Last Sold Price
7 beds2,797 sqft$115/sqft
44-46 Lexington St, Springfield, MA 01107

Description

Excellent Investment opportunity. All 3 units are fully occupied. First and second units have 3 bedrooms each. Kitchens and baths have been updated. Letter Of Initial Lead Inspection Compliance is available. Blown in insulation, upgraded wiring, hard wire smoke detectors. Separate utilities are paid for by tenants. Hookups are provided by owner for washers and electric dryers. Conveniently located to BSMC, Mercy Hospital, medical offices, schools, highway access, shopping, places of worship. Tenants...Excellent Investment opportunity. All 3 units are fully occupied. First and second units have 3 bedrooms each. Kitchens and baths have been updated. Letter Of Initial Lead Inspection Compliance is available. Blown in insulation, upgraded wiring, hard wire smoke detectors. Separate utilities are paid for by tenants. Hookups are provided by owner for washers and electric dryers. Conveniently located to BSMC, Mercy Hospital, medical offices, schools, highway access, shopping, places of worship. Tenants own their appliances. Refrigerators, stoves, washers and dryers. Off-street parking.
LISTING CLOSED: 02/16/2024 12:00 AM

  1. Listed by Ann Paquette • Landmark, REALTORS®

Property Details for 44-46 Lexington Street

Status
MLS #
73182000
Days on Market
67
Taxes
$3,366 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 3 Family
Year Built
1894
Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Open Parking Spaces
3.00
Parking Spaces Total
3

Location

Listing Courtesy of Landmark, REALTORS®, Ann Paquette

Sold By Executive Real Estate, Inc., Xiaoming Zhao

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Building Information for 44-46 Lexington Street

Stories6Residences3Year Built1894Building Size-Lot Size0.14 AC / 6,090 SF

Payment Calculator

$1,917 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,637

Property Taxes

$281

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 44-46 Lexington 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: 2797.0
  • Color: Brown
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(None), Unit 2(None), Unit 3(None), Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Vinyl, Vinyl / VCT
  • Interior Features: Unit 1(Ceiling Fans, Bathroom With Tub & Shower), Unit 2(Ceiling Fans, Unit 3(Ceiling Fans, Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Exterior Features: Porch
  • Lot Description: Level
  • Patio And Porch Features: Porch
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Cooling: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating: Unit 1(Hot Water Radiators, Gas), Unit 2(Forced Air, Unit 3(Gas, Electric, Wall Unit, Hot Air Gravity)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • 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 Surface Type: Paved
  • Disclosures: Leases are self renewing at each Six month interval,unless a thirty day written termination is given prior to the end of the term.
Tax Information
  • Tax ID: S:07745 P:0015,2591827
  • Assessments: $197,400
  • Book: 10185
  • Tax Year: 2023
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Foundation Area: 0.0
  • Frontage: 45.00
  • Cooling Units: 0
  • Heat Units: 3
Income / Expenses
  • GOI: $42,960.00
  • Insurance: $2,864.00
  • GRE: $4,949
  • RFS: $180
  • NOI: $42,960.00
  • Operating Expense: $4,949.00
  • WSE: $1,905.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,580.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2.5

Property History for 44-46 Lexington Street

DateEvent & SourcePriceAppreciation
Feb 16, 2024

Sold

MLS PIN #73182000

$322,000
Jan 24, 2024

Under Agreement

MLS PIN #73182000

Jan 7, 2024

Contingent

MLS PIN #73182000

DateEvent & SourcePrice
02/16/2024

Sold

MLS PIN #73182000

$322,000
01/24/2024

Under Agreement

MLS PIN #73182000

01/07/2024

Contingent

MLS PIN #73182000

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

Public Records for 44-46 Lexington Street

Taxable ValueLand$31,100Additions$197,600Total$228,700
Tax Record2024$3,673 ($306 / month)
Home Facts
Baths3Total Finished SqFt2,797 SqFtAbove Grade Finished SqFt2,797 SqFtStories2Lot Size6,090 SqFtStyleTriplexYear Built1894ZoningR2CountyHAMPDENAPNSPRI S:07745 P:0015

Schools near 44-46 Lexington 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
Lincoln Elementary School
PublicPK to 5

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 Landmark, REALTORS®, Ann Paquette

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.