438 Belmont AvenueSpringfield, MA 01108MLS Number 73151180

  • Sale Price: $375,000
  • 278 Days Since Sale
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Federal 30-year interest rate: 6.95% last updated on Jun 13, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 8Bedrooms
  • 0.15Acreage
  • 4Bathrooms
  • 1909Year Built

Driving Directions

This incredible cash-flowing triplex on Belmont Ave in Springfield is close to everything, and is a great opportunity for a buy-and-hold investor, or an owner-occupant! First floor, which is a three-bedroom, two-bathroom unit, will be vacant at closing, and with several updates, a large backyard, a great garage for the new owner, and paying tenants, this is the property for you. Second floor is three-bedroom, two-bathroom unit, rented at $1875/month. Third floor is two-bedroom, one-bathroom unit, rented out for $825/month. Owner pays electric & electric heat for whole building ($750/month in summer months, $1800/month in winter months), for personal reasons. Age of the systems is mostly unknown, but all operational, and no systems need to be updated immediately (APO). Property will likely pass FHA & VA Financing Options.
Listed by The Generation Group of Coldwell Banker Realty - Western MA

Listing Sold by Century 21 North East

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More Info

Basic Information

  • Contingency Financing
  • Gross Income $32,400
  • Lot Features Level
  • Mls StatusSold
  • Parcel Number S:01235 P:0089,2573323
  • Rent Includes Unit 1(Electric), Unit 2(Electric), Unit 3(Electric)
  • Road Frontage DescriptionPaved

Building

  • BasementFull, Interior Entry, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FireplaceYes
  • Fireplaces Total 1
  • FoundationBlock, Brick/Mortar
  • Garage Spaces2
  • Rooms14
  • Stories5
  • Units3
  • Utilities For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
  • Year Built1909
  • Year Built Details Approximate
  • Year Built Source Public Records

Amenities

  • Amenities
    • Bike Path
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • Walk/Jog Trails
  • Appliances IncludedUnit 1(Range, Microwave, Refrigerator, Washer, Dryer), Unit 2(Range, Refrigerator), Unit 3(Countertop Range, Refrigerator), Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Other AmenitiesBasement, Fireplace, Golf

Tax Information

  • Tax Assessed Value $187,700
  • Tax Year 2023
  • Taxes$3,200

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms8
  • Full Bath4

Location

  • Address438 Belmont Avenue
  • Building Number438
  • CountyHampden
  • StateMA
  • StreetBelmont Avenue
  • TownSpringfield
  • Zip01108

Interior

  • Flooring Wood, Vinyl
  • Interior Features
    • Kitchen)
    • Kitchen)
    • Kitchen)
    • Unit 1 Rooms(Living Room
    • Unit 2 Rooms(Living Room
    • Unit 3 Rooms(Living Room

Utilities

  • Cooling Unit 1(), Unit 2(), Unit 3()
  • Electric Circuit Breakers
  • Electric Expense 5200
  • Heat SystemYes
  • Heating Unit 1(Electric), Unit 2(Electric), Unit 3(Electric)
  • Sewer Public Sewer
  • Water Source Public

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces6

Basic Information

  • List Price$300,000
  • MLS Number73151180
  • Modification Date10/05/2023
  • Property SubType3 Family
  • Purchase Contract Date08/30/2023
  • Sale Date09/12/2023
  • Sale Price$375,000

Property

  • Acreage0.15

Exterior

  • Exterior Features Gutters, Other (See Remarks)
  • Fencing Fenced/Enclosed
  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 3,869
  • Lot Size Square Feet 6,434
  • Lot Size Units Acres
  • Square Feet3,869

Other

  • Buyer Agency Compensation2.5
  • Date Listed08/22/2023
  • Farm Land Area Units Square Feet
  • View Count9
Taylor Real Estate
Taylor Real Estate
Office: 413-527-3375
4 Liberty Street, Suite A
Easthampton, MA 01027

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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