Attention investors: Fully occupied six unit property with additional income from garages. This South End investment property is within walking distance to MGM. Start collecting rent immediately and benefit from the South End revival.
Multi-familyProperty Type
1901Year Built
6,521 sq ftLot Size
$56Price/Sq.Ft.
6 garage spacesParking
Listed by Marc Murphy• RR & Company Realty, LLC
Bought with Kempf-Vanderburgh Realty Consultants• Hampden Realty Center, LLC
HUGE PRICE REDUCTION!!! This is a stable, low maintenance 6 unit building. This building is turnkey. The units have been updated in recent years with commercial tiles floors and oak cabinets. The rear porches are newer and there is ample parking. There is a 6 bay garage. Four of the garage units are rented for $45 a month. The heat source is gas and the tenants pay for electric and gas for cooking. The last two tenants to move in pay $750 a month. The other 4 tenants are long term tenants. This property is located less than a mile from the $950 Million MGM Casino and one block away from the completely remodeled Outing Park Apartment Complex. The owners just spent $72 Million in renovation. These two projects make Marble St an up and coming area. There is an opportunity to greatly increase rents. Owner will consider some owner financing for qualified buyers. Rent for the 6th unit is $670.
MLS PIN #70164823
Jul 29, 2005
Sold
$244,000
$44/sq ft
Mar 30, 2005
Listed
$244,000
$44/sq ft
6 FAMILY WELL MAINTAINED WITH LEAD CERTIFICATES FOR ALL UNITS. NEWER REAR PORCHES AND A 6 CAR GARAGE TO POSSIBLY ADD EXTRA INCOME. LOTS OF UPDATES TO THE UNITS. THIS IS A CLEAN AND STABLE BUILDING.
Public Records
Oct 26, 2004
Sold
$219,000
$40/sq ft
MLS PIN #30801442
Jun 10, 2004
Sold
$219,000
$40/sq ft
Jan 8, 2004
Listed
$219,900
$40/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$6,181 (−8.4%)
$28,400 + $334,100
$362,500
2022
$6,747 (+17.4%)
$26,500 + $332,000
$358,500
2021
$5,749 (+10.7%)
$24,100 + $280,100
$304,200
2020
$5,193 (+7.7%)
$24,100 + $241,800
$265,900
2019
$4,820 (+5.9%)
$24,100 + $220,800
$244,900
2018
$4,552 (+12.0%)
$20,100 + $211,200
$231,300
2017
$4,066 (+7.4%)
$17,500 + $189,300
$206,800
2016
$3,787 (+3.8%)
$17,500 + $175,100
$192,600
2015
$3,647 (+13.6%)
$17,500 + $167,900
$185,400
2014
$3,209 (+8.5%)
$17,700 + $145,100
$162,800
2013
$2,957 (−0.6%)
$22,300 + $127,700
$150,000
2012
$2,975 (−6.9%)
$22,300 + $127,700
$150,000
2011
$3,194
$45,000 + $118,900
$163,900
Tax history for 11 Marble St
Year
Property tax
Land + Additions
Assessment*
2023
$6,181 (−8.4%)
$28,400 + $334,100
$362,500
2022
$6,747 (+17.4%)
$26,500 + $332,000
$358,500
2021
$5,749 (+10.7%)
$24,100 + $280,100
$304,200
2020
$5,193 (+7.7%)
$24,100 + $241,800
$265,900
2019
$4,820 (+5.9%)
$24,100 + $220,800
$244,900
2018
$4,552 (+12.0%)
$20,100 + $211,200
$231,300
2017
$4,066 (+7.4%)
$17,500 + $189,300
$206,800
2016
$3,787 (+3.8%)
$17,500 + $175,100
$192,600
2015
$3,647 (+13.6%)
$17,500 + $167,900
$185,400
2014
$3,209 (+8.5%)
$17,700 + $145,100
$162,800
2013
$2,957 (−0.6%)
$22,300 + $127,700
$150,000
2012
$2,975 (−6.9%)
$22,300 + $127,700
$150,000
2011
$3,194
$45,000 + $118,900
$163,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
—
Stories
3
Lot width
—
Lot depth
—
Lot size
6,534 Sq. Ft.
Year renovated
—
Sq. Ft.
5,488
Year built
1901
Style
Multi-Family (5+ Unit)
County
Hampden County
APN
2594191
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
BUS B
Service Business District
General business services that are more intense in nature than those in Business A. It is also applied to properties that provide services to heavier industrial land uses, but are not themselves industrial in nature
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Property details
Parking
Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 6
# of Covered Spaces: 6
Parking Spaces: 8
Parking Features: Paved Drive
Interior
Bathroom Information
# of Bathrooms (Full): 6
Interior Features
# of Rooms (Total): 18
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: N
Exterior
Building Information
Building Area (Total): 5,488
Foundation Details: Brick/Mortar
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Property Information
PropertySubType: 5-9 Family
Lot Information
Lot Size (Acres): 0.15
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $4,552
Tax Year: 2018
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Heating: Natural Gas
Location
Location Information
Directions: Main St to Marble St
UnparsedAddress: 11 Marble St, Springfield MA 01105
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Laundromat, Highway Access, Public School
Public facts
Beds: 6
Baths: —
Sq. Ft.: 5,488
Stories: 3.0
Lot Size: 6,534 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1901
Year Renovated: —
County: Hampden County
APN: 2594191
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Springfield Public Day Elementary School
Public 1-5 • Assigned • 1.9mi
2/10
South End Middle School
Public 6-8 • Assigned • 0.3mi
3/10
High School Of Commerce
Public 9-12 • Assigned • 0.9mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Springfield, MA • 01105
Average low and high temperatures (°F)
32
18
35
19
52
32
62
41
70
51
82
61
87
67
82
61
76
56
66
44
52
35
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.