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993-1015 Main St

West Springfield, MA 01089
$1,300,000
28 Beds
8/1 Baths
10,313 Living Area
  • Property Description
    A rare multi-family package deal consisting of three properties: 993-999, 1009-1011 Main St and 1013-1015 Main St. This offering includes 8 fully-occupied residential units and 1 commercial space. The residential units feature (1) two-family home with 2-bedroom units and (2) three-family homes, each unit boasting 4 bedrooms, along with a commercial space currently used as a church. All properties have been well-maintained, with recent updates to the roof, flooring, and heating systems. This ideal investment property has a strong cap rate with more room for growth as well as long term tenants! All tenants pay for their utilities (gas, heat, hot water, and electricity), while the owner covers water, sewer, and dumpster fees. Off-street parking is also available. With great cash flow and potential for rent increases, this property is ready to generate returns! Don’t miss out on this incredible opportunity!
  • Highlights
    • Heating: Forced Air, Natural Gas
    • Property Class: Residential Income
    • Total Rooms: 30
    • Status: Closed
    • Parking Spots: 13
    • Property Type: 5-9 Family
    • Year Built: 1900
  • Additional Details
    • Appliances: Range, Refrigerator
    • Construction: Frame
    • Foundation: Brick/Mortar
    • Road Frontage Type: Public
    • Total Number of Units: 9
    • Year Built Source: Owner
    • Basement: Concrete, Unfinished
    • Flooring: Tile, Carpet
    • Lot Features: Level, Other
    • Roof: Shingle
    • Year Built Details: Approximate
    • Zoning: Ba
  • Utilities
    • Electric: 100 Amp Service
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Buyer Agent Compensation: 1.5%
    • Tax Year: 2024
    • Facilitator Compensation: 1.5%
    • Taxes: $14,380

Location

993-1015 Main St, West Springfield, MA 01089

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