About Home value Property history Market statistics Schools Neighborhood Places of interest

18 Fairmount, Springfield, MA 01108

$514,000
Last sold 12/22/2023 for $430K
6
bed
4
bath
5,406
Sqft ($80/Sqft)

Multi-family not for sale

Movoto is helping 124 homebuyers near you

About 18 Fairmount

Property type Multi-family

Neighborhood

Year built 1920

HOA fee $0/month

Lot size 5,001 Sqft

Movoto estimate

Property description

Investor ready-fully rented with established tenants. 2 units one the lefts side have 2 bedrooms and 2 units on right side have one bedroom. 3 main hall common areas. Main hall is the main entrance for all units and the two halls one each side of building have covered entrances that also lead to open basement. There are two laundry hook ups in the basement. All appliances belong to owner. Roof replaced in 2016 with 30 year shingle. Electric has been updated - no knob and tube and there is an owner panel - most lights hooked to owner panel are on timers. Area in back of house could be used for parking. two of the four units have delead certificate. 2 of 4 boilers are newer and one of those a month old. First unit on left has 9 new windows. flow of pictures are 2nd floor left (unit 2), 2nd floor right (unit 4), first floor left (unit 1) and first floor right (unit 3). right side of house are 1 bedroom and left side are 2 bedroom.

Listed by

Listing Agent - Nicolle Serafino

Listing Office - RE/MAX Connections

Source: MLS Property Information Network, Inc.

MLS#73185267 • last updated 2 years ago

Movoto checked MLS Property Information Network, Inc. for data 3 minutes ago

Overview
Cooling/AC	Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
Heating	Unit 1(Steam, Gas), Unit 2(Steam, Gas), Unit 3(Steam, Gas), Unit 4(Steam, Gas)
Levels/Style	6
MLS #	73185267
Type	Residential Income
Status	Closed
SubType	4 Family
SqFt	5406
Lot Size (SqFt)	5001
Lot Size (Acres)	0.11
Annual Property Tax	4817
Year Built	1920

Interior
Total # of Bathrooms	4
# Full Baths	4
Total # of Bedrooms	6
Basement	Full, Interior Entry, Concrete, Unfinished
Total # of Rooms	18
Laundry	Laundry Room, Washer Hookup
Flooring	Unit 1(undefined), Unit 2(Hardwood Floors, Wood Flooring, Wall To Wall Carpet), Unit 3(Hardwood Floors), Unit 4(Tile Floor, Hardwood Floors)
Appliances	Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Utility Connections For Gas Range, Utility Connections For Electric Range
Accessibility Features	Unit 2 Handicapped Equipped
Interior Features	Unit 1(Pantry, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower), Unit 2(Pantry, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower), Unit 3(Pantry, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower), Unit 4(Pantry, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Dining Room, Kitchen), Unit 4 Rooms(Living Room, Dining Room, Kitchen)

Exterior
Foundation	Block
Roof	Shingle
Parking Desc	Paved Drive, Off Street, Paved, Other
# Parking Spaces	8
Fencing	Fenced/Enclosed

Amenities / Utilities
Sewer	Public Sewer
Utilities	For Gas Range, for Electric Range, Washer Hookup
Electricity	Circuit Breakers
Water Source	Public

Location
County	Hampden
Community Features	Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, House Of Worship, Public School
Zoning	R2
APN	2583980
Directions	From Sumner Ave Turn Onto Lawndale And Turn Onto Fairmount. House On Right Side - Parking On Street

Multifamily Details
Rent Includes	Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Net Operating Income	38759
Operating Expense	14641
Total Actual Rent	4455
Expense: Water/ Sewer	1734
Gross Income	53400
Expense: Electricity	975