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396 Main St, Springfield, MA 01151

$418,000
Last sold 11/20/2022 for $220K
6
bed
3
bath
3,066
Sqft ($72/Sqft)

Multi-family not for sale

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About 396 Main St

Property type Multi-family

Neighborhood

Year built 1903

HOA fee $0/month

Lot size 5,001 Sqft

Movoto estimate

Property description

3 Family fantastic investor opportunity in Indian Orchard! Wonderful location - on a corner lot on Main St. w/plenty of off street parking. ALL units offer nice sized bedrooms & kitchens; are individually metered for gas and electric (only utility owner pays is water/sewer) and all have basement storage space w/washer dryer hookups in basement (any washer/dryers belong to tenants). The spacious 3 bedroom 2nd floor apartment also offers a beautiful sunroom + large walkup attic space. The 2 bedroom 1st floor apartment has an addt'l finished room in basement w/fridge/stove. The 1 bedroom unit offers a tandem room off bedroom - can be a huge walk in closet! Updated electrical, 2 newer hot water heaters, vinyl sided w/small fenced in yard makes for easy maintenance. All long term tenants with excellent payment history - ALL will stay with sale APO. Current rents are way below market rate.

Listed by

Listing Agent - Susan Lefebvre

Listing Office - ROVI Homes

Source: MLS Property Information Network, Inc.

MLS#73046423 • last updated 3 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)
Heating	Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
Levels/Style	4
MLS #	73046423
Type	Residential Income
Status	Closed
SubType	3 Family
SqFt	3066
Lot Size (SqFt)	5001
Lot Size (Acres)	0.11
Annual Property Tax	3619
Year Built	1903

Interior
Total # of Bathrooms	3
# Full Baths	3
Total # of Bedrooms	6
Basement	Partially Finished, Bulkhead
Total # of Rooms	14
Flooring	Varies Per Unit
Appliances	Unit 1(Refrigerator, Other (See Remarks)), Unit 2(Range, Refrigerator, Other (See Remarks)), Unit 3(Other (See Remarks)), Gas Water Heater, Utility Connections For Gas Range
Interior Features	Unit 2(Storage), Unit 3(Storage, Other (See Remarks)), Unit 1 Rooms(Living Room, Kitchen, Office/Den, Other (See Remarks)), Unit 2 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 3 Rooms(Living Room, Kitchen, Sunroom, Other (See Remarks))

Exterior
Foundation	Brick/Mortar, Other
Roof	Shingle
Construction	Frame
Parking Desc	Paved Drive, Off Street, Paved
# Parking Spaces	6
Patio/ Porch	Enclosed
Fencing	Fenced/Enclosed, Fenced
Lot Desc	Corner Lot, Level

Amenities / Utilities
Sewer	Public Sewer
Utilities	For Gas Range
Electricity	Circuit Breakers
Water Source	Public

Location
County	Hampden
Community Features	Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House Of Worship
Zoning	B1
APN	S:08132 P:0101, 2593604
Directions	In GPS Put In 396 Main St., Indian Orchard Springfield - Is At Corner Of Main And Indian Leap St.

Multifamily Details
Rent Includes	Unit 1(Water), Unit 2(Water), Unit 3(Water)
Net Operating Income	14236
Operating Expense	9164
Total Actual Rent	1950
Financial Data Source	Owner
Expense: Water/ Sewer	2880
Gross Income	23400