A rare multi-family package deal consisting of three properties: 993-999, 1009-1011 Main St and 1013-1015 Main St. This offering includes 8 fully-occupied residential units and 1 commercial space. The residential units feature (1) two-family home with 2-bedroom units and (2) three-family homes, each unit boasting 4 bedrooms, along with a commercial space currently used as a church. All properties have been well-maintained, with recent updates to the roof, flooring, and heating systems. This ideal investment property has a strong cap rate with more room for growth as well as long term tenants! All tenants pay for their utilities (gas, heat, hot water, and electricity), while the owner covers water, sewer, and dumpster fees. Off-street parking is also available. With great cash flow and potential for rent increases, this property is ready to generate returns! Don’t miss out on this incredible opportunity!
This listing has been viewed 49 times in the past 48 days
Last Updated: October 21st, 2024 at 4:43am
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General Information for 993-1015 Main St, West Springfield, Massachusetts 01089
Property TypeResidential Income
Property Sub TypeMulti Family
Price$1,590,000
Price per sqft$154.17
MLS #73302774
Handicap Access / FeaturesNo
List Date2024-10-16
Special Listing ConditionsNo
StateMassachusetts
Street NameMain St
CityWest Springfield
Zip Code01089
CountyHampden
MLS Status
Covered Parking Spaces0
Heating Y/NYes
Heating System
Heat Zones
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total10313
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing ServiceEntry Only
UnparsedAddress993-1015 Main St, West Springfield MA 01089
Zoning
Interior Features for 993-1015 Main St, West Springfield, Massachusetts 01089
* Approx. Living Area Total10,313 sq ft
Living Area Includes BasementNo
Bedrooms28
* # Fireplaces0
Bathrooms (Total)8.5
Full Baths8
* # Half Baths1
* # Rooms
Basement
Heating System
AppliancesNo
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door FeaturesNo
ElectricYes
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_14
MLSPIN_BEDRMS_24
MLSPIN_BEDRMS_34
MLSPIN_BEDRMS_42
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_31
MLSPIN_F_BTHS_41
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 0
MLSPIN_H_BTHS_40
OffMarketDate
Exterior Features for 993-1015 Main St, West Springfield, Massachusetts 01089
* Approximate Lot Size0.19 acres
Covered Parking Spaces0
Lot FeaturesLevel, Other
* Parking Spaces13
* Sewer Utilities
* Water Utilities
* Year Built1900
Year Built Details
Year Built SourceOwner
Construction MaterialsFrame
Exterior Features
Foundation Area
Foundation MaterialsBrick/Mortar
Approx. Street Frontage140.00
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)8,250 Sqft
Disclosures for 993-1015 Main St, West Springfield, Massachusetts 01089
Buyer Agent Compensation1.5
Contingency
FinancingNo
Disclosures
Documents AvailableNo
Exclusions
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation1.5
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 993-1015 Main St, West Springfield, Massachusetts 01089
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data SourceNo
Gross Income$0
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_41
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT10
MLSPIN_RENT20
MLSPIN_RENT30
MLSPIN_RENT40
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$0
OperatingExpense$0
OriginalListPrice$1,590,000
RENT_FEE_INCLUDESNo
TOTAL_RENT0
WaterSewerExpense$0
Lifestyle Information for 993-1015 Main St, West Springfield, Massachusetts 01089
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool FeaturesNo
Waterfront FeaturesNo
Location information for 993-1015 Main St, West Springfield, Massachusetts 01089
Elementary School
Middle School
High School
NumberOfUnitsTotal9
Marketing History for 993-1015 Main St, West Springfield, Massachusetts 01089
MLSPIN_MARKET_TIME_BROKER4
MLSPIN_MARKET_TIME_PROPERTY4
PurchaseContractDate
Agent Information for 993-1015 Main St, West Springfield, Massachusetts 01089