Sold
99-103 Federal St, Springfield, MA
Springfield · MA 01105
- $2,215,000
- Price
- 28
- Beds
- 24
- Baths
- 16908
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
24 Units
Lot size:
9,764 Sq.Ft Lot
Price per square foot:
$136 / Sq.Ft
Parking:
No Parking
About this home
Portfolio expansion opportunity is here for you at 99 Federal in Springfield, MA. This building has recently been professionally stabilized. More than 50% of the units have been renovated and freshened up. Tenants are responsible for their own electricity and should they have a gas range, they handle that expense. Building ownership is responsible for the hot water and heat. These efficient systems are separate, both gas powered with the hot water system newly installed beginning of this year. The professional property management company is off site and can continue to management the property once purchased. Although the laundry system is not operable, you can easily bring it back to life. The location of this beautiful building is among many other well maintained complexes with tree lined sidewalks, public transit stops, and convenience within the Springfield Metro center. Be sure to reach out for operational data and to discuss this business opportunity!!
Neighborhood & Transit
99-103 Federal 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:
- 1074 days
- Listing Price:
- $2,299,000
- Price per Sq.Ft:
- $136
- Tax Assessment:
- $1,226,800 in 2023
- Taxes:
- $1,767 / Monthly
Home Facts
Interior Features
- Bedrooms
- 28
- Full Bathrooms
- 24
- Half Bathrooms
- 0
- Living Area
- 16,908 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 16908
- Flooring
- Unknown
- Lead paint
- Certified Treated, Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 9,764 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
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
- Patriot Living Group
- Listing office
- Lock and Key Realty Inc.
- MLS PIN #
- 73182661
- Disclosure
- App 50% of units newly renovated. Some cooking ranges are gas, remaining electric. A seller entity member is a licensed real estate sales person. Buyer/buyer's agent to perform own and all due diligence. Seller may accept offer at any time and has never lived in the property.