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90 High St, Springfield, MA 01105

$815,000

Last sold 05/18/2020 for $440K

24
bed
8
bath
7,675
Sqft ($57/Sqft)

Multi-family not for sale

About 90 High St

Property type Multi-family

Neighborhood

Year built 1916

HOA fee $0/month

Lot size 4,373 Sqft

Movoto estimate

Property description

Great Investment Property! 8 family. Lead Certs available! This Property has been owned by current owner over 16 years and has been well maintained. Owner retiring. All units have newly installed individual gas meters for heat. Updates include: Roof approx 7 yrs old, newer heating system plus a conversion from oil to gas completed approx. 4 years ago, newer gas tank installed 4 months ago, repairs to the rear porch completed approx. 1 year ago. The electrical is separately metered the tenants are responsible. The Landlord pays for the gas heat, hot water and water by choice. There's two 8 unit building for sale separately they both share a common driveway, same owner. This is a great opportunity to own two building side by side. Great location, 6 minutes from MGM Casino and Springfield Community College close to all major highways. Expenses include; water, gas, insurance, pest control, dumpster shared by both buildings, lights, verizon & tyco alarm system

Listed by

Listing Agent - The Sanchez Team

Listing Office - RE/MAX IGNITE

Source: MLS Property Information Network, Inc.

MLS#72738088 • last updated 6 years ago

Movoto checked MLS Property Information Network, Inc. for data 2 minutes ago

Overview
Heating	Hot Water, Natural Gas, Baseboard
Levels/Style	5, 5
MLS #	72738088
Type	Residential Income
Status	Closed
SubType	5-9 Family
SqFt	7675
Lot Size (SqFt)	4373
Lot Size (Acres)	0.1
Annual Property Tax	8952
Year Built	1916

Interior
Total # of Bathrooms	8
# Full Baths	8
Total # of Bedrooms	24
Basement	Full, Partially Finished, Walk-Out Access, Concrete
Total # of Rooms	40
Flooring	Tile, Vinyl, Carpet, Varies
Appliances	Range, Refrigerator
Interior Features	Lead Certification Available, Living Room, Kitchen
Window Features	Insulated Windows

Exterior
Foundation	Brick/Mortar
Roof	Rubber, Other
Construction	Frame
Parking Desc	Paved Drive, Off Street, Paved
# Parking Spaces	8
Exterior Features	Balcony
Fencing	Fenced/Enclosed

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

Location
County	Hampden
Community Features	Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House Of Worship, Public School, University, Other, Sidewalks
Zoning	R3
APN	S:06597 P:0025, 2588607
Directions	State Street To School Street Left Onto High Street

Multifamily Details
Rent Includes	Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Gas, Water, Hot Water), Unit 4(Heat, Gas, Water, Hot Water)
Net Operating Income	85801
Operating Expense	24371
Total Actual Rent	4565
Financial Data Source	Estimated, Owner
Expense: Water/ Sewer	5656
Gross Income	110172
Expense: Electricity	798