69 Winter St,Springfield, MA 01105
Springfield, MA 01105
Description
Strong investment property. This downtown Springfield investment property offers a $5,500+ monthly rent roll. The property consists of a joisted masonry building containing one 3BR apartment, one 5BR apartment, and ten garage bays that lease at a monthly rate of $150 each. Apartments feature a sunroom, and the 5BR apartment also has an office. The apartments are bright with renovated kitchens and a combination of hardwood and laminate flooring. The NOI is $50,579 and the cap rate is 13.35%. Located nearby to the Springfield FD Headquarters, the property offers access to major highways I-91, I-291 & I-90 (the Mass Pike); as well as area hospitals (under two miles to Baystate Medical Center and approximately one mile to Mercy Medical Center). The property is situated close to Springfield's CBD, nearby to MGM Springfield and the Basketball Hall of Fame, within a 30 minute drive time of UMass Amherst and the Five College Area.
Details
| MLS # | 73536012 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 98 |
| Listing Provided By | Timothy Thompson | Tim Thompson |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 3,520 |
| Garage | 10 |
| Basement | Y |
| Story(s) | 3 |
| Units | 2 |
| Zoning | B1 |
| Acreage | 0.15 |
| Property View | Yes |
Interior
| Rooms Total | 15 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Window Unit(s) |
| Heating Yes / No | Yes |
| Heating | Electric, Steam, Natural Gas |
| Interior Features | Living Room, Kitchen, Sunroom |
| Window Features | Insulated Windows |
| Appliances | Range, Refrigerator |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Wood, Laminate, Hardwood |
Exterior
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Shingle |
| Construction Materials | Brick |
| Foundation Details | Brick/Mortar |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Paved Drive, Other |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | for Electric Range, for Electric Oven |
|---|---|
| Sewer | Public Sewer |
| Electric | Circuit Breakers, Individually Metered |
Taxes
| Tax Annual Amount | 8321.25 |
|---|---|
| Tax Assessed Value | 389200 |
| Tax Year | 2026 |
Location
| Community Features | Public Transportation, Park, Medical Facility, Highway Access, Public School, Sidewalks |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Hampden |
| City | Springfield |
| Zip Code | 01105 |
| Area | Hampden |
| Listing VS Median (in 01105) | |
Price: $379,000 low | high Med: $332,450 sqft: 3,520 low | high Med: 2,855 $ / sqft: $108 low | high Med: $116 On site: 98 low | high Med: 138.5 | |
Market Activity 01105
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Learn More About This Property
| State | MA |
|---|---|
| County | Hampden |
| City | Springfield |
| Zip Code | 01105 |
| Area | Hampden |
| Listing VS Median (in 01105) | |
Price: $379,000 low | high Med: $332,450 sqft: 3,520 low | high Med: 2,855 $ / sqft: $108 low | high Med: $116 On site: 98 low | high Med: 138.5 | |
