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.