524 Armory St

3,753 Sq. Ft.
$100 / Sq. Ft.
3,753
Sq. Ft.
$100
per Sq. Ft.

Description

Welcome to an exceptional investment opportunity in the heart of Springfield. This multi-family property presents an enticing prospect for investors seeking real estate in a prime location Second floor is vacant and basement are available for immediate showings. First & third floor have long term tenants. Please, Do Not Disturb the tenants. Don't miss out on this opportunity to secure a well-positioned, income-producing multi-family. Whether you're an experienced investor looking to expand your portfolio...Welcome to an exceptional investment opportunity in the heart of Springfield. This multi-family property presents an enticing prospect for investors seeking real estate in a prime location Second floor is vacant and basement are available for immediate showings. First & third floor have long term tenants. Please, Do Not Disturb the tenants. Don't miss out on this opportunity to secure a well-positioned, income-producing multi-family. Whether you're an experienced investor looking to expand your portfolio or just starting on your real estate investment journey, this property is a must-see! This home is conveniently located near Baystate Medical & Mercy Hospitals, MGM Casino with easy access to major highways. This home has a lot of potential, make your appointment today.
  1. Listed by Lynn Raleigh • Right Key Realty Inc.

Property Details for 524 Armory Street

Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Open Parking Spaces
4.00
Parking Spaces Total
4
LISTING CLOSED: 11/02/2023 12:00 AM

Property Details for 524 Armory Street

StatusSold
MLS #73162706
Days on Market3
Taxes$2,711 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1903
CountyHampden County
Add your commute

Building Information for 524 Armory Street

Stories6Residences3Year Built1903Building Size-Lot Size0.12 AC / 5,249 SF

Payment Calculator

$2,132 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,906

Property Taxes

$226

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 524 Armory Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: FHA
  • Living Area: 3753.0
  • Color: Yellow
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • 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
  • SpaYN: No
Exterior Features
  • Exterior Features: Porch
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • 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
  • 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: Being sold "As Is". Certified funds for deposit. Seller reserves the right to accept an offer at any time. Tenants have been there long term. Show vacant second floor unit and basement,occupied units can be shown with accepted offer.
Tax Information
  • Tax ID: 2571662
  • Assessments: $159,000
  • Book: 8475
  • Tax Year: 2023
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Block
Income / Expenses
  • GOI: $22,260.00
  • NOI: $22,260.00
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
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Lease U4: N
Rental Info
Rental Info
  • Total Actual Rent: $1,855.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 0

Property History for 524 Armory Street

DateEvent & SourcePriceAppreciation
Nov 2, 2023

Sold

MLS PIN #73162706

$375,000
Sep 24, 2023

Under Agreement

MLS PIN #73162706

Sep 24, 2023

Contingent

MLS PIN #73162706

DateEvent & SourcePrice
11/02/2023

Sold

MLS PIN #73162706

$375,000
09/24/2023

Under Agreement

MLS PIN #73162706

09/24/2023

Contingent

MLS PIN #73162706

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

Public Records for 524 Armory Street

Taxable ValueLand$30,300Additions$346,700Total$377,000
Tax Record2025$5,911 ($493 / month)
Home Facts
Baths3Total Finished SqFt3,695 SqFtAbove Grade Finished SqFt3,695 SqFtStories2Lot Size5,249 SqFtStyleTriplexYear Built1903ZoningR2CountyHAMPDENAPNSPRI S:00645 P:0112

Schools near 524 Armory 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
Boland School
PublicPK to 5

Van Sickle Academy
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.

Similar Homes

Nearby off-market homes

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 Right Key Realty Inc., Lynn Raleigh

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.