Last Sold Price
10 beds7,736 sqft$69/sqft
345-347 Bay St, Springfield, MA 01109

Description

Investors Take Notice! This 6 family home has been totally remodeled in 2016, as per previous owner, with newer roof, heating systems, kitchens, baths, plumbing, electricity, rear porch and decking, large parking lot in rear of home for tenants convenience. All the units have been lead certified. Tenants pay separate utilities. One unit is left vacant for showings for the sale all other units will be available for interested parties. Convenient location makes this a great rental or owner occupied...Investors Take Notice! This 6 family home has been totally remodeled in 2016, as per previous owner, with newer roof, heating systems, kitchens, baths, plumbing, electricity, rear porch and decking, large parking lot in rear of home for tenants convenience. All the units have been lead certified. Tenants pay separate utilities. One unit is left vacant for showings for the sale all other units will be available for interested parties. Convenient location makes this a great rental or owner occupied property!
LISTING CLOSED: 09/12/2022 12:00 AM

  1. Listed by Bette Lord-Hess • ERA M Connie Laplante

Property Details for 345-347 Bay Street

Status
MLS #
72941489
Days on Market
84
Taxes
$6,146 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 5+ Family - 5+ Units Up/Down
Year Built
1895
Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Open Parking Spaces
10.00
Parking Spaces Total
10

Location

Listing Courtesy of ERA M Connie Laplante, Bette Lord-Hess

Sold By Berkshire Hathaway Home Service New England Properties, Madeline Ceruti

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Building Information for 345-347 Bay Street

Stories7Residences6Year Built1895Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$3,232 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,719

Property Taxes

$512

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 345-347 Bay Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 7736.0
  • Color: Tan
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Electric Water Heater
  • Basement Features: Full, Bulkhead
  • 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: Yes
  • Fireplaces: 2
  • Interior Features: Unit 1(Lead Certification Available), Unit 2(Lead Certification Available), Unit 3(Lead Certification Available), Unit 4(Lead Certification Available)
Exterior Features
  • Construction: Frame
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Paved Driveway
  • Parking Features: Paved Driveway
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
  • Road Surface Type: Paved
  • Disclosures: Tenants Pay Utilities
Tax Information
  • Assessments: $325,200
  • Book: 15208
  • Tax Year: 2021
  • Zoning: Multi BI
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar
Income / Expenses
  • Electricity: $1,200.00
  • GOI: $60,000.00
  • Insurance: $3,100.00
  • GRE: $18,000
  • MGF: $3,600
  • RFS: $2,400
  • NOI: $42,000.00
  • Operating Expense: $18,000.00
  • WSE: $2,500.00
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
  • Lease U4: N
  • Levels U4: 2
Rental Info
Rental Info
  • Total Actual Rent: $4,970.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 345-347 Bay Street

DateEvent & SourcePriceAppreciation
Sep 12, 2022

Sold

MLS PIN #72941489

$535,000
Aug 1, 2022

Price Change

MLS PIN #72941489

$539,900
May 5, 2022

Under Agreement

MLS PIN #72941489

DateEvent & SourcePrice
09/12/2022

Sold

MLS PIN #72941489

$535,000
08/01/2022

Price Change

MLS PIN #72941489

$539,900
05/05/2022

Under Agreement

MLS PIN #72941489

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

Public Records for 345-347 Bay Street

Taxable ValueLand$24,800Additions$515,200Total$540,000
Tax Record2024$8,672 ($723 / month)
Home Facts
Total Finished SqFt7,736 SqFtAbove Grade Finished SqFt7,736 SqFtStories3Lot Size11,186 SqFtStyleMulti-Family Res (5+ Units)Year Built1895ZoningB2CountyHAMPDENAPNSPRI S:01085 P:0394Fireplace TypeHas Fireplace

Schools near 345-347 Bay 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
Rebecca M Johnson School
PublicPK to 5

Van Sickle Academy
Public6 to 8

High School Of Commerce
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 ERA M Connie Laplante, Bette Lord-Hess

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.