Sold
246-262 Union St, Springfield, MA
Springfield · MA 01105
- $5,600,000
- Price
- 65
- Beds
- 64
- Baths
- 55280
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1940
Units:
64 Units
Lot size:
1.13 Acres Lot
Price per square foot:
$104 / Sq.Ft
Parking:
18 Garage Spaces · 4 Off Street Spaces
About this home
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.
Neighborhood & Transit
246-262 Union St, Springfield · MA 01105
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 978 days
- Listing Price:
- $5,725,000
- Price per Sq.Ft:
- $104
- Tax Assessment:
- $3,404,600 in 2023
- Taxes:
- $6,447 / Monthly
Home Facts
Interior Features
- Bedrooms
- 65
- Full Bathrooms
- 64
- Half Bathrooms
- 0
- Living Area
- 55,280 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 55280
- Flooring
- Unknown
- Lead paint
- Certified Treated
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 49,423 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 18 Parking Spaces
- Off Street Parking
- 4 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Wood
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Andrew Rodman
- Listing office
- Lock and Key Realty Inc.
- MLS PIN #
- 73207066
- Disclosure
- Member of ownership entity is a licensed real estate salesperson