Bank owned 2 family with 15 rms, 9 bdrms. All offers must have "Proof of Funds" or "Pre-Approval" letter with a minimum deposit of $1,000. Property is Bank Owned and sold in "as-is/where-is" condition. Seller will not give any credits or do any repairs post inspections. Buyer is to verify all information and the use of property. Utilities will not be turned on by the seller, buyer or buyer’s agent. No utilities to be turned on by buyer, buyer's agent or seller.
Multi-familyProperty Type
1890Year Built
5,966 sq ftLot Size
$123Est. Price/Sq.Ft.
3 garage spacesParking
Listed by Martin Dietter• Marty's Real Estate
Bought with Gina Ocasio• Century 21 Hometown Associates
$1525. PER MONTH INCOME IS GENERATED FROM THIS TWO FAMILY HOME...3BR UNIT - $725., 4BR UNIT - $800 AND $90. PER MONTH FROM THE 3 STALL GARAGE...REPLACEMENT WINDOWS, UPDATED OIL STEAM BOILERS, LEAD CERTIFICATES...ROOF IS OLDER BUT NOT LEAKING.
Public Records
Mar 22, 1988
Sold
$86,000
$30/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$4,101 (+20.9%)
$28,200 + $212,300
$240,500
2022
$3,391 (+1.6%)
$26,400 + $153,800
$180,200
2021
$3,338 (+2.2%)
$24,000 + $152,600
$176,600
2020
$3,265 (+19.6%)
$24,000 + $143,200
$167,200
2019
$2,730 (+16.1%)
$24,000 + $114,700
$138,700
2018
$2,352 (+1.6%)
$24,000 + $95,500
$119,500
2017
$2,316 (+18.6%)
$17,400 + $100,400
$117,800
2016
$1,952 (+1.8%)
$17,400 + $81,900
$99,300
2015
$1,918 (+5.9%)
$17,400 + $80,100
$97,500
2014
$1,811 (+18.7%)
$17,600 + $74,300
$91,900
2013
$1,526 (−8.6%)
$17,600 + $59,800
$77,400
2012
$1,670 (−17.0%)
$17,600 + $66,600
$84,200
2011
$2,011
$24,000 + $79,200
$103,200
Tax history for 588 Chestnut St
Year
Property tax
Land + Additions
Assessment*
2023
$4,101 (+20.9%)
$28,200 + $212,300
$240,500
2022
$3,391 (+1.6%)
$26,400 + $153,800
$180,200
2021
$3,338 (+2.2%)
$24,000 + $152,600
$176,600
2020
$3,265 (+19.6%)
$24,000 + $143,200
$167,200
2019
$2,730 (+16.1%)
$24,000 + $114,700
$138,700
2018
$2,352 (+1.6%)
$24,000 + $95,500
$119,500
2017
$2,316 (+18.6%)
$17,400 + $100,400
$117,800
2016
$1,952 (+1.8%)
$17,400 + $81,900
$99,300
2015
$1,918 (+5.9%)
$17,400 + $80,100
$97,500
2014
$1,811 (+18.7%)
$17,600 + $74,300
$91,900
2013
$1,526 (−8.6%)
$17,600 + $59,800
$77,400
2012
$1,670 (−17.0%)
$17,600 + $66,600
$84,200
2011
$2,011
$24,000 + $79,200
$103,200
*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
7
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
6,098 Sq. Ft.
Year renovated
—
Sq. Ft.
2,695
Year built
1914
Style
Multi-Family (2-4 Unit)
County
Hampden County
APN
2578118
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 Garage
Has Open Parking
# of Garage Spaces: 3
# of Covered Spaces: 3
Parking Spaces: 4
Parking Features: Paved Drive, Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 2
Basement Information
Basement: Full, Concrete
Interior Features
# of Rooms (Total): 15
Flooring: Wood, Vinyl
Interior Features: Living Room, Dining Room, Kitchen
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): 2,846
Foundation Details: Brick/Mortar
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Color: Blue
Exterior Features
Fencing: Fenced
Roof: Shingle
Patio And Porch Features: Porch
Property Information
PropertySubType: Multi Family
Lot Information
Lot Size (Acres): 0.14
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $2,227
Tax Year: 2008
Utilities
Utility Information
Utilities: for Gas Range, for Gas Oven
Sewer: Public Sewer, City/Town Sewer
Water Source: Public, City/Town Water
Electric: Circuit Breakers
Heating & Cooling
Has Heating
Heating: Steam, Oil
Heating Units: 2
Cooling Units: 0
Location
Location Information
Directions: Between Lexington Street and Montmorenci Street
UnparsedAddress: 588 Chestnut Street, Springfield MA 01107
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Sidewalks
Public facts
Beds: 7
Baths: 2.0
Sq. Ft.: 2,695
Stories: 2.0
Lot Size: 6,098 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1914
Year Renovated: —
County: Hampden County
APN: 2578118
Home facts updated by county records on Jul 19, 2023
Other
Miscellaneous Information
Heat Zones: 2
Listing Information
StandardStatus: Closed
Around this home
Schools
Lincoln Elementary School
Public PreK-5 • Assigned • 0.5mi
2/10
Springfield Public Day Middle School
Public 6-8 • Assigned • 0.3mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Springfield, MA • 01107
Average low and high temperatures (°F)
32
18
35
19
52
31
63
41
71
50
83
61
88
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.
9.1 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$334,000 – $404,000
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