Off Market
69 Winter St, Springfield, MA
Springfield · MA 01103
- $409,000
- Price
- 8
- Beds
- 2
- Baths
- 3520
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1890
Units:
2 Units
Lot size:
6,617 Sq.Ft Lot
Price per square foot:
$116 / Sq.Ft
Parking:
9 Garage Spaces
About this home
Strong investment property. This downtown Springfield investment property offers a $5,500 monthly rent roll. The property consists of a joisted masonry building containing one 3BR apartment, one 5BR apartment, and eight garage bays that lease at a monthly rate of $150 - $250 each. Apartments feature a sunroom, and the 5BR apartment also has an office. The apartments are bright with renovated kitchens and a combination of hardwood and laminate flooring. The projected NOI is $55,359 and the cap rate is 12.9%. Located nearby to the Springfield FD Headquarters, the property offers access to major highways I-91, I-291 & I-90 (the Mass Pike); as well as area hospitals (under two miles to Baystate Medical Center and approximately one mile to Mercy Medical Center). The property is situated close to Springfield?s CBD, nearby to MGM Springfield and the Basketball Hall of Fame, within a 30 minute drive time of UMass Amherst and the Five College Area.
Neighborhood & Transit
69 Winter St, Springfield · MA 01103
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:
- 302 days
- Listing Price:
- $409,000
- Price per Sq.Ft:
- $116
- Tax Assessment:
- $289,000 in 2024
- Taxes:
- $387 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 2
- Half Bathrooms
- 0
- Living Area
- 3,520 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3520
- 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, Individually Metered
Exterior Features
- Lot Size
- 6,617 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 9 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- 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 #
- 73446364