Movoto Real Estate
Sold on 06/21/2022

16 Grove St, Springfield, MA 01107

$443,000

Last sold 06/21/2022 for $274K

  • 8

    bed

  • 3

    bath

  • 2,793

    Sqft ($98/Sqft)

Multi-family not for sale

About 16 Grove St

Property type Multi-family
Neighborhood
Year built 1897
HOA fee $0/month
Lot size 4,500 Sqft
Movoto estimate
Property description
Very affordable 3 family home with solid cashflow! 1st and 2nd floor units are occupied by tenants on written month to month leases; This is a perfect opportunity for an owner occupant or a savy investor looking for a reliable investment; long term tenants.Showings to be announced at a future date; group showings on specified days and times only. See attached Showing Schedule for next group showing date.Group showing to be held 5/7/2022 - see attached showing schedule for details
Listed by
Listing Agent - Michael Andre
Listing Office - Gallagher Real Estate
Source: MLS Property Information Network, Inc. mls logo
MLS#72977538 • last updated 4 years ago
Movoto checked MLS Property Information Network, Inc. for data 2 minutes ago
Overview
Heating Unit 1(Steam), Unit 2(Steam), Unit 3(Steam)
Levels/Style 4
MLS # 72977538
Type Residential Income
Status Closed
SubType 3 Family - 3 Units Up/Down
SqFt 2793
Lot Size (SqFt) 4500
Lot Size (Acres) 0.1
Annual Property Tax 3143.07
Year Built 1897
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 8
Total # of Rooms 14
Interior Features Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Kitchen, Living RM/Dining RM Combo)
Exterior
Foundation Irregular
Roof Shingle
Construction Frame, Brick
# Parking Spaces 6
Lot Desc Level
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Hampden
Zoning R2
APN 2587232
Directions Off Main Street
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)
Net Operating Income 20745
Operating Expense 9588
Total Actual Rent 2550
Expense: Water/ Sewer 3363
Gross Income 30600
$443K
Range: $372K-$513K
Last 30 days 
  • Aug 2022
    mls logo MLS # 72977538
  • Aug 22, 2022 Sold
    $274,900 (+1.9%)
  • Jun 22, 2022 Active
    —
  • Jun 11, 2022 Price Change
    $269,900 (-1.8%)
  • Apr 29, 2022 Listed
    $274,900 (+801.3%)
  • Oct 2008
    mls logo MLS # 70824613
  • Oct 30, 2008 Sold
    $30,500
  • Sep 22, 2008 Listed
    $46,400 (-47.0%)
  • Oct 2008
    Public Records
  • Oct 24, 2008 Sold
    $30,500 (-34.3%)
  • Jun 2002
    Public Records
  • Jun 20, 2002 Sold
    $87,500
  • Year Property taxes Tax assessment
  • 2025
    $4,433 +10.1%
    $282,700 +12.81%
  • 2024
    $4,025 +49.0%
    $250,600 +58.11%
  • 2023
    $2,702 -12.8%
    $158,500 -3.76%
  • 2022
    $3,100 -1.4%
    $164,700 -0.96%
  • 2021
    $3,143 +3.8%
    $166,300 +7.29%
  • 2020
    $3,027 +23.7%
    $155,000 +24.6%
  • 2019
    $2,448 +8.8%
    $124,400 +8.84%
  • 2018
    $2,249 +5.0%
    $114,300 +4.96%
  • 2017
    $2,141 +13.5%
    $108,900
  • 2016
    $1,887
    —
  • 16 Grove St
    $274K
  • Memorial Square
    $439K -1% y/y
  • 01107
    $328K +26% y/y
  • Springfield
    $299K -2% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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