Off Market

50 Stevens St, Springfield, MA

Springfield · MA 01104

$840,000
Price
0
Beds
10
Baths
2950
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1927
Units: 10 Units
Lot size: 0.27 Acre Lot
Price per square foot: $285 / Sq.Ft
Parking: 16 Off Street Spaces

About this home

10 studio apartments. Brick and block construction with rubber roof. Vinyl replacement windows. Off-street parking. Landlord pays all utilities, including electric baseboard heat & electric HW. In place PRI = $101,940. In place NOI = $56,182. Proforma PRI = $111,000. Proforma NOI = $64,100. Additional upside potential to separately meter electricity. The property is located directly across Stevens Street from CRRC MA?s North American manufacturing facility, which is a 204,000 SF rail car facility. CRRC MA is underway with manufacturing 404 next generation subway cars for The Massachusetts Bay Transportation System (MBTA). All production vehicles will be assembled and tested in the CRRC MA Rail Car Assembly Facility. The manufacturing facility in Springfield employs 179 employees, including 122 union production employees.

Neighborhood & Transit

East Springfield

50 Stevens St, Springfield · MA 01104

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:
1028 days
Listing Price:
$840,000
Price per Sq.Ft:
$285
Tax Assessment:
$290,300 in 2023
Taxes:
$413 / Monthly

Home Facts

Interior Features

Bedrooms
0
Full Bathrooms
10
Half Bathrooms
0
Living Area
2,950 Sq.Ft
Broker Disclosure about Living Area
approximate using combination of public record and broker measurements
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2950
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
110 Volts, Circuit Breakers, Other (See Remarks)

Exterior Features

Lot Size
11,744 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
16 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Tim Thompson
Listing office
Timothy Thompson
MLS PIN #
73192222
Disclosure
approximate using combination of public record and broker measurements