Sold
Last Sold Price
5 beds2,669 sqft

344-346 Main St, Springfield, MA 01105

Multi FamilyProperty Type
0.12 acresLot Size
1912Year Built
$94/sq ftPrice per sq ft
4 carsParking Spaces

Description

Don't miss an affordable investment opportunity with this multi-family home located in the Indian Orchard section of Springfield. Conveniently located in close proximity to restaurants, shopping and schools, this property also presents an exciting opportunity for expansion. Currently classified in public records as a 3 family, this property has a third floor with 3 additional rooms offering the potential to add to the second floor unit square footage or if a second egress is added and permitted,...Don't miss an affordable investment opportunity with this multi-family home located in the Indian Orchard section of Springfield. Conveniently located in close proximity to restaurants, shopping and schools, this property also presents an exciting opportunity for expansion. Currently classified in public records as a 3 family, this property has a third floor with 3 additional rooms offering the potential to add to the second floor unit square footage or if a second egress is added and permitted, the potential to add a 3rd floor apartment! Both the 1st and 2nd floor units offer a large eat-in kitchen, living rm and a full bath. There are 2 bdrms on the 1st floor and the 2nd floor unit currently offers 3 bdrms. The property also boasts a full basement and a private fenced backyard. Don't miss out on this unique property! Property is being sold AS IS with tenants both in month to month leases. Buyer & Buyer's agent to verify all information and perform due diligence.
  • Listed by: Suzie Ice Team • Ideal Real Estate Services, Inc.
  • Listed by: Suzie Ice • Ideal Real Estate Services, Inc.
Listing closed: 05/13/2024 12:00 AM • Source: MLS PIN, MLS#: 73206140
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Recent comparable sales

Median sold price

$278,000

Avg days on market

21

Sale-to-list ratio

100.5%

Springfield, MA

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Location

Listing Courtesy of Ideal Real Estate Services, Inc., Suzie Ice Team; Ideal Real Estate Services, Inc., Suzie Ice

Sold By United Brokers, Jose Aguilar

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$1,585 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,335

Property Taxes

$250

HOA Dues

$0

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Property Information for 344-346 Main Street

Property Details

  • Taxes: $3,001 / year
  • MLS Type: Multi-family / 2 Family
  • Town: Springfield
  • MLS Area: Indian Orchard
  • Area: MA-Springfield-Indian Orchard, MA-Springfield
  • Garage Spaces: 0
  • Open Parking Spaces: 4.00
  • Parking Spaces Total: 4

Building Information

  • Stories: 3
  • Residences: 2
  • Year Built: 1912
  • Lot Size: 0.12 AC / 5,049 SF

General Details

Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 2669.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records

Features

Interior Features
  • Appliances: Refrigerator, Range
  • Basement Features: Full
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Living Room, Kitchen
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Fenced Yard, Porch - Enclosed
  • Fencing: Fenced
  • Patio And Porch Features: Enclosed
  • Roof Material: Shingle
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
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Tenants to remain with the sale. Both are in month to month leases. Property to be Sold AS-IS.
Tax Information
  • Tax ID: S:08132 P:0089,2593596
  • Assessments: $176,000
  • Book: 11678
  • Tax Year: 2023
  • Zoning: B1

Building / Association Information

Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Other
Income / Expenses
  • GOI: $24,000.00
  • NOI: $24,000.00
Complex & Association Information
  • Adult Community: No

Unit Information

Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1

Rental Info

Rental Info
  • Total Actual Rent: $2,000.00

Market and Agent Information

Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 2.0

Property History for 344-346 Main Street

DateEvent & SourcePriceAppreciation
May 13, 2024

Sold

MLS PIN #73206140

$250,000—
Mar 16, 2024

Under Agreement

MLS PIN #73206140

—
Mar 16, 2024

Contingent

MLS PIN #73206140

—
DateEvent & SourcePrice
05/13/2024

Sold

MLS PIN #73206140

$250,000
03/16/2024

Under Agreement

MLS PIN #73206140

—
03/16/2024

Contingent

MLS PIN #73206140

—

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

Schools near 344-346 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
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 344-346 Main Street, Springfield, MA 01105
$250,000
5
2,669
5,049
–
–
1
30,666
29,939
$130,000
5
2,131
5,001
–
–
–
9,180
–
$835,000
–
2
26,188
17,328
$205,000
–
7,983
–

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 Ideal Real Estate Services, Inc., Suzie Ice Team; Ideal Real Estate Services, Inc., Suzie Ice

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.