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Sold on 12/21/2021
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83-85 Parker St, Springfield, MA 01151

$473,000

Last sold 12/21/2021 for $385K

  • 8

    bed

  • 4

    bath

  • 3,024

    Sqft ($127/Sqft)

Multi-family not for sale
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About 83-85 Parker St

Property type Multi-family
Neighborhood
Year built 1918
HOA fee $0/month
Lot size 5,502 Sqft
Movoto estimate
Property description
***Highest and Best offer by Tuesday 12/21/2021 at 5PM*** New shingles on the roof of this lead certified 4 unit property in the Indian Orchard section of Springfield. Vinyl windows and many updates throughout. The 2) 1st floor units are both 3 room 1 bedroom 1 bathroom and rented for 775$ each. The upstairs units are both 2 levels on the 2nd & 3rd floor. The left side is a 4 room 2 bedroom 1 bathroom and is vacant. The right side is 5 room 3 bedroom 1 bathroom and is vacant as well. 3 new gas water heater this year and 1 replaced in 2020. Updated electric panels and owners meter. 4 gas forced hot water boilers. The 3rd floor rooms have electric baseboard heat. New bulkhead. ***Highest and Best offer by Tuesday 12/21/2021 at 5PM***
Listed by
Listing Agent - Chad Lynch
Listing Office - NextHome Elite Realty
Source: MLS Property Information Network, Inc. mls logo
MLS#72926649 • last updated 4 years ago
Movoto checked MLS Property Information Network, Inc. for data 7 minutes ago
Overview
Heating Baseboard, Natural Gas, Electric
Levels/Style 6, 6
MLS # 72926649
Type Residential Income
Status Closed
SubType 4 Family
SqFt 3024
Lot Size (SqFt) 5502
Lot Size (Acres) 0.13
Annual Property Tax 3992
Year Built 1918
Interior
Total # of Bathrooms 4
# Full Baths 4
Total # of Bedrooms 8
Basement Full, Bulkhead
Total # of Rooms 15
Flooring Wood, Vinyl, Carpet
Window Features Insulated Windows
Exterior
Foundation Stone, Brick/Mortar
Roof Shingle
Construction Frame
Parking Desc Paved Drive, Off Street
# Parking Spaces 6
Lot Desc Corner Lot
Amenities / Utilities
Sewer Public Sewer
Electricity 100 Amp Service
Water Source Public
Location
County Hampden
Zoning B1
APN S:09510 P:1955
Directions Parker St
Multifamily Details
Net Operating Income 15100
Operating Expense 3500
Total Actual Rent 4000
Financial Data Source Estimated
Expense: Water/ Sewer 3000
Gross Income 48000
Expense: Electricity 500
$473K
Range: $373K-$572K
Last 30 days 
  • Feb 2022
    mls logo MLS # 72926649
  • Feb 15, 2022 Sold
    $385,000 (+1.3%)
  • Dec 16, 2021 Listed
    $379,999 (+100.0%)
  • Sep 2004
    mls logo MLS # 70064061
  • Sep 13, 2004 Sold
    $190,000
  • Jul 16, 2004 Listed
    $229,000
  • Sep 2004
    Public Records
  • Sep 2, 2004 Sold
    $190,000 (-17.0%)
  • Year Property taxes Tax assessment
  • 2025
    $5,717 -1.1%
    $364,600 +1.28%
  • 2024
    $5,782 +13.9%
    $360,000 +20.93%
  • 2023
    $5,076 +9.8%
    $297,700 +21.21%
  • 2022
    $4,622 +15.8%
    $245,600 +16.29%
  • 2021
    $3,992
    $211,200
  • 83-85 Parker St
    $385K
  • Indian Orchard
    $299K +3% y/y
  • 01151
    $350K
  • Springfield
    —
No chart available
Statistics calculated by Movoto

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3/10
Indian Orchard Elementary School
public Grades PK, K-5
Springfield School District
3/10
John F Kennedy Middle School
public Grades 6-8
Springfield School District
3/10
Springfield Central High School
public Grades 9-12
Springfield School District
2/10
High School/Science-Tech
public Grades 9-12
Springfield School District
Source: GreatSchools.org © 2026. All rights reserved.

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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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