Recently Renovated 6 Unit Income Producing Property with Lead Certificates! Easily one of the best investment properties available now! Fully occupied revenue generating income property that went under a complete top to bottom renovation within the last 8 years. This property is extremely well maintained and features 3 could be 4 bedrooms each unit allowing for upside in rents in the future. Each apartment has its own gas forced air heat unit, separate hot water heaters and electric meters. The building also has a coin operated laundry room. Private off street parking for the convenience of the tenants. Contact me today to schedule a showing
Multi-familyProperty Type
1898Year Built
0.34 acresLot Size
$58Price/Sq.Ft.
10 spacesParking
Listed by Chester Ardolino• Real Living Realty Professionals, LLC
Bought with Melinda Puzon• MP Signature Realty LLC
Six family, 5-4 bed, 1 3-bed, new seperate gas heat, circuit breakers, new bathroom and kitchens, replacement windows, new rubber roof being installed. Rent gross $5,000 a month. Coin laundry $600/mo. New porches.
Year
Property tax
Land + Additions
Assessment*
2023
$9,306 (−1.2%)
$36,700 + $509,100
$545,800
2022
$9,418 (+15.8%)
$34,200 + $466,200
$500,400
2021
$8,131 (+32.2%)
$31,100 + $399,100
$430,200
2020
$6,150 (−0.8%)
$31,100 + $283,800
$314,900
2019
$6,197 (+5.9%)
$32,200 + $282,700
$314,900
2018
$5,853 (+3.4%)
$32,200 + $265,200
$297,400
2017
$5,660 (+5.5%)
$27,400 + $260,500
$287,900
2016
$5,363 (+2.8%)
$27,400 + $245,400
$272,800
2015
$5,216 (+12.5%)
$27,400 + $237,800
$265,200
2014
$4,636 (+8.5%)
$29,400 + $205,800
$235,200
2013
$4,273 (−0.6%)
$34,500 + $182,300
$216,800
2012
$4,299 (−13.0%)
$34,500 + $182,300
$216,800
2011
$4,939
$45,000 + $208,400
$253,400
Tax history for 279-287 Main St
Year
Property tax
Land + Additions
Assessment*
2023
$9,306 (−1.2%)
$36,700 + $509,100
$545,800
2022
$9,418 (+15.8%)
$34,200 + $466,200
$500,400
2021
$8,131 (+32.2%)
$31,100 + $399,100
$430,200
2020
$6,150 (−0.8%)
$31,100 + $283,800
$314,900
2019
$6,197 (+5.9%)
$32,200 + $282,700
$314,900
2018
$5,853 (+3.4%)
$32,200 + $265,200
$297,400
2017
$5,660 (+5.5%)
$27,400 + $260,500
$287,900
2016
$5,363 (+2.8%)
$27,400 + $245,400
$272,800
2015
$5,216 (+12.5%)
$27,400 + $237,800
$265,200
2014
$4,636 (+8.5%)
$29,400 + $205,800
$235,200
2013
$4,273 (−0.6%)
$34,500 + $182,300
$216,800
2012
$4,299 (−13.0%)
$34,500 + $182,300
$216,800
2011
$4,939
$45,000 + $208,400
$253,400
*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
18
Baths
—
Stories
3
Lot width
—
Lot depth
—
Lot size
0.34 Acres
Year renovated
—
Sq. Ft.
9,240
Year built
1898
Style
Multi-Family (5+ Unit)
County
Hampden County
APN
2593666
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 28, 2023.
BUS A
General Business District
Main Street and pedestrian oriented shopping districts with residential allowed.
Permitted uses
Include but are not limited to:
Agriculture
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Other
Park & open space
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 10
Parking Features: Paved Drive, Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 6
Basement Information
Basement: Full
Interior Features
# of Rooms (Total): 36
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #3 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Unit #4 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Exterior
Building Information
Building Area (Total): 8,000
Foundation Details: Brick/Mortar
Construction Materials: Frame
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Actual,Renovated Since
Color: Green
Lead Paint: Certified Treated
Exterior Features
Roof: Rubber
Patio And Porch Features: Porch, Deck - Wood
Property Information
PropertySubType: 5-9 Family
Lot Information
Lot Size (Acres): 0.34
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $6,150
Tax Year: 2020
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers
Heating & Cooling
Heating Units: 6
Location
Location Information
Directions: On Main Street in the Indian Orchard section of Springfield, MA close to the MA Pike
UnparsedAddress: 279-287 Main St, Springfield MA 01151
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
Public facts
Beds: 18
Baths: —
Sq. Ft.: 9,240
Stories: 3.0
Lot Size: 0.34 acres
Style: Multi-Family (5+ Unit)
Year Built: 1898
Year Renovated: —
County: Hampden County
APN: 2593666
Home facts updated by county records on Apr 28, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Indian Orchard Elementary School
Public PreK-5 • Assigned • 0.3mi
5/10
John F Kennedy Middle School
Public 6-8 • Assigned • 0.8mi
4/10
Springfield Public Day High School
Public 9-12 • Assigned • 0.5mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 97° expected this year, 17 days in 30 years
5/10 Wind Factor
26% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Springfield, MA • 01151
Average low and high temperatures (°F)
33
18
36
18
52
31
62
41
70
51
83
60
87
67
83
59
77
55
66
43
52
34
38
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.