$ 679,000
39-41 Hall St Springfield, MA 01108
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 679,000
Est. payment /mo
Active
39-41 Hall St Springfield, MA 01108
10 Beds
6 Baths
6,006 SqFt
UPDATED:
10/15/2024 02:27 PM
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,006 sqft
Price per Sqft $113
MLS Listing ID 73299794
Bedrooms 10
Full Baths 6
Year Built 1922
Annual Tax Amount $7,155
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Investment opportunity: Fully rented 6-family property in Springfield offers separate utilities for each unit, including individual water heaters and gas furnaces, with tenants paying their own utilities. All six units have lead compliance certificates. Four tenants with leases generate $4,215 in monthly rent, while two furnished units bring in $2,450 per month after expenses from long-term stays. The property generates approximately $80,000 annually between the leased units and furnished rentals. All furniture and furnishings for the furnished units are included in the sale, allowing the new owner to start generating revenue immediately upon purchase. The buyer can also choose to assume the current management agreement or self-manage. Open House: Sunday 10/13 11am-12pm
Location
State MA
County Hampden
Zoning R2
Direction Use GPS
Rooms
Basement Full, Unfinished
Interior
Interior Features Living Room, Kitchen
Heating Hot Water
Exterior
Waterfront false
Garage No
Building
Lot Description Other
Story 7
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by MP Signature Realty LLC