OPPORTUNITY is KNOCKING in this meticulously maintained 4-family property, a prime choice for savvy investors or strategic buyers. This versatile property includes three one-bedroom units and one studio, with an exciting opportunity to expand by connecting three attic rooms to the second-floor unit, creating a spacious three plus bedroom unit. Key upgrade include APO: vinyl siding, updated roof, individual metered units, and updated electrical panels—enhance ease of ownership and long-term value. Ideally located near shops, restaurants, schools, bus lines, and major highways, tenants enjoy unmatched convenience and connectivity. With low maintenance requirements and high potential for growth, this property is the perfect addition to your portfolio. Don’t miss the chance to own a turnkey, income-generating asset in a high-demand area w/room to grow the rental income!
This listing has been viewed 38 times in the past 26 days
Last Updated: November 10th, 2024 at 6:58am
Walk/jog Trails
Conservation Area
Highway Access
House Of Worship
Public School
Shopping
Golf
Park
Medical Facility
Laundromat
Bike Path
Public Transportation
Pool
Tennis Court(s)
Private School
General Information for 1022 Main Street, West Springfield, Massachusetts 01089
Property TypeResidential Income
Property Sub TypeMulti Family
Price$485,000
Price per sqft$160.12
MLS #73306602
Handicap Access / FeaturesNo
List Date2024-10-25
Special Listing ConditionsNo
StateMassachusetts
Street NameMain Street
CityWest Springfield
Zip Code01089
CountyHampden
MLS Status
Covered Parking Spaces0
Heating Y/NNo
Heating System
Heat Zones
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total3029
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress1022 Main Street, West Springfield MA 01089
Zoning
Interior Features for 1022 Main Street, West Springfield, Massachusetts 01089
* Approx. Living Area Total3,029 sq ft
Living Area Includes BasementNo
Bedrooms5
* # Fireplaces0
Bathrooms (Total)4
Full Baths4
* # Half Baths0
* # Rooms
Basement
Heating System
AppliancesNo
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door FeaturesInsulated Doors
ElectricYes
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_11
MLSPIN_BEDRMS_21
MLSPIN_BEDRMS_31
MLSPIN_BEDRMS_41
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 1022 Main Street, West Springfield, Massachusetts 01089
* Approximate Lot Size0.09 acres
Covered Parking Spaces0
Lot FeaturesCorner Lot
* Parking Spaces4
* Sewer Utilities
* Water Utilities
* Year Built1895
Year Built Details
Year Built SourcePublic Records
Construction MaterialsFrame
Exterior Features
Foundation Area
Foundation MaterialsBrick/Mortar
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)3,752 Sqft
Disclosures for 1022 Main Street, West Springfield, Massachusetts 01089
Buyer Agent Compensation
Contingency
FinancingNo
Disclosures
Documents AvailableNo
Exclusions
MLSPIN_COMP_BASED_ONCompensation Offered But Not In Mls
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 1022 Main Street, West Springfield, Massachusetts 01089
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data SourceNo
Gross Income$44,100
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_RENT11050
MLSPIN_RENT2625
MLSPIN_RENT3950
MLSPIN_RENT41050
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$44,100
OperatingExpense$0
OriginalListPrice$485,000
RENT_FEE_INCLUDESNo
TOTAL_RENT3675
WaterSewerExpense$0
Lifestyle Information for 1022 Main Street, West Springfield, Massachusetts 01089
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool FeaturesNo
Waterfront FeaturesNo
Location information for 1022 Main Street, West Springfield, Massachusetts 01089
Elementary School
Middle School
High School
NumberOfUnitsTotal4
Marketing History for 1022 Main Street, West Springfield, Massachusetts 01089
MLSPIN_MARKET_TIME_BROKER15
MLSPIN_MARKET_TIME_PROPERTY15
PurchaseContractDate
Agent Information for 1022 Main Street, West Springfield, Massachusetts 01089