Price Reduction - Eco Friendly
Address
474 Liberty St Springfield, MA
Price
$ 419,000
Property Attributes
  • MLS#72244137
  • TypeMulti-Family
  • CountyHAMPDEN
  • CitySpringfield
  • AreaLiberty Heights
  • Zip01104
  • Style5-9 Family
  • Year Built1916
  • Taxes6169
  • Price$ 419,000
  • Bedrooms16
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage9370
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
Rehanahmed Peerzada with M B C REALTORS®.
Property Description

RENT INCREASED ON MAJORITY OF THE UNITS. CASH COW with excellent location and money making opportunity with this 8 family with projected gross annual income of $ 79500 per year. Property is located less than 2 miles from upcoming MGM Casino. Beautiful brick building, 2 units vacant and will be rented soon, all units have LEAD COMPLIANT certificates, all units in decent shape with lots of updates with rent increase opportunity for 2 other units. Tenants pay their own gas and electric utilities. Huge basement available for storage. Conveniently located from shopping complexes, I-291, 1-91, Mass Pike (I-90), public elementary and high school, railway and bus station, laundromat, convenience stores, YMCA, Post Office etc. Property is equipped with emergency lighting in front hallway and back porch, intercom system connected to individual unit for verbal communication. Great opportunity.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
10/17/2017 Listed $414,900
12/6/2017 4% - $399,900

General Features

Electrical Equipment/Features Individually Metered
Energy Features Prog. Thermostat
Levels 8
Square Feet 9370.00
State Massachusetts
Unit 1 Rent 825
Unit 2 Rent 800
Unit 3 Rent 800
Unit 4 Rent 800
Year End Expenses 12/17

Interior Features

Basement Features Full, Walk Out, Interior Access, Unfinished Basement
Bedrooms 16
Bedrooms (1) 2
Bedrooms (2) 2
Bedrooms (3) 2
Bedrooms (4) 2
Flooring Wood, Tile, Vinyl
Full Baths 8
Hot Water Natural Gas, Tank, Leased Heater
Total Number of Units 8

Exterior Features

Exterior Wood
Foundation Brick
Lot Description Shared Drive, Fenced/Enclosed

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 01104

Price
AVG $200K
$420K
Taxes
AVG $3,045
$6,169
Visits
AVG 40
19
Year Built
AVG 1924
1916
Walkscore
AVG 65
65

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