Off Market
59-61 Scott St, Springfield, MA
Springfield · MA 01108
- $425,000
- Price
- 8
- Beds
- 4
- Baths
- 3620
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1922
Units:
4 Units
Lot size:
5,205 Sq.Ft Lot
Price per square foot:
$117 / Sq.Ft
Parking:
No Parking
About this home
Been looking for the perfect 4 family investment opportunity? Then look no further! Great investment opportunity! Roof, siding, windows, heating systems & hot water tanks all replaced in 2011. There are 4 separate gas heating systems, 4 gas hot water tanks & 4 electrical panels. 4 separate laundry hookups in the basement as well (tenant owned washers & dryers). Hardwood & tile flooring throughout the property as well. All units are in good shape & have separate utilities that are paid for by the tenants. All tenants are long term tenants, month to month (no leases) & have been there at least 3 yrs. 2 units are Section 8 (those 2 have security deposits, the other 2 do not). All tenants have paid on time, no one is behind with their rent. With nearly $3500k in monthly rents (and the opportunity to increase rents to market rate beyond that) this home will be a cash flow immediately either for an investor or owner occupied buyer, although all tenants will remain at the time of the closing.
Neighborhood & Transit
59-61 Scott St, Springfield · MA 01108
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:
- 1444 days
- Listing Price:
- $425,000
- Price per Sq.Ft:
- $117
- Tax Assessment:
- $234,300 in 2022
- Taxes:
- $368 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 3,620 Sq.Ft
- Broker Disclosure about Living Area
- Living area is approximate (taken from field card), buyers to verify sq footage themselves.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers
Exterior Features
- Lot Size
- 5,205 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- James Wyllie
- Listing office
- Benton Real Estate Company
- MLS PIN #
- 73038388
- Disclosure
- All tenants to remain. All 4 stoves belong to the seller. All refrigerators, washers and dryers belong to the tenants. 3 tenants have a cat or 2, one has a small dog. No big dogs were allowed.
- Disclosure
- Living area is approximate (taken from field card), buyers to verify sq footage themselves.