Eco Friendly
Address
76 Bay Street Springfield, MA
Price
$ 950,000
Property Attributes
  • MLS#72805026
  • TypeMulti-Family
  • CountyHAMPDEN
  • CitySpringfield
  • Zip01109
  • Style5-9 Family
  • Year Built1920
  • Taxes15502
  • Price$ 950,000
  • Bedrooms28
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage12948
  • Lot Size0.46 Acres
Listing Provided Courtesy Of:
James Morrissey with Torrey & Associates R. E..
Data Source:
MLSPIN
Property Description

Sale includes 76 Bay Street (a brick, 4 story, 8 unit building) and 72 Bay Street (8/5/2 Colonial). Only 1 (@ $900, single man) of 9 units TAW. Wayfinders Units renew (optional) annually with 1.5% annual increases. DeLead Certs all 9 units. Current monthly gross of $13,227. provides strong cash flow. The 8 units rent includes gas/electric. 72 Bay St renewal 11/21, 76 Bay St renewals 3/22. Large units. Substantial Parking, fence enclosed property compound. 76 Bay Street comprehensively renovated in 2006-2007; 72 Bay Street comprehensively renovated 2018. Very turn key property. Can be a 3 property package with 20 Florida Street for 1.2 Million. Call listing broker for further details. Sale includes coin op in 76 Bay St and 8 refrigerators. Taxes, assessment, lot size, living space & square footage area is both properties. Expenses combined: Gas - $7,329. Elec. - $25,490. Water - $4,387. Sewer - $4,387. Insurance - $6,882. Trash Removal - $2,364. Combined annual gross income $158,724.

Price History
3/27/2021 Listed $950,000

General Features

Construction Material Frame, Brick
Cooling Units 8
Cooling Zones 8
Electrical Equipment/Features 220 Volts, Circuit Breakers, 100 Amps, Individually Metered
Energy Features Insulated Windows, Insulated Doors
Exterior Features Porch, Porch - Enclosed, Deck, Deck - Roof, Deck - Wood, Handicap Access, Gutters, Screens, Fenced Yard
Flooring Wood, Vinyl, Varies Per Unit, Hardwood
Full Baths 10
Heat Zones 9
Heated Units 9
Lead Paint Certified Treated
Levels 6
Parking Features Off-Street, Paved Driveway
Parking Spaces 16
Roof Asphalt/Fiberglass Shingles, Rubber
Sewer City/Town Sewer
Square Feet 12948.00
State Massachusetts
Unit 1 Rent 2233
Unit 2 Rent 900
Unit 3 Rent 1442
Unit 4 Rent 1442
Year End Expenses 12/20

Interior Features

Basement Features Full, Unfinished Basement, Exterior Access
Bedrooms (1) 5
Bedrooms (2) 2
Bedrooms (3) 3
Bedrooms (4) 3
Hot Water Electric, Tank
Total Bedrooms 28
Total Number of Units 9

Exterior Features

Exterior Vinyl, Brick
Foundation Brick
House Color Brick
Lot Description Paved Drive, Cleared, Fenced/Enclosed, Level

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 01109

Price
AVG $350K
$950K
Taxes
AVG $5,005
$15,502
Visits
AVG 46
27
Year Built
AVG 1932
1920

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