Sold
Last Sold Price
23 beds15,400 sqft$47/sqft
54 Patton St, Springfield, MA 01104
Multi FamilyProperty Type
4,831 sq ftLot Size
1900Year Built
$47/sq ftPrice per sq ft

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
  • Listed by: Anthony Nelson • Lock and Key Realty Inc.
Listing closed: 01/27/2020 12:00 AM • Source: MLS PIN, MLS#: 72569455

Location

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

Sold By MP Signature Realty LLC, Melinda Puzon

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Payment Calculator

$4,707 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,721

Property Taxes

$987

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 54 Patton Street

Property Details
  • Taxes: $11,841 / year
  • MLS Type: Multi-family / 5+ Family - 5+ Units Up/Down
  • Town: Springfield
  • Area: MA-Springfield
  • Garage Spaces: 0
  • Parking Spaces Total: 0
Building Information
  • Stories: 4
  • Residences: 12
  • Year Built: 1900
  • Lot Size: 0.11 AC / 4,831 SF
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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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.