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Main St Apartments 570-574 Main St 7 Unit Apartment Building $740,000 ($105,714/Unit) Springfield, MA 01105
Investment Highlights
- Mixed-use property featuring commercial and residential components.
- Ground floor includes three interconnected commercial storefronts.
- Main Street location offers visibility and access within Springfield.
- Second floor contains two residential units with multiple-bedroom layouts.
Executive Summary
Attention Investors! This property Located on main st, Springfield. This is mixed use commercial and residential use. There are three front stores open to each other and they use it as a church, second floor has two residential units, one has 3 bedrooms and 2 bathrooms, a living room, and a kitchen. The second unit has 2 bedrooms and 2 bathrooms, living room and kitchen. Third floor has 4 units, all units similar to each other. Each unit has a big bedroom, kitchen and full bathroom. This property will go fast. Schedule your private showing today.
Property Facts
| Price | $740,000 | Building Class | C |
| Price Per Unit | $105,714 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 31,230 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1904 |
| Apartment Style | Low-Rise | ||
| Zoning | B2 | ||
| Price | $740,000 |
| Price Per Unit | $105,714 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 31,230 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1904 |
| Zoning | B2 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+2 | 1 | - | - |
| 3+2 | 1 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | SPRI-008130-000000-000052 | Improvements Assessment | $458,900 |
| Land Assessment | $120,900 | Total Assessment | $579,800 |
Property Taxes
Parcel Number
SPRI-008130-000000-000052
Land Assessment
$120,900
Improvements Assessment
$458,900
Total Assessment
$579,800
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Main St Apartments | 570-574 Main St