246-262 Union StreetSpringfield, MA 01105MLS Number 73207066

  • Price: $5,725,000
  • Est. Mortgage of $/month
  • 108 Days on Market
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%
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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.
  • 65Bedrooms
  • 1.13Acreage
  • 64Bathrooms
  • 1940Year Built

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Welcome to 246-262 Union Street, where an exceptional investment opportunity awaits. Presenting a meticulously maintained 64-unit apartment building. This property promises not only a lucrative return on investment but also a chance to be a part of the thriving real estate market in this vibrant city. The owner has spared no expense in updating many of the units within the building, ensuring modern amenities and comforts for residents. From refreshed interiors to upgraded fixtures, these units offer contemporary living spaces that cater to the needs of tenants. This building consists of (19) studios, (25) 1 bedrooms, and (20) 2 bedroom apartments as well as 18 garage spaces. With its updated units, diverse unit mix, and convenient amenities, this 64-unit apartment building presents an excellent investment opportunity with multiple avenues for revenue generation.
Listed by Andrew Rodman of Lock and Key Realty Inc.

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More Info

Basic Information

  • Mls StatusUnder Agreement
  • Parcel Number S:11750 P:0062

Rooms

  • Bathroom64
  • Bathrooms Total Decimal 64
  • Bedrooms65
  • Full Bath64

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationBlock
  • Garage Spaces18
  • Rooms99
  • Stories3
  • Units64
  • Utilities For Electric Range, For Electric Oven
  • Window Features Insulated Windows
  • Year Built1940
  • Year Built Details Actual
  • Year Built Source Public Records

Tax Information

  • Tax Assessed Value $3,404,600
  • Tax Year 2023
  • Taxes$77,362

Basic Information

  • List Price$5,725,000
  • MLS Number73207066
  • Modification Date04/03/2024
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date04/03/2024
  • Sale Date04/03/2024

Property

  • Acreage1.13

Exterior

  • RoofRubber

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Laundromat, Public School
  • Other AmenitiesBasement

Other

  • Buyer Agency Compensation1
  • Date Listed02/29/2024
  • Farm Land Area Units Square Feet
  • View Count22

Parking

  • Covered Spaces 18
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces4

Location

  • Address246-262 Union Street
  • Building Number246-262
  • CountyHampden
  • StateMA
  • StreetUnion Street
  • TownSpringfield
  • Zip01105

Interior

  • Flooring Vinyl, Hardwood

Property Information

  • Building Area Source Public Records
  • Living Area 55,280
  • Lot Size Square Feet 49,423
  • Lot Size Units Acres
  • Square Feet55,280
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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