Here it is, the one you've been waiting for! Incredible income potential with this spacious multi unit home. This 3 family located on a one way street offers: 14 rooms, 8 bedrooms, 3 full baths and is convenient to the highway. First & second floor units are the same layout with eat in kitchen, pantry, full bath, living room and 3 bedrooms. Third floor is very spacious as well and offers a large eat in kitchen, living room and 2 generous size bedrooms. Units also have gas heat, hardwood floors, separate utilities, laundry hook ups in the basement, refrigerators/gas stoves and each has its own private covered porch. Call today to make your appointment to see this home!
Multi-familyProperty Type
1900Year Built
7,770 sq ftLot Size
$153Est. Price/Sq.Ft.
6 spacesParking
Listed by Kimberly Diamond• Real Living Realty Professionals, LLC
Bought with Ivan Karamian• Real Living Realty Professionals
Spacious legal 3-Family in downtown West Springfield on a quiet one way street. Property features an updated roof and windows, hardwood floors, separate utilities and fenced in yard. All units have stoves and refrigerators that will remain for the new owner.
MLS PIN #71440297
Dec 19, 2012
Sold
$183,500
$54/sq ft
Sep 26, 2012
Listed
$189,900
$56/sq ft
+11
This is a well maintained 3 Family home. Roof is new and the porches have been rebuilt. Each unit is spacious, has it's own porch and the rents are currently below market value. 1st and 2nd floor tenants are leaving soon, 3rd floor tenant would like to stay but is on a month to month lease so property could be delivered vacant. All units have stoves and refrigerators that will remain for the new owner. This is a perfect opportunity to own a home and let your tenants pay the mortgage!
MLS PIN #30123553
Dec 13, 1996
Sold
$47,000
$14/sq ft
Aug 22, 1996
Listed
$55,000
$16/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$3,933 (+3.3%)
$85,800 + $167,300
$253,100
2022
$3,806 (+16.6%)
$77,900 + $163,600
$241,500
2021
$3,263 (+0.5%)
$71,600 + $121,500
$193,100
2020
$3,248 (+0.2%)
$71,600 + $119,600
$191,200
2019
$3,243 (−0.5%)
$71,600 + $119,600
$191,200
2018
$3,260
$71,600 + $119,600
$191,200
2017
$3,260 (+1.8%)
$71,600 + $119,600
$191,200
2016
$3,201 (+2.0%)
$68,800 + $119,600
$188,400
2015
$3,138 (+2.5%)
$67,400 + $117,300
$184,700
2014
$3,062 (+1.2%)
$67,400 + $119,200
$186,600
2013
$3,025 (−4.7%)
$56,000 + $128,000
$184,000
2012
$3,174 (+1.6%)
$56,000 + $128,000
$184,000
2011
$3,123
$56,000 + $130,800
$186,800
Tax history for 55 Hanover St
Year
Property tax
Land + Additions
Assessment*
2023
$3,933 (+3.3%)
$85,800 + $167,300
$253,100
2022
$3,806 (+16.6%)
$77,900 + $163,600
$241,500
2021
$3,263 (+0.5%)
$71,600 + $121,500
$193,100
2020
$3,248 (+0.2%)
$71,600 + $119,600
$191,200
2019
$3,243 (−0.5%)
$71,600 + $119,600
$191,200
2018
$3,260
$71,600 + $119,600
$191,200
2017
$3,260 (+1.8%)
$71,600 + $119,600
$191,200
2016
$3,201 (+2.0%)
$68,800 + $119,600
$188,400
2015
$3,138 (+2.5%)
$67,400 + $117,300
$184,700
2014
$3,062 (+1.2%)
$67,400 + $119,200
$186,600
2013
$3,025 (−4.7%)
$56,000 + $128,000
$184,000
2012
$3,174 (+1.6%)
$56,000 + $128,000
$184,000
2011
$3,123
$56,000 + $130,800
$186,800
*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
8
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
7,841 Sq. Ft.
Year renovated
—
Sq. Ft.
2,713
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Hampden County
APN
2659101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
RB
Residence B District
The purpose of the RB District is to provide for residential areas of higher density primarily for single-family and two-family dwellings
Permitted uses
Include but are not limited to:
Agriculture
Livestock production
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Educational/school
Kennel
Cemetery
Property details
Parking
Parking Information
Parking Spaces: 6
Parking Features: Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 3
Interior Features
# of Rooms (Total): 14
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: N
Exterior
Building Information
Building Area (Total): 3,420
Foundation Details: Block, Brick/Mortar
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Color: Green
Exterior Features
Roof: Shingle
Patio And Porch Features: Porch
Property Information
PropertySubType: 3 Family
Lot Information
Lot Size (Acres): 0.18
Lot Features: Level
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $3,248
Tax Year: 2020
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: Off Park Street
UnparsedAddress: 55 Hanover Street, West Springfield MA 01089
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Medical Facility, Highway Access
Public facts
Beds: 8
Baths: 3.0
Sq. Ft.: 2,713
Stories: 3.0
Lot Size: 7,841 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Hampden County
APN: 2659101
Home facts updated by county records on Jul 20, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Philip G Coburn Elementary School
Public PreK-5 • Assigned • 0.1mi
5/10
West Springfield Middle School
Public 6-8 • Assigned • 1.8mi
4/10
West Springfield High School
Public 9-12 • Assigned • 1.4mi
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 98° 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
West Springfield, MA • 01089
Average low and high temperatures (°F)
32
17
35
19
52
31
62
41
70
50
82
60
87
67
82
59
77
55
66
44
52
35
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
$499,000 – $604,000
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