Patton Apartments is a 12 unit Project Based Section 8 building. The building just recently received a 5 year renewal on the contract with annual rents increased by 2%. The building currently has a low REAC score and current owner is working through the repair (minor in nature and can provide list to anyone interested). The rents include Heat, HW, and Electric. The HW was recently replaced with 2 brand new on demand Navian systems. Overall the building is a solid brick building featuring 11 - 2 bedroom apartments and 1 - 1 bedroom apartment (2beds @ $1093 and 1bed@ $923). Please contact list agent with any questions. *** OPEN SHOWINGS FRIDAY 10/11 @230***
Multi-familyProperty Type
1900Year Built
4,831 sq ftLot Size
$47Price/Sq.Ft.
Listed by Anthony Nelson• Houser Metro Realty
Bought with Melinda Puzon• MP Signature Realty LLC
"CASH COW" Hud housing. This is the one you need for that positive cash flow. Call and schedule you showing today. A must see for any serious investor.
Public Records
Jun 22, 2007
Sold
$322,360
$21/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$13,621 (−3.7%)
$109,200 + $689,700
$798,900
2022
$14,151 (+2.8%)
$99,600 + $652,300
$751,900
2021
$13,771 (+4.0%)
$99,600 + $629,000
$728,600
2020
$13,245 (+11.9%)
$99,600 + $578,600
$678,200
2019
$11,841 (+24.4%)
$78,000 + $523,700
$601,700
2018
$9,521 (−1.7%)
$78,000 + $405,800
$483,800
2017
$9,688 (+17.2%)
$78,000 + $414,800
$492,800
2016
$8,269 (+3.3%)
$78,000 + $342,600
$420,600
2015
$8,004 (+0.2%)
$78,000 + $328,900
$406,900
2014
$7,992 (+7.8%)
$78,000 + $327,500
$405,500
2013
$7,415 (−0.6%)
$78,000 + $298,200
$376,200
2012
$7,460 (−1.1%)
$78,000 + $298,200
$376,200
2011
$7,545
$90,000 + $297,100
$387,100
Tax history for 54 Patton St
Year
Property tax
Land + Additions
Assessment*
2023
$13,621 (−3.7%)
$109,200 + $689,700
$798,900
2022
$14,151 (+2.8%)
$99,600 + $652,300
$751,900
2021
$13,771 (+4.0%)
$99,600 + $629,000
$728,600
2020
$13,245 (+11.9%)
$99,600 + $578,600
$678,200
2019
$11,841 (+24.4%)
$78,000 + $523,700
$601,700
2018
$9,521 (−1.7%)
$78,000 + $405,800
$483,800
2017
$9,688 (+17.2%)
$78,000 + $414,800
$492,800
2016
$8,269 (+3.3%)
$78,000 + $342,600
$420,600
2015
$8,004 (+0.2%)
$78,000 + $328,900
$406,900
2014
$7,992 (+7.8%)
$78,000 + $327,500
$405,500
2013
$7,415 (−0.6%)
$78,000 + $298,200
$376,200
2012
$7,460 (−1.1%)
$78,000 + $298,200
$376,200
2011
$7,545
$90,000 + $297,100
$387,100
*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
23
Baths
—
Stories
4
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Sq. Ft.
15,400
Year built
1900
Style
Multi-Family (5+ Unit)
County
Hampden County
APN
2600753
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 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
Interior
Bathroom Information
# of Bathrooms (Full): 12
Basement Information
Basement: Full
Interior Features
# of Rooms (Total): 59
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Exterior
Building Information
Building Area (Total): 15,400
Foundation Details: Brick/Mortar
Construction Materials: Brick
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Actual
Exterior Features
Roof: Rubber
Property Information
PropertySubType: 5+ Family - 5+ Units Up/Down
Lot Information
Lot Size (Acres): 0.11
Lot Features: Level
Financial
Tax Information
Tax Annual Amount: $11,841
Tax Year: 2019
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: Common
Location
Location Information
Directions: Main St to Patton St
UnparsedAddress: 54 Patton St, Springfield MA 01104
Community Information
Senior CommunityYN: No
Public facts
Beds: 23
Baths: —
Sq. Ft.: 15,400
Stories: 4.0
Lot Size: 4,792 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Hampden County
APN: 2600753
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
German Gerena Community School
Public PreK-5 • Assigned • 0.8mi
5/10
Springfield Public Day Middle School
Public 6-8 • Assigned • 0.8mi
5/10
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
5/10 Heat Factor
7 days above 99° 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 • 01104
Average low and high temperatures (°F)
32
17
35
18
52
31
62
41
70
50
83
61
87
67
82
61
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.