Last Sold Price
9 beds3,621 sqft$90/sqft
564 Chestnut St, Springfield, MA 01107

Description

Welcome to your next investment opportunity or potential rent-free living situation! This spacious multi-family property in the heart of Springfield offers 9 bedrooms, 3 bathrooms, and the flexibility to convert back to its original 3-family layout. With nearby amenities and rental income potential, it's an ideal option for investors or living rent-free while tenants cover the expenses. Don't miss out on this prime real estate opportunity!Welcome to your next investment opportunity or potential rent-free living situation! This spacious multi-family property in the heart of Springfield offers 9 bedrooms, 3 bathrooms, and the flexibility to convert back to its original 3-family layout. With nearby amenities and rental income potential, it's an ideal option for investors or living rent-free while tenants cover the expenses. Don't miss out on this prime real estate opportunity!
LISTING CLOSED: 04/08/2024 12:00 AM

  1. Listed by Jennifer Vega • Fathom Realty

Property Details for 564 Chestnut Street

Status
MLS #
73200686
Days on Market
19
Taxes
$3,998 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 2 Family
Year Built
1910
Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Open Parking Spaces
2.00
Parking Spaces Total
2

Location

Listing Courtesy of Fathom Realty, Jennifer Vega

Sold By Mega Realty Services, Murillo Abdalla

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Building Information for 564 Chestnut Street

Stories6Residences3Year Built1910Building Size-Lot Size0.11 AC / 5,001 SF

Payment Calculator

$1,995 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,662

Property Taxes

$333

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 564 Chestnut Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Medical Facility, Highway Access, House of Worship, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 3621.0
  • 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
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
  • Electric: Circuit Breakers
  • 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: Buyer & Buyers agent to do due diligence for possible conversion from 2 to 3 family
Tax Information
  • Tax ID: S:02750 P:0167,2578115
  • Assessments: $234,500
  • Book: 9738
  • Tax Year: 2023
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Block
Income / Expenses
  • GOI: $43,200.00
  • NOI: $43,200.00
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: 2
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,600.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 564 Chestnut Street

DateEvent & SourcePriceAppreciation
Apr 8, 2024

Sold

MLS PIN #73200686

$327,000
Feb 13, 2024

Under Agreement

MLS PIN #73200686

Feb 13, 2024

Contingent

MLS PIN #73200686

DateEvent & SourcePrice
04/08/2024

Sold

MLS PIN #73200686

$327,000
02/13/2024

Under Agreement

MLS PIN #73200686

02/13/2024

Contingent

MLS PIN #73200686

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

Public Records for 564 Chestnut Street

Taxable ValueLand$30,000Additions$247,100Total$277,100
Tax Record2025$4,345 ($362 / month)
Home Facts
Baths3Total Finished SqFt3,834 SqFtAbove Grade Finished SqFt3,834 SqFtStories3Lot Size5,001 SqFtStyleTriplexYear Built1910ZoningR2CountyHAMPDENAPNSPRI S:02750 P:0167

Schools near 564 Chestnut 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 Fathom Realty, Jennifer Vega

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.