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You are here:
Home Massachusetts Springfield Multi-Family Homes for Sale

145 Main St / 32-40 Oak St Springfield, MA 01151

14 Days on Boston Pads
35 Photos
$1,399,900
15 Unit
17 Beds
15 Baths
16795 SQFT
0.38 Acre
145 Main St / 32-40 Oak St
Springfield, MA 01151

Property Description

Opportunity knocks! Looking for a great investment in a high-traffic, high-visibility area of Indian Orchard? Located on the corner of Main and Oak Street this building has loads of income-generating potential! Featuring 6 retail spaces and 9 residential apartments. A newer furnace supplies central heat. Parking in the rear and front of the building. Call for more details or for a private showing.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 15
  • Total Floors: 5
  • Total Bedrooms: 17
  • Total Full Baths: 9
  • Total Half Baths: 6
  • Amenities: House of Worship, Medical Facility, Public School, Public Transportation, Shopping
  • Basement Features: Full
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: Yes
  • Gross Operating Income: 194340
  • Gross Expenses: 80019
  • Net Operating Income: 98774

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2

Unit 4 Description

  • Under Lease: Yes

Construction

  • Year Built: 1914
  • Type: 5-9 Family
  • Construction Type: Aluminum, Block, Brick, Frame, Frame
  • Foundation Info: Brick, Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Concrete, Hardwood, Laminate, Tile, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73233899
  • Last Updated: 05/10/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
05/10/2024Active$1,399,900$83MLSPIN
05/06/2024New$1,399,900$83MLSPIN
04/21/2024Expired$1,440,000$86MLSPIN
01/14/2024Active$1,440,000$86MLSPIN
01/10/2024Price Change$1,440,000$86MLSPIN
11/24/2023Active$1,490,000$89MLSPIN

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Map & Resources

Seller's Representative: Fallah Razzak, Lock and Key Realty Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 2
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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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 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.

MLS PIN data last updated at 2024-05-10 03:05:00