69 Winter St
$495,000
8
Beds
2
Baths
3,520
Sqft
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$495,000
8
Beds
2
Baths
3,520
Living Area
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Property Description
This downtown Springfield investment property offers a $5,300 rent roll. The property consists of a joisted masonry building containing one 3BR apartment, one 5BR apartment, and nine individual garage bays. 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 projected NOI is $53,000 and the cap rate is 10.7%. Located across the street from 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.
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Highlights
- Cooling: Window Unit(s)
- Heating: Electric, Steam, Natural Gas
- Property Class: Residential Income
- Stories: 3
- Year Built: 1920
- Has View: Yes
- Levels: 3
- Property Type: Multi Family
- Total Rooms: 10
- Status: Active
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Brick
- Flooring: Wood, Laminate, Hardwood
- Interior Features: Living Room, Kitchen, Sunroom
- SqFt Source: Public Record
- View: City View(s)
- Year Built Source: Public Records
- Basement: Full, Garage Access, Concrete, Unfinished
- Exterior Features: Rain Gutters
- Foundation: Brick/Mortar
- Roof: Shingle
- Total Number of Units: 2
- Year Built Details: Actual
- Zoning: B1
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Amenities
- Community Features: Public Transportation, Park, Medical Facility, Highway Access, Public School, Sidewalks
- Parking Features: Paved Drive, Other
- Covered Parking Spaces: 10
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $289,000
- Compensation Based On: Net Sale Price
- Tax Year: 2024
- Total Rent: $3,850
- Buyer Agent Compensation: 2%
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $4,641
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Content © 2025 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Timothy Thompson.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.