***HIGHEST & BEST OFFERS DUE BY MONDAY, MARCH 4TH @ 5PM *** Excellent 3 family investment opportunity!! Looking to add or to start your rental portfolio, Well look no further, 11 Reed Ave is just the one!! All units have the same layout - kitchen, living room, bath, 3 bedrooms & rear porch.Separate utilities for all units, including in unit electric panels, individual natural gas forced hot air furnaces, Dedicated Water Heaters & More. Units have updates and are rented with long term tenants. Tenants can also enjoy on-site laundry facilities if buyer chooses in common area basement. Month to Month Tenants - Current rent is below market value so there is room for increased income. Owner pays water, sewer & trash. Close to area colleges, Library, shopping centers, and more! This building is nestled amongst other multi-unit homes with its own off street parking. Now is the time, invest in your future! Schedule your appointment today. Group Showings at specified times only.
Multi-familyProperty Type
1920Year Built
2,925 sq ftLot Size
$155Est. Price/Sq.Ft.
4 spacesParking
Listed by Dakota Richards• ERA M Connie Laplante Real Estate
Bought with Dakota Richards• ERA M Connie Laplante Real Estate
GENERATES $2,350 Monthly. Great investment opportunity! It's has potential for great CASH FLOW! FULLY RENTED 15 ROOM WITH 3 BEDROOMS IN EACH UNIT. IT'S 3 STORY, 3 FAMILY . ALL UNITS HAVE LEAD CERTIFICATES AS WELL !!
MLS PIN #30593083
Jun 6, 2002
Sold
$69,900
$22/sq ft
Apr 2, 2002
Listed
$69,900
$22/sq ft
HANDY MAN SPECIAL BEING SOLD IN "AS IS" CONDITION. GREAT OPPORTUNITY FOR INVESTOR OR OWNER OCCUPIED. SEPARATE UTILITIES. LEAD COMPLIANCE LETTERS AVAILABLE. PROPERTY IS VACANT. CALL L/AGENT FOR LOCKBOX COMBO.
Year
Property tax
Land + Additions
Assessment*
2023
$3,821 (+1.0%)
$52,200 + $200,000
$252,200
2022
$3,782 (+6.8%)
$45,400 + $177,200
$222,600
2021
$3,540 (+6.9%)
$39,000 + $162,000
$201,000
2020
$3,310 (+1.3%)
$39,000 + $150,600
$189,600
2019
$3,269 (+2.4%)
$39,000 + $143,000
$182,000
2018
$3,193 (+6.6%)
$37,100 + $137,300
$174,400
2017
$2,996 (+3.1%)
$37,000 + $136,100
$173,100
2016
$2,907 (+20.3%)
$37,000 + $134,900
$171,900
2015
$2,417 (+6.2%)
$37,000 + $100,800
$137,800
2014
$2,275 (−1.4%)
$37,000 + $100,800
$137,800
2013
$2,307 (−4.5%)
$39,500 + $107,100
$146,600
2012
$2,416 (+1.9%)
$39,500 + $122,300
$161,800
2011
$2,372
$39,500 + $122,300
$161,800
Tax history for 11 Reed Ave
Year
Property tax
Land + Additions
Assessment*
2023
$3,821 (+1.0%)
$52,200 + $200,000
$252,200
2022
$3,782 (+6.8%)
$45,400 + $177,200
$222,600
2021
$3,540 (+6.9%)
$39,000 + $162,000
$201,000
2020
$3,310 (+1.3%)
$39,000 + $150,600
$189,600
2019
$3,269 (+2.4%)
$39,000 + $143,000
$182,000
2018
$3,193 (+6.6%)
$37,100 + $137,300
$174,400
2017
$2,996 (+3.1%)
$37,000 + $136,100
$173,100
2016
$2,907 (+20.3%)
$37,000 + $134,900
$171,900
2015
$2,417 (+6.2%)
$37,000 + $100,800
$137,800
2014
$2,275 (−1.4%)
$37,000 + $100,800
$137,800
2013
$2,307 (−4.5%)
$39,500 + $107,100
$146,600
2012
$2,416 (+1.9%)
$39,500 + $122,300
$161,800
2011
$2,372
$39,500 + $122,300
$161,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
9
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
3,049 Sq. Ft.
Year renovated
—
Sq. Ft.
3,240
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Hampden County
APN
2500770
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Common, Paved