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40 Warriner Ave

Springfield, MA 01108
$1,395,000
19 Beds
12 Baths
13,755 Living Area
  • Property Description
    Stunning 12-Unit Apartment Building in Prime Location! Welcome to your next investment opportunity. This exceptional 12-unit apartment building is fully occupied, perfectly situated in a highly desirable neighborhood on a dead-end street with an adjacent lot (0.16 acres/7,000sqft) that is also for sale (MLS #73262765). The building comprises a mix of spacious one-bedroom and two-bedroom units with two units convertible from one to two bedrooms. Each unit has been thoughtfully designed with modern amenities and stylish finishes, ensuring a high-quality living experience for tenants. With a strong rental history and high demand in the area, this building presents a lucrative investment opportunity. The well-maintained property ensures low maintenance costs and steady cash flow. This 12-unit apartment building is a rare find in such a prime location.
  • Highlights
    • Parking Spots: 5
    • Property Type: 5+ Family - 5+ Units Up/Down
    • Year Built: 1913
    • Property Class: Residential Income
    • Total Rooms: 46
    • Status: Closed
  • Additional Details
    • Construction: Frame, Brick
    • Foundation Area: 2751
    • Road Frontage Type: Public, Dead End
    • Total Number of Units: 12
    • Year Built Source: Public Records
    • Foundation: Block
    • Lot Features: Additional Land Avail., Level
    • Roof: Rubber
    • Year Built Details: Actual
    • Zoning: R3
  • Amenities
    • Community Features: Public Transportation, Shopping, Highway Access
    • Parking Features: Paved Drive, Off Street, Paved
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $616,300
    • Compensation Based On: Net Sale Price
    • Taxes: $10,508
    • Buyer Agent Compensation: 2%
    • Tax Year: 2023
    • Total Rent: $16,100

Location

40 Warriner Ave, Springfield, MA 01108

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