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$1,195,000
Est. payment /mo
15 Beds
14 Baths
10,604 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Pending
Purchase Type For Sale
Square Footage 10,604 sqft
Price per Sqft $112
MLS Listing ID 73368742
Bedrooms 15
Full Baths 14
Year Built 1910
Annual Tax Amount $15,128
Tax Year 2025
Lot Size 0.460 Acres
Acres 0.46
Property Sub-Type 5-9 Family
Property Description
Rare investment opportunity in the heart of Springfield! This 14 unit property offers a blend of historic character & modern functionality. The front building, built 1910, features 6 units with timeless charm including original woodwork & decorative fireplaces - plus a large, finished attic unit offering additional rental income potential. Connected at the rear, the 1975-built addition has 8 units, each with tenant paid electric. The property has recently received many updates including a 5 year old high efficiency boiler (owner paid heat/hot water), along with a newer on-demand hot water system. Several units have been recently renovated & the back building has been sub-metered to enhance operational efficiency. There is a large basement with space for on-site office build-out as well. With ample off-street parking and a convenient location near public transportation, employers, and major highways, this is an ideal investment opportunity in a thriving multifamily market!
Location
State MA
County Hampden
Zoning R3
Direction GPS friendly
Rooms
Basement Full, Walk-Out Access
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, University
Roof Type Shingle
Total Parking Spaces 14
Garage No
Building
Story 3
Foundation Block, Brick/Mortar, Slab
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Century 21 AllPoints Realty
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