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Sold on 10/05/2023

38 Rutledge Ave, Springfield, MA 01105

  • $460,000

    Last sold 10/05/2023 for $410K

  • 8

    bed

  • 3

    bath

  • 3,041

    Sqft ($135/Sqft)

Multi-family not for sale
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About 38 Rutledge Ave

Property type Multi-family
Neighborhood
Year built 1897
HOA fee $0/month
Lot size 4,430 Sqft
Movoto estimate
Parking 2 garage spaces
Property description
Come check out this great professionally managed investment opportunity! This 3 family which is fully occupied and has many updates including a newer roof. Short distance to Starbucks, McDonalds, MGM Casino, and major highway. This property also has its own driveway with a two-car garage and small backyard. Tenants pay their own utilities. Each unit has its own newer gas force hot air heating. Lead Certs for all 3 units. This property produces over $53,700 in revenue! Schedule a showing today!
Listed by
Listing Agent - Heung Poon
Listing Office - Melinda Puzon
Source: MLS Property Information Network, Inc. mls logo
MLS#73165503 • last updated 2 years ago
Movoto checked MLS Property Information Network, Inc. for data 2 minutes ago
Overview
Heating Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas), Unit 3(Forced Air, Gas)
Levels/Style 3
MLS # 73165503
Type Residential Income
Status Closed
SubType 3 Family - 3 Units Up/Down
SqFt 3041
Lot Size (SqFt) 4430
Lot Size (Acres) 0.1
Annual Property Tax 3652
Year Built 1897
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 8
Basement Full
Total # of Rooms 16
Appliances Utility Connections For Gas Range
Exterior
Foundation Brick/Mortar
# Covered Spaces 2
# Parking Spaces 4
# Garage Spaces 2
Lot Desc Other
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Range
Water Source Public
Location
County Hampden
Zoning R3
APN S:10485 P:0008, 2604495
Directions Off Main Street / GPS - 38 Rutledge Ave. Springfield MA
Multifamily Details
Net Operating Income 53700
Total Actual Rent 4475
Gross Income 53700
$460K
Range: $391K-$529K
Last 30 days 
  • Oct 2023
    mls logo MLS # 73165503
  • Oct 30, 2023 Sold
    $410,000 (+13.9%)
  • Oct 5, 2023 Active
    —
  • Oct 1, 2023 Listed
    $360,000 (+9.1%)
  • May 2023
    mls logo MLS # 73113235
  • May 25, 2023 Active
    —
  • May 17, 2023 Listed
    $330,000 (+50.0%)
  • Jun 2021
    Public Records
  • Jun 4, 2021 Sold
    $220,000 (+4.8%)
  • Mar 2021
    mls logo MLS # 72803634
  • Mar 24, 2021 Listed
    $209,900 (+133.2%)
  • May 2019
    Public Records
  • May 23, 2019 Sold
    $90,000
  • 38 Rutledge Ave
    $410K
  • South End
    $772K +275% y/y
  • 01105
    $206K -1% y/y
  • Springfield
    $310K +6% y/y
No chart available
Statistics calculated by Movoto

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1/10
South End Middle School
public Grades 6-8
Springfield School District
2/10
High School Of Commerce
public Grades 9-12
Springfield School District
2/10
High School/Science-Tech
public Grades 9-12
Springfield School District
3/10
Springfield Central High School
public Grades 9-12
Springfield School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • MA
  • Hampden County
  • Springfield
  • 01105
  • South End
  • 38 Rutledge Ave
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Massachusetts Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith in interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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