446 Liberty Street

Springfield, MA 01104

$489,900
Price
6
Beds
5
Baths
6,012 Sq. Ft.
$81 / Sq. Ft.
6,012
Sq. Ft.
$81
per Sq. Ft.

Description

Attention Investors! This is a rare opportunity to own a 5-Unit property located just minutes from Downtown Springfield, MA. This property has immediate potential for rental income of $80k+ per year! This multi family home has five units, three currently rented and two vacant and ready to be leased. Each unit is individually metered, and tenants are responsible to pay their own utilities. Offer your residents the convenience of having an off street parking lot located behind the property! Group showing...Attention Investors! This is a rare opportunity to own a 5-Unit property located just minutes from Downtown Springfield, MA. This property has immediate potential for rental income of $80k+ per year! This multi family home has five units, three currently rented and two vacant and ready to be leased. Each unit is individually metered, and tenants are responsible to pay their own utilities. Offer your residents the convenience of having an off street parking lot located behind the property! Group showing starts at 12PM on Saturday April 20, 2024. Please be prompt!
  1. Listed by The Madison Team • Lock and Key Realty Inc.
  2. Listed by Jessica Mekal • Lock and Key Realty Inc.

Property Details for 446 Liberty Street

Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Parking Spaces
5.00
Parking Spaces Total
5

Location

Listing Courtesy of Lock and Key Realty Inc., The Madison Team; Lock and Key Realty Inc., Jessica Mekal
Add your commute
LISTING UPDATED: 04/21/2024 06:12 PM

Property Details for 446 Liberty Street

StatusContingent
MLS #73224377
Days on Market5
Taxes$5,611 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1902
CountyHampden County

Location

Listing Courtesy of Lock and Key Realty Inc., The Madison Team; Lock and Key Realty Inc., Jessica Mekal
Add your commute

Building Information for 446 Liberty Street

Stories9Residences5Year Built1902Building Size-Lot Size0.16 AC / 7,183 SF

Payment Calculator

$3,141 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,674

Property Taxes

$468

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 446 Liberty Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Park, Medical Facility, Highway Access
  • Living Area: 6012.0
  • SqFt with Basement: No
  • Total Units: 5
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 5.0
  • Num of Full Baths: 5
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 5
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Living Room, Kitchen
  • Interior Features: Window AC
  • SpaYN: No
Exterior Features
  • Exterior Features: Porch
  • Lot Description: Level
  • Patio And Porch Features: Porch
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Window AC
  • Cooling: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Seller has never lived in the property and has no information on the age of the roof or heating systems. Expenses are attached to MLS Listing.
Tax Information
  • Tax ID: S:07770 P:0114,2591953
  • Assessments: $0
  • Book: 25358
  • Tax Year: 0
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 9
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: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 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 446 Liberty Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 446 Liberty Street

Taxable ValueLand$28,500Additions$300,600Total$329,100
Tax Record2023$5,611 ($468 / month)
Home Facts
Total Finished SqFt5,762 SqFtAbove Grade Finished SqFt5,762 SqFtStories3Lot Size7,183 SqFtStyleMulti-Family Res (5+ Units)Year Built1902ZoningR3CountyHAMPDENAPNSPRI S:07770 P:0114

Schools near 446 Liberty Street

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Frank H Freedman
PublicK to 5

High School/Science-Tech
Public9 to 12

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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lock and Key Realty Inc., The Madison Team; Lock and Key Realty Inc., Jessica Mekal

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.