Address
463-465 State St, Springfield, MA
Price
$ 850,000
Property Attributes
  • MLS#73187169
  • TypeMulti-Family
  • CountyHAMPDEN
  • CitySpringfield
  • Zip01105
  • Style5-9 Family
  • Year Built1830
  • Taxes$ 2918
  • Price$ 850,000
  • Bedrooms2
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage12276
  • Lot Size2,614 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Attention Investors !!! Revenue generating 10 unit package, located in close to MGM Casino Site. Property consists of two parcels containing 3 commercial storefronts and 7 residential apartments. Perfect for an investor looking for a cash-flowing property!

Price History
12/13/2023 Listed $900,000
1/20/2024 6% - $850,000

General Features

Sewer Public Sewer
Zoning B1
Patio/Porch Features Porch
Year Built 1830
Property SubType 5-9 Family
Tax Year 2023
Gross Income 9495
Community Features Public Transportation,Shopping,Public School
County Hampden
Net Operating Income 69600
Property Type Residential Income
Garage Y/N No
Total Rooms 20
Status Active
Directions Walnut st to State street
City Springfield
Senior Community Y/N No
Total Units 10
Lot Size Square Feet 2548
Waterfront Y/N No
Street Name State St
Year Built Details Actual
Tax Annual Amount 2918.96
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 171200
Total Actual Rent 4800
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Partial
Total Stories 3
Fireplace Y/N No
Full Baths 10
Total Bedrooms 2
Total Baths 10

Exterior Features

Parking Features Unpaved
Lot Features Level
Water Source Public
Total Parking 6
Lot Size Area 0.06
Foundation Details Brick/Mortar
Spa No
Building Area Total 12276
Lot Size Acres 0.06
Lot Size Units Acres
Road Frontage Type Public
Open Parking Y/N Yes

Amenities

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

Property vs Multi-Family Average in 01105

Price
AVG $1.58M
$850K
Taxes
AVG $13,879
$2,918
Visits
AVG 703
725
Data Provided by Inside Real Estate®
Year Built
AVG 1893
1830

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