Motivated Seller! Excellent opportunity to own this legal, fully vacant three-family property with strong income potential. The first and second-floor units each offer 3 bedrooms and 1.5 baths, while the spacious third-floor unit features 4 bedrooms and 1.5 baths and was previously rented for $2,525 per month. Each unit is separately metered, with tenants responsible for their own gas and electric utilities. Additional features include circuit breaker panels, three gas hot water tanks, updated kitchens, and updated bathrooms. The property will be delivered fully vacant, making it an excellent opportunity for both owner-occupants and investors. Lead compliance documentation is available for all three units. The basement termite damage has been professionally evaluated. The seller is willing to sell the property in its current as-is condition or provide a credit at closing for the repairs.
- Heating System:
- Unit Control, Steam, Individual, Natural Gas
- Basement:
- Full, Bulkhead, Unfinished
- Parking:
- Off Street
- Appliances:
- Range, Refrigerator, Range Hood
- Construction:
- Frame
- Flooring:
- Tile, Laminate, Other, Varies
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Some rooms are virtually staged to show possible furniture layout
- Electric Feature:
- Circuit Breakers, Individually Metered
- Garage Parking
- Interior Features:
- Kitchen, Pantry, Living Room
- Lead Paint:
- Certified Treated
- Rent Fee Includes:
- Unit 1(water), Unit 2(water), Unit 3(water)
- Market Time:
- 26
- Parking Spaces:
- 3
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $116
- Zoning:
- R2
- No Units:
- 3
- Orig Price:
- $480,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Springfield
- State:
- MA
- County:
- Hampden
- Postal Code:
- 01107
- Longitude:
- W73° 24' 3.9''
- Latitude:
- N42° 7' 1.2''
Residential Income
116-118 Massasoit St, Springfield, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $480,000
- Bedrooms :
- 8
- Rooms :
- 16
- Total Bathrooms :
- 4.5
- Full Bathrooms :
- 3
- Half Bathrooms :
- 3
- Square Footage :
- 4,142 Sqft
- Year Built :
- 1912
- Lot Area :
- 0.11 Acre
- Listing ID :
- 73527157
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
