Last Sold Price
23 beds15,400 sqft$47/sqft
54 Patton St, Springfield, MA 01104

Description

Patton Apartments is a 12 unit Project Based Section 8 building. The building just recently received a 5 year renewal on the contract with annual rents increased by 2%. The building currently has a low REAC score and current owner is working through the repair (minor in nature and can provide list to anyone interested). The rents include Heat, HW, and Electric. The HW was recently replaced with 2 brand new on demand Navian systems. Overall the building is a solid brick building featuring 11 - 2 bedroom...Patton Apartments is a 12 unit Project Based Section 8 building. The building just recently received a 5 year renewal on the contract with annual rents increased by 2%. The building currently has a low REAC score and current owner is working through the repair (minor in nature and can provide list to anyone interested). The rents include Heat, HW, and Electric. The HW was recently replaced with 2 brand new on demand Navian systems. Overall the building is a solid brick building featuring 11 - 2 bedroom apartments and 1 - 1 bedroom apartment (2beds @ $1093 and 1bed@ $923). Please contact list agent with any questions. Open showings friday 10/11 @230
LISTING CLOSED: 01/27/2020 12:00 AM

  1. Listed by Anthony Nelson • Lock and Key Realty Inc.

Property Details for 54 Patton Street

Status
MLS #
72569455
Days on Market
34
Taxes
$11,841 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 5+ Family - 5+ Units Up/Down
Year Built
1900
Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Open Parking Spaces
.00

Location

Listing Courtesy of Lock and Key Realty Inc., Anthony Nelson

Sold By MP Signature Realty LLC, Melinda Puzon

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Building Information for 54 Patton Street

Stories4Residences12Year Built1900Building Size-Lot Size0.11 AC / 4,831 SF

Payment Calculator

$4,646 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,660

Property Taxes

$987

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 54 Patton Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 15400.0
  • Total Units: 12
  • 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: 12.0
  • Num of Full Baths: 12
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 12.00
  • Bathrooms Total Integer: 12
  • FireplaceYN: No
  • Fireplaces: 0
Exterior Features
  • Construction: Brick
  • Lot Description: Level
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Electric: Common
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: List Agent holds partial ownership interest in property. Buyer to complete all due dilegence
Tax Information
  • Tax ID: S:09557 P:0013,2600753
  • Assessments: $601,700
  • Book: 21803
  • Tax Year: 2019
  • Zoning: B1
Building / Association Information
Living Characteristics
  • Beds Total: 23
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Brick/Mortar
Income / Expenses
  • GOI: $24,300.00
  • NOI: $24,300.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $2,025.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 54 Patton Street

DateEvent & SourcePriceAppreciation
Jan 27, 2020

Sold

MLS PIN #72569455

$720,000
Jan 15, 2020

Sold (Public Record)

Public Record #662228713

$720,000

+4.0% / yr

Oct 28, 2019

Under Agreement

MLS PIN #72569455

DateEvent & SourcePrice
01/27/2020

Sold

MLS PIN #72569455

$720,000
01/15/2020

Sold (Public Record)

Public Record #662228713

$720,000

+4.0% / yr

10/28/2019

Under Agreement

MLS PIN #72569455

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

Public Records for 54 Patton Street

Taxable ValueLand$180,000Additions$885,200Total$1,065,200
Tax Record2025$16,702 ($1,392 / month)
Home Facts
Total Finished SqFt15,400 SqFtAbove Grade Finished SqFt15,400 SqFtStories4Lot Size4,831 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningB1CountyHAMPDENAPNSPRI S:09557 P:0013

Schools near 54 Patton 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
German Gerena Community 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 Lock and Key Realty Inc., Anthony Nelson

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.