 2021

Under Agreement

MLS PIN #72825530

—
Jul 16, 2021

Contingent

MLS PIN #72825530

—
DateEvent & SourcePrice
09/16/2021

Sold

MLS PIN #72825530

$250,000
07/16/2021

Under Agreement

MLS PIN #72825530

—
07/16/2021

Contingent

MLS PIN #72825530

—

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

Public Records for 29 Locust Street

Taxable Value

Land

$25,900

Additions

$308,300
Total$334,200

Tax Record

2025

$5,240 ($437 / month)

Home Facts

Total Finished SqFt

5,197 SqFt

Above Grade Finished SqFt

5,197 SqFt

Unfinished Basement SqFt

1,756 SqFt

Stories

2

Lot Size

8,398 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1900

Year Renovated

1900

Zoning

B2

County

HAMPDEN

APN

SPRI S:07860 P:0130

Schools near 29 Locust 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
Daniel B Brunton 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.

South End
South End
A diverse community with historic charm. A family-friendly and diverse neighborhood within range of the Prudential Center and the Back Bay skyline. Victorian row houses and well-maintained sidewalks lend the community a walkable and engaging vibe.

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Listing Courtesy of Coldwell Banker Realty - Longmeadow, Mirialys Hernandez

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.