JUST LISTED! Don’t miss this rare opportunity to own a beautifully updated four-family home offering strong rental potential and multiple income streams! This well-maintained multifamily property has been thoughtfully updated throughout and is an excellent opportunity for investors or owner-occupants looking to generate rental income. The property features four separate units, providing the potential for steady cash flow and long-term investment value. The upper two units have been extensively updated with fresh paint, new flooring, and new appliances, giving them a clean and modern feel. The property also offers ample off-street parking in the rear, along with additional street parking. Adding even more flexibility, one unit will be delivered vacant at closing, providing an excellent opportunity for an owner-occupant or an investor looking to select their own tenant. Whether you're an experienced investor or looking to take the first step toward building your real estate portfolio, this four-family property offers an exciting combination of updates, income potential, and flexibility. Schedule your private showing today and discover everything this property has to offer! OPEN HOUSE ON SUNDAY 10/04 AT 11A-1PM.
Multi-familyProperty Type
1922Year Built
5,349 sq ftLot Size
$140Price/Sq.Ft.
6 spacesParking
Listed by Manfred Karori• Berkshire Hathaway HomeServices Realty Professionals
Listed by • Berkshire Hathaway HomeServices Realty Professionals
Upper Hill, located between Downtown Springfield and Forest Park, is a residential and institutional Springfield neighborhood with hillside streets and landmark civic buildings. The neighborhood’s character concentrates around the State Street and Belmont Avenue corridor, where corner markets, takeout counters, and small storefronts line the busier blocks. The Springfield Museums campus and the Dr. Seuss National Memorial Sculpture Garden act as cultural anchors with a strong sense of place. Nearby, Symphony Hall adds a formal note to evenings on the hill. Housing ranges from older multifamily homes to compact apartment buildings, with mature trees and stone retaining walls shaping the streetscape. Views open toward the Connecticut River valley from higher elevations.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Insulated windows
20 total rooms
Full basement
Bathrooms
4 full bathrooms
Flooring
Vinyl flooring
Heating & cooling
4 heating units
Exterior features
Covered porch
Porch
Public road frontage
Paved driveway and paved off-street parking
Home design
4-family
4 stories
4 levels (building)
Parking
6 open parking spaces
Paved drive
Off-street parking
Construction
Frame construction
Block foundation
Shingle roof
Built (per public records, actual/approximate year)
Utilities
Public water
Public sewer
100 amp electric service
Gas for range
Electricity and solar
View estimated energy costs and solar savings for this home
Turn-Key 4 unit with 4 room 2 bedroom 1 bathroom units. Updated plumbing and electric. Lead compliant and All separate utilities and owners panel. 1st floor units have forced air gas furnaces and the second floor units have electric baseboard. 1 unit currently vacant. Large Driveway with Off street Parking in the back.
MLS PIN #71970990
Mar 15, 2016
Sold
$135,000
$36/sq ft
Mar 11, 2016
Listed
$135,000
$36/sq ft
Four Family Recently renovated with good cash flow. Buyer must agree to participate in a Seller 1031 Exchange of real estate.
MLS PIN #71406956
Aug 21, 2012
Sold
$16,000
$4/sq ft
Jul 9, 2012
Listed
$29,900
$8/sq ft
MLS PIN #70902395
Jul 29, 2009
Sold
$22,000
$6/sq ft
Apr 14, 2009
Listed
$30,000
$8/sq ft
MLS PIN #70805684
Nov 14, 2008
Sold
$20,000
$5/sq ft
Aug 12, 2008
Listed
$26,000
$7/sq ft
Public Records
Oct 19, 2006
Sold
$216,000
$57/sq ft
MLS PIN #30746064
Apr 9, 2004
Sold
$119,000
$32/sq ft
Jul 16, 2003
Listed
$129,900
$34/sq ft
Public Records
Apr 25, 2003
Sold
$88,000
$23/sq ft
MLS PIN #30084484
Feb 14, 1997
Sold
$39,700
$11/sq ft
Jan 17, 1996
Listed
$39,900
$11/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$4,927 (−1.1%)
$27,700 + $261,300
$289,000
2022
$4,980 (+15.8%)
$25,800 + $238,800
$264,600
2021
$4,300 (+24.9%)
$18,300 + $209,200
$227,500
2020
$3,443 (−0.8%)
$18,300 + $158,000
$176,300
2019
$3,470
$15,600 + $160,700
$176,300
2018
$3,470 (+12.5%)
$15,100 + $161,200
$176,300
2017
$3,085 (+6.5%)
$14,700 + $142,200
$156,900
2016
$2,898 (+3.3%)
$14,700 + $132,700
$147,400
2015
$2,805 (+13.1%)
$14,700 + $127,900
$142,600
2014
$2,481 (+8.5%)
$23,500 + $102,400
$125,900
2013
$2,286 (−0.6%)
$23,500 + $92,500
$116,000
2012
$2,300 (−4.5%)
$23,500 + $92,500
$116,000
2011
$2,409
$28,700 + $94,900
$123,600
Public record
Public record
Zoning
Beds
8
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,773
Year built
1922
Style
Multi-Family (5+ Unit)
County
Hampden County
APN
2594412
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
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, 16 days in 30 years
6/10 Wind Factor
27% 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 • 01109
Average low and high temperatures (°F)
32
17
35
18
52
31
62
41
70
50
83
61
86
66
83
59
78
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
Redfin Estimate for 64 Marlborough St
$529,819
$81 under list price of $530K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $333K to $550K.