40-42 Ranney St

2,535 Sq. Ft.
$154 / Sq. Ft.
2,535
Sq. Ft.
$154
per Sq. Ft.

Description

Discover your next lucrative investment opportunity! This charming 2-family home comes with an additional unit in the basement, offering endless potential. The first-floor unit will be delivered vacant, making it ideal for owner-occupancy or to rent at current market value. With plenty of off-street parking, convenience is guaranteed. The beautifully updated first-floor unit is move-in ready, offering a modern and comfortable living space. Don't miss out on this fantastic opportunity to own a versatile...Discover your next lucrative investment opportunity! This charming 2-family home comes with an additional unit in the basement, offering endless potential. The first-floor unit will be delivered vacant, making it ideal for owner-occupancy or to rent at current market value. With plenty of off-street parking, convenience is guaranteed. The beautifully updated first-floor unit is move-in ready, offering a modern and comfortable living space. Don't miss out on this fantastic opportunity to own a versatile property with excellent rental potential!
  1. Listed by New Homes Realty Group • Gallagher Real Estate
  2. Listed by Danny Adorno • Gallagher Real Estate

Property Details for 40-42 Ranney Street

Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Open Parking Spaces
6.00
Parking Spaces Total
6
LISTING CLOSED: 06/06/2025 12:00 AM

Property Details for 40-42 Ranney Street

StatusSold
MLS #73339875
Days on Market60
Taxes$4,646 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1922
CountyHampden County

Location

Listing Courtesy of Gallagher Real Estate, New Homes Realty Group; Gallagher Real Estate, Danny Adorno

Sold By RE/MAX IGNITE, Jacqueline Figueroa

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Building Information for 40-42 Ranney Street

Stories2Residences2Year Built1922Building Size-Lot Size0.16 AC / 6,761 SF

Payment Calculator

$2,369 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,982

Property Taxes

$387

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 40-42 Ranney Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: FHA
  • Living Area: 2535.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 4.0
  • Num of Full Baths: 3
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 3.50
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: S:10075 P:0007,2603079
  • Assessments: $289,300
  • Book: 21791
  • Tax Year: 2024
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 2
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Levels: 2
Income / Expenses
  • GOI: $10,800.00
  • NOI: $10,800.00
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
Unit 3 Description
  • Lease U3: N
Rental Info
Rental Info
  • Total Actual Rent: $2,334.00

Property History for 40-42 Ranney Street

DateEvent & SourcePriceAppreciation
Jun 6, 2025

Sold

MLS PIN #73339875

$389,999
Apr 11, 2025

Under Agreement

MLS PIN #73339875

Apr 11, 2025

Contingent

MLS PIN #73339875

DateEvent & SourcePrice
06/06/2025

Sold

MLS PIN #73339875

$389,999
04/11/2025

Under Agreement

MLS PIN #73339875

04/11/2025

Contingent

MLS PIN #73339875

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

Public Records for 40-42 Ranney Street

Taxable ValueLand$31,300Additions$258,000Total$289,300
Tax Record2024$4,646 ($387 / month)
Home Facts
Baths2.5Total Finished SqFt2,535 SqFtAbove Grade Finished SqFt2,535 SqFtStories2Lot Size6,761 SqFtStyleDuplexYear Built1922ZoningR3CountyHAMPDENAPNSPRI S:10075 P:0007

Schools near 40-42 Ranney 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
White Street School
PublicPK to 5

Forest Park 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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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 Gallagher Real Estate, New Homes Realty Group; Gallagher Real Estate, Danny Adorno

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.