Great opportunity for investors or owner-occupants looking to add to their portfolio. This multi-family property is located on a residential street in Springfield and offers solid rental potential. With multiple units and a traditional layout, it presents a strong foundation for generating consistent cash flow.
Multi-familyProperty Type
1914Year Built
$170Est. Price/Sq.Ft.
Listed by Filipe Mendes• Jacob Realty, LLC
Bought with Michael Lima• Executive Real Estate, Inc.
Vacant two family offers the fortunate buyer two units in move in ready condition. First floor unit offers four rooms two bedrooms and the second floor unit offers six rooms three bedrooms. Freshly sanded and stained hardwood floors throughout much of both units, new parquet flooring in both kitchen and bathrooms. Both kitchens offer new cabinets and granite countertops. Replacement windows, circuit breakers boxes, gas hot forced air heating units, and a fenced in yard.
MLS PIN #71177147
Mar 21, 2011
Sold
$31,000
$14/sq ft
Jan 10, 2011
Listed
$34,900
$15/sq ft
Incredible return potential at this price! Needs work but has great bones. Townhouse style unit on second and third floor would be great for owner occupant or could draw a high rent. Bank owned.
Public Records
Apr 6, 2005
Sold
$115,000
$51/sq ft
MLS PIN #70134030
Feb 28, 2005
Sold
$99,900
$44/sq ft
Jan 13, 2005
Listed
$109,900
$49/sq ft
MLS PIN #30564932
Feb 6, 2003
Sold
$89,900
$40/sq ft
Nov 30, 2001
Listed
$89,900
$40/sq ft
MLS PIN #30452710
Dec 13, 2000
Sold
$26,000
$11/sq ft
Oct 11, 2000
Listed
$25,900
$11/sq ft
Public Records
Jun 8, 1999
Sold
$65,000
$29/sq ft
MLS PIN #30287979
Mar 25, 1999
Sold
$15,000
$7/sq ft
Jan 24, 1999
Listed
$17,900
$8/sq ft
Public Records
Nov 20, 1987
Sold
$71,200
$31/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$4,394 (+8.7%)
$22,700 + $235,000
$257,700
2022
$4,043 (+40.2%)
$20,700 + $194,100
$214,800
2021
$2,884 (−2.9%)
$18,800 + $133,800
$152,600
2020
$2,971 (+18.3%)
$18,800 + $133,300
$152,100
2019
$2,511 (+5.8%)
$18,800 + $108,800
$127,600
2018
$2,373 (−0.8%)
$18,800 + $101,800
$120,600
2017
$2,391 (+14.8%)
$15,100 + $106,500
$121,600
2016
$2,082 (+43.4%)
$15,100 + $90,800
$105,900
2015
$1,452 (+2.3%)
$15,100 + $58,700
$73,800
2014
$1,419 (+12.2%)
$17,700 + $54,300
$72,000
2013
$1,265 (−1.9%)
$17,700 + $46,500
$64,200
2012
$1,289 (−11.6%)
$17,700 + $47,300
$65,000
2011
$1,458
$17,700 + $57,100
$74,800
Tax history for 166 King
Year
Property tax
Land + Additions
Assessment*
2023
$4,394 (+8.7%)
$22,700 + $235,000
$257,700
2022
$4,043 (+40.2%)
$20,700 + $194,100
$214,800
2021
$2,884 (−2.9%)
$18,800 + $133,800
$152,600
2020
$2,971 (+18.3%)
$18,800 + $133,300
$152,100
2019
$2,511 (+5.8%)
$18,800 + $108,800
$127,600
2018
$2,373 (−0.8%)
$18,800 + $101,800
$120,600
2017
$2,391 (+14.8%)
$15,100 + $106,500
$121,600
2016
$2,082 (+43.4%)
$15,100 + $90,800
$105,900
2015
$1,452 (+2.3%)
$15,100 + $58,700
$73,800
2014
$1,419 (+12.2%)
$17,700 + $54,300
$72,000
2013
$1,265 (−1.9%)
$17,700 + $46,500
$64,200
2012
$1,289 (−11.6%)
$17,700 + $47,300
$65,000
2011
$1,458
$17,700 + $57,100
$74,800
*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
2
Stories
2
Lot width
—
Lot depth
—
Lot size
6,534 Sq. Ft.
Year renovated
—
Sq. Ft.
2,264
Year built
1914
Style
Multi-Family (2-4 Unit)
County
Hampden County
APN
2590623
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
RES B
Urban Residential District
Medium density residential, primarily single-family and twofamily
Permitted uses
Include but are not limited to:
Agriculture
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Other
Property details
Parking
Parking Information
Has Open Parking
Parking Features: Paved Drive
Interior
Bathroom Information
# of Bathrooms (Full): 2
Basement Information
Basement: Full, Walk-Out Access, Bulkhead
Interior Features
# of Rooms (Total): 12
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: N
Exterior
Building Information
Building Area (Total): 2,264
Foundation Details: Brick/Mortar
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Color: White
Exterior Features
Roof: Shingle
Property Information
PropertySubType: 2 Family - 2 Units Up/Down
Financial
Tax Information
Tax Annual Amount: $4,205
Tax Year: 2025
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: GPS
UnparsedAddress: 166 King, Springfield MA 01109
Community Information
Senior CommunityYN: No
Public facts
Beds: 6
Baths: 2.0
Sq. Ft.: 2,264
Stories: 2.0
Lot Size: 6,534 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1914
Year Renovated: —
County: Hampden County
APN: 2590623
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
STEM Middle Academy
Public 6-8 • Assigned • 1.2mi
3/10
High School Of Commerce
Public 9-12 • Assigned • 0.7mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Springfield, MA • 01109
Average low and high temperatures (°F)
32
17
35
18
52
31
62
41
70
50
83
61
87
67
83
59
77
55
66
44
52
34
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.
9.1 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$365,000 – $442,000
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