5,196 Sq. Ft.
$48 / Sq. Ft.
5,196
Sq. Ft.
$48
per Sq. Ft.

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!
  1. Listed by Mirialys Hernandez • Coldwell Banker Realty - Longmeadow

Property Details for 29 Locust Street

Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Open Parking Spaces
2.00
Parking Spaces Total
2
LISTING CLOSED: 09/16/2021 12:00 AM

Property Details for 29 Locust Street

StatusSold
MLS #72825530
Days on Market98
Taxes$3,833 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1900
CountyHampden County

Location

Listing Courtesy of Coldwell Banker Realty - Longmeadow, Mirialys Hernandez

Sold By Acuna Real Estate, Eneida Martinez

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Building Information for 29 Locust Street

Stories6Residences4Year Built1900Building Size-Lot Size0.19 AC / 8,398 SF

Payment Calculator

$1,590 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,271

Property Taxes

$319

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 29 Locust Street

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 ValueLand$25,900Additions$308,300Total$334,200
Tax Record2025$5,240 ($437 / month)
Home Facts
Total Finished SqFt5,197 SqFtAbove Grade Finished SqFt5,197 SqFtStories2Lot Size8,398 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningB2CountyHAMPDENAPNSPRI 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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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 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.