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121 Cedar St, Springfield, MA 01105

$680,000
Last sold 05/18/2022 for $299K
5
bed
4
bath
4,454
Sqft ($67/Sqft)

Multi-family not for sale

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About 121 Cedar St

Property type Multi-family

Neighborhood

Year built 1897

HOA fee $0/month

Lot size 7,113 Sqft

Movoto estimate

Property description

This grand, well-designed well-maintained four-family cash cow presents an incredible opportunity for investors, and/or owner occupants. Situated on a very desirable, quiet street yet right near all which this vibrant area has to offer to you and your tenants! Oversized, fully fenced yard with ample parking for residents and guests and plenty of space for entertainment. With great curb appeal this home has a ton of charm while having many updates through the years. Upgraded plumbing and electrical, newer all gas utilities, vinyl windows, renovated kitchens and bathrooms, recently replaced roof, and the list goes on! All separate utilities, high ceilings, large and bright rooms. Entire third floor used to be livable and has huge expansion possibilities. Newer coin-op washer and dryer stays for buyer’s enjoyment. Clean and respectable tenants with excellent rental histories. Owner occupied or fully rented out, this remarkable turnkey home has endless potential!

Listed by

Listing Agent - Oleg Abramchuk

Listing Office - First NationWide Realty Inc.

Source: MLS Property Information Network, Inc.

MLS#72967271 • last updated 4 years ago

Movoto checked MLS Property Information Network, Inc. for data 10 minutes ago

Overview
Heating	Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas), Unit 3(Forced Air, Gas), Unit 4(Forced Air, Gas)
Levels/Style	6
MLS #	72967271
Type	Residential Income
Status	Closed
SubType	4 Family
SqFt	4454
Lot Size (SqFt)	7113
Lot Size (Acres)	0.16
Annual Property Tax	3555
Year Built	1897
Property Condition	Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled, Unit 4 Remodeled

Interior
Total # of Bathrooms	4
# Full Baths	4
Total # of Bedrooms	5
Basement	Full, Interior Entry
Total # of Rooms	11
Laundry	Laundry Room, Washer Hookup
Flooring	Vinyl, Carpet, Varies Per Unit, Laminate
Appliances	Washer, Dryer, Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Gas Water Heater, Tank Water Heater, Utility Connections For Gas Range, Utility Connections For Electric Range, Utility Connections For Gas Oven, Utility Connections For Electric Oven, Utility Connections For Electric Dryer, Utility Connections Varies Per Unit
Interior Features	Storage, Unit 1(Upgraded Countertops, Bathroom With Tub, Programmable Thermostat), Unit 2(Upgraded Countertops, Bathroom With Tub, Programmable Thermostat), Unit 3(Upgraded Countertops, Bathroom With Tub, Programmable Thermostat), Unit 4(Upgraded Countertops, Bathroom With Tub, Programmable Thermostat), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Kitchen)
Window Features	Insulated Windows

Exterior
Foundation	Brick/Mortar
Roof	Shingle
Construction	Frame
Parking Desc	Off Street
# Parking Spaces	8
Exterior Features	Balcony, Rain Gutters, Balcony/Deck
Patio/ Porch	Porch, Patio
Fencing	Fenced
Lot Desc	Level, Other

Amenities / Utilities
Sewer	Public Sewer
Green Features: Energy Efficiency	Thermostat
Utilities	For Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Varies Per Unit
Electricity	220 Volts, Circuit Breakers, Individually Metered
Water Source	Public

Location
County	Hampden
Community Features	Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House Of Worship, Private School, Public School, University, Other, Sidewalks
Elementary School	Milton Bradley
Middle School	M. Marcus Kiley
High School	Commerce
Zoning	R2
APN	S:02525 P:0052, 2577500
Directions	Off Pine Street

Multifamily Details
Rent Includes	Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Net Operating Income	27261
Operating Expense	6148
Total Actual Rent	3125
Financial Data Source	Owner
Expense: Water/ Sewer	1013
Gross Income	38000
Expense: Electricity	1052