This massive property on Eastern Ave offers an impressive 9 bedrooms and 3 full bathrooms across spacious units, making it ideal for both owner-occupants and savvy investors alike. The property also features an additional 3 finished rooms and a full bathroom in the basement, presenting endless possibilities for expansion, extended living space, home office setup, or creative use.The vacant first-floor unit combined with the basement space provides immediate flexibility for an owner-occupant looking to “live for free” while collecting rental income from the upper units to pay mortgage. Solar panels add additional value and help reduce utility costs, especially for the owner-occupied spaces.The second and third-floor tenants are currently tenants-at-will and are willing to pay market rent from day one, creating strong income potential right away.Whether you’re looking to expand your portfolio or house-hack, Dont miss it!
Multi-familyProperty Type
1908Year Built
3,798 sq ftLot Size
$155Price/Sq.Ft.
3 spacesParking
Listed by Benny Troncoso• eXp Realty LLC - Corporate Office
Listed by • eXp Realty LLC - Corporate Office
Bought with Jonathan Jiminian• Lock and Key Realty Inc.
This two-family property offers excellent rental income. The first-floor unit has three bedrooms, an updated kitchen and bathroom, and a laundry room. The second-floor unit is even more spacious, with six bedrooms, two full bathrooms, an updated kitchen, and a laundry room. A fully finished basement with a wet bar and a full bathroom could be used as an additional living space or entertainment area. The heating systems are relatively new, with forced-air furnaces providing heat to the first and second floors and electric baseboards giving heat to the third floor. All the windows are energy-efficient vinyl double-pane windows, which can help save on heating and cooling costs. Lastly, the driveway comes with two off-street parking spaces. BOM - clean home inspection. VA buyer couldn't obtain a letter of good standing of physical fitness to obtain a letter of commitment. The First-floor unit is only available after the accepted offer.
MLS PIN #72769349
May 26, 2021
Sold
$204,609
$69/sq ft
May 11, 2021
Relisted
—
Feb 24, 2021
Listing Removed
—
Dec 3, 2020
Listed
$199,609
$67/sq ft
MLS PIN #72476968
Oct 28, 2019
Sold
$182,000
$61/sq ft
Apr 4, 2019
Listed
$175,000
$59/sq ft
MLS PIN #72182042
Aug 11, 2017
Sold
$60,800
$20/sq ft
Jun 12, 2017
Listed
$63,900
$21/sq ft
Public Records
Apr 15, 2005
Sold
$141,000
$47/sq ft
MLS PIN #30760463
Oct 31, 2003
Sold
$118,000
$40/sq ft
Aug 25, 2003
Listed
$122,900
$41/sq ft
Public Records
Aug 22, 2003
Sold
$78,000
$26/sq ft
Public Records
Mar 24, 1997
Sold
$22,900
$8/sq ft
MLS PIN #30146217
Apr 1, 1997
Sold
$23,900
$8/sq ft
Feb 5, 1997
Listed
$24,900
$8/sq ft
Public Records
Mar 27, 1990
Sold
$94,850
$32/sq ft
Public Records
Dec 17, 1987
Sold
$75,000
$25/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$3,432 (+3.3%)
$21,000 + $180,300
$201,300
2022
$3,322 (+10.8%)
$19,100 + $157,400
$176,500
2021
$2,998 (+0.3%)
$17,400 + $141,200
$158,600
2020
$2,988 (+27.7%)
$17,400 + $135,600
$153,000
2019
$2,340 (+6.4%)
$17,400 + $101,500
$118,900
2018
$2,200 (−0.2%)
$17,400 + $94,400
$111,800
2017
$2,204 (+0.5%)
$13,900 + $98,200
$112,100
2016
$2,192 (+18.7%)
$13,900 + $97,600
$111,500
2015
$1,847 (+5.4%)
$13,900 + $80,000
$93,900
2014
$1,752
$16,300 + $72,600
$88,900
2013
$1,752 (−2.4%)
$16,300 + $72,600
$88,900
2012
$1,795 (−7.6%)
$16,300 + $74,200
$90,500
2011
$1,943
$15,000 + $84,700
$99,700
Public record
Public record
Zoning
Beds
9
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
—
Sq. Ft.
2,973
Year built
1908
Style
Multi-Family (2-4 Unit)
County
Hampden County
APN
2582713
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
Open Parking Spaces: 3
Parking Spaces: 3
Parking Features: Paved Drive
Interior
Bathroom Information
# of Bathrooms (Full): 3
Basement Information
Basement: Full, Partially Finished
Interior Features
# of Rooms (Total): 15
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): 2,973
Foundation Details: Brick/Mortar
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Exterior Features
Roof: Shingle
Property Information
PropertySubType: Multi Family
Above Grade Finished Area: 2973
Levels: 3
Lot Information
Lot Size (Acres): 0.09
Lot Features: Cleared, Gentle Sloping
Financial
Tax Information
Tax Annual Amount: $4,633
Tax Year: 2025
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Power Production Annual: 0
Power Production Annual Status: B
Power Production Monthly Lease Approx: 181
Power Production Size: 0
Power Production Type: B
Power Production Year Install: 2024
Location
Location Information
Directions: South on Eastern Ave
UnparsedAddress: 199 Eastern Ave, Springfield MA 01109
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Laundromat
Public facts
Beds: 9
Baths: 3.0
Sq. Ft.: 2,973
Stories: 2.0
Lot Size: 3,920 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1908
Year Renovated: —
County: Hampden County
APN: 2582713
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
William N. Deberry Elementary School
Public PreK-5 • Assigned • 0.3mi
1/10
STEM Middle Academy
Public 6-8 • Assigned • 1.1mi
3/10
High School Of Commerce
Public 9-12 • Assigned • 0.8mi
2/10
Provided by GreatSchools
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
85/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Springfield. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$434,000 – $526,000
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