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- MLS#72748779
- TypeMulti-Family
- CountyHAMPDEN
- CitySpringfield
- AreaIndian Orchard
- Zip01151
- Style5+ Family - 5+ Units Up/Down
- Year Built1988
- Taxes7500
- Price$ 550,000
- Bedrooms10
- Full Bathrooms5
- Half Bathrooms2
- Sqr Footage5958
- Lot Size12,197 SqFt
Listing Provided Courtesy Of:
Joe Rosinski with Benton Real Estate Company.
Data Source:
MLSPIN
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 |
4/1/2021 | 5% - $550,000 |
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