Sold
Last Sold Price
10 beds3,377 sqft
58 Johnson St, Springfield, MA 01108
Multi FamilyProperty Type
0.12 acresLot Size
1922Year Built
$121/sq ftPrice per sq ft
5 carsParking Spaces

Description

Well cared for and maintained 4 unit home for sale, completely turn key. All units have Lead Certificates and are separately metered for utilities as well as an owners panel for common areas. Inside you will find well kept units featuring hardwood floors and updated kitchens and baths and clean freshly painted common areas. In the basement there are 4 updated gas heating systems as well as gas water heaters. With nearly $5k in monthly rents (and the opportunity to increase rents to market rate beyond...Well cared for and maintained 4 unit home for sale, completely turn key. All units have Lead Certificates and are separately metered for utilities as well as an owners panel for common areas. Inside you will find well kept units featuring hardwood floors and updated kitchens and baths and clean freshly painted common areas. In the basement there are 4 updated gas heating systems as well as gas water heaters. With nearly $5k in monthly rents (and the opportunity to increase rents to market rate beyond that) this home will cash flow immediately either for an investor or owner occupied buyers. Vinyl Siding and Vinyl replacement windows make exterior maintenance easy! Make this property yours today. Showings by appointment only during approved windows as listed on Showingtime. No showings before Friday at 4PM. Fully Occupied, one lease ending November 2022, Two end January 30, 2023 and one ends March 31, 2023. No units will be guaranteed vacant at closing.
  • Listed by: MJC Home Team • Keller Williams Boston Metrowest
  • Listed by: Elizabeth Anderson • Keller Williams Boston Metrowest
Listing closed: 11/18/2022 12:00 AM • Source: MLS PIN, MLS#: 73047336

Recent comparable sales

Median sold price

$459,000

Avg days on market

55

Sale-to-list ratio

99.0%

Springfield, MA

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Location

Listing Courtesy of Keller Williams Boston Metrowest, MJC Home Team; Keller Williams Boston Metrowest, Elizabeth Anderson

Sold By Centre Realty Group, Jeff Grand

Add your commute

Payment Calculator

$2,504 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,111

Property Taxes

$393

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 58 Johnson Street

Property Details
  • Taxes: $4,716 / year
  • MLS Type: Multi-family / 4 Family
  • Town: Springfield
  • Area: MA-Springfield
  • Garage Spaces: 0
  • Parking Spaces Total: 5
Building Information
  • Stories: 6
  • Residences: 4
  • Year Built: 1922
  • Lot Size: 0.12 AC / 5,201 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access
  • Current Financing: FHA
  • Living Area: 3377.0
  • Color: Tan
  • SqFt with Basement: No
  • Total Units: 4
  • 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: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Vinyl
Exterior Features
  • Construction: Frame
  • Lot Description: Level
  • Roof Material: Shingle
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
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: 2 units include utilities ONLY BECAUSE they are rented to Wayfinders and it is required. Seller states Wayfinders will increase rents to 1550/mo at end of the year. All Utilities are separately metered. BUYER/AGENT to verify all information.
Tax Information
  • Listing Terms: Contract
  • Tax ID: S:07125 P:0013,2589942
  • Assessments: $249,500
  • Book: 23119
  • Tax Year: 2021
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Block
Income / Expenses
  • Electricity: $5,040.00
  • Annual Expenses Source: Owner
  • GOI: $58,032.00
  • Gross Scheduled Income: $1,008.00
  • GRE: $7,948
  • NOI: $50,084.00
  • Operating Expense: $7,948.00
  • WSE: $1,900.00
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: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,836.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 0

Property History for 58 Johnson Street

DateEvent & SourcePriceAppreciation
Nov 18, 2022

Sold

MLS PIN #73047336

$408,500
Oct 18, 2022

Under Agreement

MLS PIN #73047336

Oct 18, 2022

Contingent

MLS PIN #73047336

DateEvent & SourcePrice
11/18/2022

Sold

MLS PIN #73047336

$408,500
10/18/2022

Under Agreement

MLS PIN #73047336

10/18/2022

Contingent

MLS PIN #73047336

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

Public Records for 58 Johnson Street

Taxable ValueLand$30,300Additions$333,100Total$363,400
Tax Record2025$5,698 ($475 / month)
Home Facts
Total Finished SqFt5,040 SqFtAbove Grade Finished SqFt5,040 SqFtUnfinished Basement SqFt1,680 SqFtStories2Lot Size5,201 SqFtStyleMulti-Family Res (5+ Units)Year Built1922Year Renovated1922ZoningR2CountyHAMPDENAPNSPRI S:07125 P:0013

Schools near 58 Johnson 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
Kensington International School
PublicPK to 5

Forest Park Middle School
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.

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Nearby home values

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 Keller Williams Boston Metrowest, MJC Home Team; Keller Williams Boston Metrowest, Elizabeth Anderson

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.