Price Reduction - Golf Course - Eco Friendly
Address
233-237 Main Street Springfield, MA
Price
$ 575,000
Property Attributes
  • MLS#72748779
  • TypeMulti-Family
  • CountyHAMPDEN
  • CitySpringfield
  • AreaIndian Orchard
  • Zip01151
  • Style5+ Family - 5+ Units Up/Down
  • Year Built1988
  • Taxes7500
  • Price$ 575,000
  • Bedrooms10
  • Full Bathrooms5
  • Half Bathrooms2
  • Sqr Footage5958
  • Lot Size12,197 SqFt
Listing Provided Courtesy Of:
Joe Rosinski with Benton Real Estate Company.
Property Description

Pride of ownership is evident with this spectacular 2 building package consisting of this 7 units (5 residential rentals, 2 commercial store fronts) complex in the heart of Indian Orchard. Impeccably kept 4 family, all 2 BR units - fully rented, structure built in 1988, and has been well taken care of. Mechanicals and roof under 10 years old. Units have both electric and gas heat. Landlord pays water and common area electricity. Tenants have dedicated finished storage units in basement, along with washer/dryer hookups. APO, Rents are under market, and there is an opportunity to create a centralized coin op laundry. On the street front, there are 2 side by side, very visible commercial store fronts with ample off street parking. Upstairs is one residential rental unit that has been turned over in the past 5 years. All long term tenants -- owner manages property. Ideal turnkey rental opportunity!

Price History
10/26/2020 Listed $600,000
1/5/2021 5% - $575,000

General Features

Construction Material Frame
Electrical Equipment/Features Individually Metered
Energy Features Insulated Windows, Insulated Doors
Flooring Tile, Vinyl, Wall to Wall Carpet, Laminate
Full Baths 5
Half Baths 2
Lead Paint Unknown
Levels 5
Parking Features Off-Street
Parking Spaces 15
Roof Asphalt/Fiberglass Shingles
Sewer City/Town Sewer
Square Feet 5958.00
State Massachusetts
Unit 1 Rent 800
Unit 2 Rent 800
Unit 3 Rent 750
Unit 4 Rent 750

Interior Features

Basement Features Full, Bulkhead
Bedrooms (1) 2
Bedrooms (2) 2
Bedrooms (3) 2
Bedrooms (4) 2
Hot Water Electric
Total Bedrooms 10
Total Number of Units 7

Exterior Features

Exterior Vinyl, Brick
Foundation Poured Concrete, Concrete Block, Brick
House Color Brick/Tan
Lot Description Paved Drive, Cleared, Fenced/Enclosed

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 01151

Price
AVG $310K
$580K
Taxes
AVG $4,522
$7,500
Visits
AVG 35
52
Year Built
AVG 1967
1988

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