672 Chestnut Street

Sold 1/6/21

Last Sold Price

$370,000

3 beds4 baths3,708 sqft$100/sqft

672 Chestnut St, Springfield, MA 01107

Description

Mixed use building across from baystate medical. Charming Victorian with rounded spire covered by slate. Huge front porch. First floor is set up for office space with reception, conference room, break room and five separate offices. Full basement to expand operations into. Second and Third floors are income producing apartment rental units. Second floor has 2 bedroom unit and third floor has a 1 bedroom unit. Huge three story garage out back with two bays on ground level. Big parking lot with 16...Mixed use building across from baystate medical. Charming Victorian with rounded spire covered by slate. Huge front porch. First floor is set up for office space with reception, conference room, break room and five separate offices. Full basement to expand operations into. Second and Third floors are income producing apartment rental units. Second floor has 2 bedroom unit and third floor has a 1 bedroom unit. Huge three story garage out back with two bays on ground level. Big parking lot with 16 parking spots. Large lawn area to South of the building a separately taxed 6,032 square foot parcel that is build-able (verify with City). Entire property is located in an Opportunity Zone. The possibilities are endless for a builder or investor. Great space for a property management company, construction company, medical company or any service organization that benefits to the proximity to Baystate Medical or to Routes 91, 291, and 391.

LISTING CLOSED: 01/06/2021 12:00 AM

Listed by Robert Couture • CP Property Group, LLC
Listed by Veronique Leroy • CP Property Group, LLC
Listed by Matthew Scott • CP Property Group, LLC

Property Details for 672 Chestnut Street

Status

Sold

MLS #

72678802

Days on Market

100

Taxes

$5,564 / year

HOA Fees

Property Type

Multi Family

MLS Type

Multi-family / 3 Family

Year Built

1908

County

Hampden County

Town

Springfield

Area

MA-Springfield

Garage Spaces

Open Parking Spaces

16.00

Parking Spaces Total

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Location

Listing Courtesy of CP Property Group, LLC, Robert Couture; CP Property Group, LLC, Veronique Leroy; CP Property Group, LLC, Matthew Scott

Sold By Berkshire Hathaway HomeServices Realty Professionals, Manfred Karori

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Building Information for 672 Chestnut Street

Stories6Residences3Year Built1908Building Size-Lot Size0.21 AC / 9,252 SF

Payment Calculator

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$2,344 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,881

Property Taxes

$464

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 672 Chestnut Street

General Details

Property Details

Building Area Units: Square Feet
Community Features: Public Transportation, Park, Medical Facility, Highway Access, House of Worship, Public School, Sidewalks

Current Financing: FHA
Living Area: 3708.0
Color: White
Total Units: 3
Waterfront: No
Year Built Details: Renovated Since
Year Built Source: Public Records

Features

Interior Features

Appliances: Unit 2(Range, Dishwasher, Refrigerator), Unit 3(Range, Gas Water Heater
Basement Features: Full, Partially Finished, Interior Access, Bulkhead, Concrete Floor

Num of Baths: 4.0
Num of Full Baths: 3
Num of Half Baths: 1
Bathrooms Total Decimal: 3.50
Bathrooms Total Integer: 4
FireplaceYN: Yes
Fireplaces: 1
Flooring: Wood, Vinyl, Varies Per Unit, Laminate, Hardwood, Vinyl / VCT, Wood Laminate, Other
Interior Features: Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room

Exterior Features

Construction: Frame
Exterior Features: Balcony, Rain Gutters

Exterior Features: Balcony, Porch, Covered Patio/Deck
Lot Description: Corner Lot, Level
Patio And Porch Features: Porch, Covered
Roof Material: Shingle, Slate

Parking Features

Covered Spaces: 2.00
Garage: Yes

Garage Parking: Off-Street, Paved Driveway
Open Parking: Yes
Parking Features: Off-Street, Paved Driveway
Parking Features: Off-Street, Paved Driveway

Utilities

Cooling: Unit 2(Central Air), Unit 3(Central Air)
Cooling: Yes

Electric: Circuit Breakers
Green Energy Efficient: Other (See Remarks)
Heating: Unit 2(Forced Air, Hot Water Radiators), Unit 3(Forced Air
Heating: Yes
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
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Disclosures: Listing broker is owner. Buyer to verify all data.Showing of level 1 space and garages. Rental unit showings of 2nd and 3rd floor with accepted offer.

Tax Information

Tax ID: S:02750 P:0193,2578126
Assessments: $284,900

Book: 22081
Tax Year: 2020
Zoning: O1

Building / Association Information

Living Characteristics

Beds Total: 3
Total Living Levels: 6

Other Building Characteristics

Foundation: Other

Income / Expenses

Electricity: $1,461.00
Annual Expenses Source: Owner

GOI: $44,180.00
Gross Scheduled Income: $1,918.00
Insurance: $1,691.00
GRE: $13,355
MGF: $1,200
MSE: $3,345
RFS: $90
RME: $3,393
NOI: $44,180.00
Operating Expense: $13,355.00
WSE: $347.00

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: Y

Levels U2: 1

Unit 3 Description

Floor U3: 3
Lease U3: Y

Levels U3: 1

Rental Info

Total Actual Rent: $3,283.00

Market and Agent Information

Sale Info

Buyer Broker Comp: 2.5
Other Agent Compensation: 1.0

Property History for 672 Chestnut Street

Date	Event & Source	Price	Appreciation
Jan 6, 2021	Sold MLS PIN #72678802	$370,000	—
Sep 16, 2020	Contingent MLS PIN #72678802		—
Jun 22, 2020	Listed (Active) MLS PIN #72678802	$430,000	—
Mar 4, 2008	Sold (Public Record) Public Record #233742638	$40,000	-85.3% / yr
Mar 14, 2007	Sold (Public Record) Public Record #215961331	$260,000	—

Date	Event & Source	Price
01/06/2021	Sold MLS PIN #72678802	$370,000
09/16/2020	Contingent MLS PIN #72678802	—
06/22/2020	Listed (Active) MLS PIN #72678802	$430,000
03/04/2008	Sold (Public Record) Public Record #233742638	$40,000 -85.3% / yr
03/14/2007	Sold (Public Record) Public Record #215961331	$260,000

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

Public Records for 672 Chestnut Street

Taxable ValueLand$79,400Additions$279,400Total$358,800

Home Facts

Baths2Total Finished SqFt3,708 SqFtAbove Grade Finished SqFt3,708 SqFtUnfinished Basement SqFt1,728 SqFtStories2Lot Size9,252 SqFtStyleOffice BuildingYear Built1908Year Renovated1908ZoningO1CountyHAMPDENAPNSPRI S:02750 P:0193

Schools near 672 Chestnut Street

This home is within Springfield School District.


Rating	School	Type	Grades	Distance
2/10	Lincoln Elementary School	Public - Serves this home	PK to 5	0.4 mi
6/10	Chestnut Accelerated Middle School (Talented And Gifted)	Public - Serves this home	6 to 8	0.4 mi
2/10	Putnam Vocational Technical High School	Public - Serves this home	9 to 12	2.8 mi
1/10	High School of Science and Technology (Sci-Tech)	Public - Serves this home	9 to 12	2.8 mi
1/10	Springfield Central High School	Public - Serves this home	9 to 12	3.0 mi
2/10	High School Of Commerce	Public - Serves this home	9 to 12	1.6 mi
NR	Playful Minds	Private - Nearby school	K to 6	0.3 mi
NR	Springfield Sda Junior Academy	Private - Nearby school	PK to 8	0.7 mi
NR	Sacred Heart Elementary School	Private - Nearby school	PK to 8	0.7 mi


Rating	School	Distance
2/10	Lincoln Elementary School PublicPK to 5 Serves this home	0.4 mi
6/10	Chestnut Accelerated Middle School (Talented And Gifted) Public6 to 8 Serves this home	0.4 mi
2/10	Putnam Vocational Technical High School Public9 to 12 Serves this home	2.8 mi
1/10	High School of Science and Technology (Sci-Tech) Public9 to 12 Serves this home	2.8 mi
1/10	Springfield Central High School Public9 to 12 Serves this home	3.0 mi
2/10	High School Of Commerce Public9 to 12 Serves this home	1.6 mi
NR	Playful Minds PrivateK to 6 Nearby school	0.3 mi
NR	Springfield Sda Junior Academy PrivatePK to 8 Nearby school	0.7 mi
NR	Sacred Heart Elementary School PrivatePK to 8 Nearby school	0.7 mi

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

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 672 Chestnut Street, Springfield, MA 01107	$370,000	3	4	3,708	9,252
670-72 Chestnut Street, Springfield, MA 01107	$225,000	3	4	3,708	21,833
666-68 Chestnut Street, Springfield, MA 01107	$100,000	9	4	4,339	7,700
666 Chestnut Street, Springfield, MA 01107	$110,000	–	2	4,032	7,701
69 Waverly Street, Springfield, MA 01107	–	–	2	2,104	6,983
72 Waverly Street, Springfield, MA 01107	$385,000	8	3	3,270	4,217
82 Alexander Street, Springfield, MA 01107	$125,000	–	3	3,746	6,939
664 Chestnut Street, Springfield, MA 01107	$258,000	6	2	2,843	7,701
63 Waverly Street, Springfield, MA 01107	–	–	2	2,710	7,418
708 Chestnut Street, Springfield, MA 01107	$400,000	8	5	3,698	6,787
68 Waverly Street, Springfield, MA 01107	$441,000	6	3	2,848	4,286
68-72 Waverly Street, Springfield, MA 01107	$288,000	16	6	6,100	10,000
78 Alexander Street, Springfield, MA 01107	$33,500	–	3	3,427	6,939
59 Waverly Street, Springfield, MA 01107	$48,000	–	2	1,924	7,545
62 Waverly Street, Springfield, MA 01107	$255,000	8	3	3,460	4,587
687 Chestnut Street, Unit 689, Springfield, MA 01107	–	–	–	4,998	10,494

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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 CP Property Group, LLC, Robert Couture; CP Property Group, LLC, Veronique Leroy; CP Property Group, LLC, Matthew Scott

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.

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