Sold
Last Sold Price
4 beds1,764 sqft
406-408 Fernbank Rd, Springfield, MA 01129
Multi FamilyProperty Type
0.31 acresLot Size
1984Year Built
$102/sq ftPrice per sq ft
4 carsParking Spaces

Description

Multi-family opportunity! Property manager in place to do the maintenance while you collect income! This Duplex/Multi-family has been well maintained and has BIG EARNING POTENTIAL! Newer roof and updated windows along with some newer kitchen & bath cabinets. Spacious 2 bedroom, 1.5 bath, eat-in kitchen with stove and refrigerator, living room, basement with laundry hookups, and natural gas heat. Electric heat backup. Convenient location close to Boston Rd shopping, restaurants, and public transportation!...Multi-family opportunity! Property manager in place to do the maintenance while you collect income! This Duplex/Multi-family has been well maintained and has BIG EARNING POTENTIAL! Newer roof and updated windows along with some newer kitchen & bath cabinets. Spacious 2 bedroom, 1.5 bath, eat-in kitchen with stove and refrigerator, living room, basement with laundry hookups, and natural gas heat. Electric heat backup. Convenient location close to Boston Rd shopping, restaurants, and public transportation! Separate driveway access via 414-416 Fernbank Rd. leads to ample parking with individual unit driveways. INVESTORS take notice- this can be sold with neighboring properties 414-416 Fernbank Rd (MLS 72583011), 249-251 Kent Rd (MLS 72571482) , 253A&B Kent Rd (MLS 72571483), and 255-257 Kent Rd (MLS 72571485). Tenants have been in place for several years and want to stay! Please DO NOT DISTURB tenants.
  • Listed by: Grace Goddard • Keller Williams Realty
Listing closed: 01/15/2020 12:00 AM • Source: MLS PIN, MLS#: 72583009

Recent comparable sales

Median sold price

$372,000

Avg days on market

36

Sale-to-list ratio

98.6%

Springfield, MA

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$389,900 | 161 Fernbank Road, Springfield, MA 01129
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Location

Listing Courtesy of Keller Williams Realty, Grace Goddard

Sold By Berkshire Hathaway HomeServices Realty Professionals, Jose Rodriguez

Add your commute

Payment Calculator

$1,227 per month

30 year fixed, 6.71% Interest

Principal and Interest

$930

Property Taxes

$297

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 406-408 Fernbank Road

Property Details
  • Taxes: $3,562 / year
  • MLS Type: Multi-family / Duplex
  • Town: Springfield
  • Area: MA-Springfield
  • Garage Spaces: 0
  • Parking Spaces Total: 4
Building Information
  • Stories: 6
  • Residences: 2
  • Year Built: 1984
  • Lot Size: 0.31 AC / 13,673 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 1764.0
  • Color: yellow
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full
  • Num of Baths: 4.0
  • Num of Full Baths: 2
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Vinyl, Carpet, Unit 1(undefined), Unit 2(Wall to Wall Carpet)
  • Interior Features: Unit 1(Bathroom With Tub), Unit 2(Bathroom With Tub), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Lot Description: Cleared, Level
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Paved Driveway, Other
  • Open Parking: Yes
  • Parking Features: Paved Drive, Paved Driveway, Other
  • Parking Features: Paved Driveway
Utilities
  • Cooling: Unit 1(None), Unit 2(None)
  • Cooling: No
  • Electric: Circuit Breakers
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Please do not disturb tenants. Seller has not lived in property. Property management company has maintained the properties for several years. Separate driveway access via 414-416 Fernbank Rd,Springfield,MA
Tax Information
  • Listing Terms: Contract
  • Tax ID: S:05070 P:0088,2584388
  • Assessments: $181,000
  • Book: 5836
  • Tax Year: 2019
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter
Income / Expenses
  • Annual Expenses Source: Other (See Remarks)
  • GOI: $21,600.00
  • NOI: $21,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 3
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 3
Rental Info
Rental Info
  • Total Actual Rent: $1,800.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 0

Property History for 406-408 Fernbank Road

DateEvent & SourcePriceAppreciation
Jan 15, 2020

Sold

MLS PIN #72583009

$180,000
Nov 2, 2019

Under Agreement

MLS PIN #72583009

Nov 2, 2019

Contingent

MLS PIN #72583009

DateEvent & SourcePrice
01/15/2020

Sold

MLS PIN #72583009

$180,000
11/02/2019

Under Agreement

MLS PIN #72583009

11/02/2019

Contingent

MLS PIN #72583009

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

Public Records for 406-408 Fernbank Road

Taxable ValueLand$59,500Additions$246,100Total$305,600
Tax Record2024$4,908 ($409 / month)
Home Facts
Baths3Total Finished SqFt1,764 SqFtAbove Grade Finished SqFt1,764 SqFtStories2Lot Size13,673 SqFtStyleDuplexYear Built1984ZoningR2CountyHAMPDENAPNSPRI S:05070 P:0088

Schools near 406-408 Fernbank Road

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
Warner School
PublicPK to 5

Kiley Academy
Public6 to 8

Springfield Central High School
Public9 to 12

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 Keller Williams Realty, Grace Goddard

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.