105-111 School StreetSpringfield, MA 01105MLS Number 73166586

  • Price: $2,400,000
  • Est. Mortgage of $/month
  • 62 Days on Market
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* 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.
  • 42Bedrooms
  • 0.62Acreage
  • 24Bathrooms
  • 1928Year Built

Driving Directions

Welcome to a great investment opportunity consisting of 24 units. With a solid infrastructure and numerous upgrades, this property is a prime choice for seasoned investors and newcomers alike. The property has been impeccably maintained, with recent upgrades to the roof (9 years old) and heating & hot water systems (6 years old). These updates ensure energy efficiency and reduced maintenance costs for the long term. All 24 units are currently occupied, showcasing the high demand for rental properties in this area. Whether you are an experienced investor looking to expand your portfolio or a newcomer seeking a secure investment opportunity, this apartment building is a must-consider option.
Listed by Andrew Rodman of Lock and Key Realty Inc.

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More Info

Basic Information

  • Gross Income $304,596
  • Lot Features Other
  • Mls StatusActive
  • Parcel Number S:10650 P:0041,2604934

Location

  • Address105-111 School Street
  • Building Number105-111
  • CountyHampden
  • StateMA
  • StreetSchool Street
  • TownSpringfield
  • Zip01105

Property Information

  • Building Area Source Public Records
  • Living Area 18,000
  • Lot Size Square Feet 27,042
  • Lot Size Units Acres
  • Square Feet18,000

Tax Information

  • Tax Assessed Value $1,488,700
  • Tax Year 2023
  • Taxes$25,382

Basic Information

  • List Price$2,400,000
  • MLS Number73166586
  • Modification Date11/24/2023
  • Property SubType5+ Family - 5+ Units Up/Down

Property

  • Acreage0.62

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Medical Facility, Laundromat, House of Worship, Public School

Parking

  • Parking Spaces10

Rooms

  • Bathroom24
  • Bathrooms Total Decimal 24
  • Bedrooms42
  • Full Bath24

Building

  • Building Area Units Square Feet
  • FoundationOther
  • Rooms12
  • Stories3
  • Units24
  • Year Built1928
  • Year Built Details Actual
  • Year Built Source Public Records

Other

  • Buyer Agency Compensation1
  • Date Listed10/04/2023
  • Farm Land Area Units Square Feet
  • View Count44
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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