367-369 E Columbus Ave, Springfield, MA 01105
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$400,000
3 Unit
9 Beds
3 Baths
3516 SQFT
0.11 Acre

Property Description

*MULTIPLE OFFERS, HIGHEST/BEST DUE THURSDAY 1/9 @ 5PM* Solid 3 unit multifamily with separate utiilities paid by tenants and several updates in recent years including hot water tanks, updated electrical panels, newer roof and replacement windows. Seller had MassSave audit w/ energy saving blown in insulation completed. 1st floor is vacant, 2nd & 3rd floor units (same floor plan for each unit ) are month-to-month with room for rent increases. Easy access to I-91 and close to downtown Springfield, B-ball Hall of Fame, MGM Casino, Mass Mutual Center & much more. This property will make a profitable addition to your real estate portfolio.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Other (See Remarks), Park, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Pantry
  • Common Appliances: Range, Refrigerator, Wall Oven
  • Common Heating: Electric Baseboard, Oil, Radiant
  • Common Cooling: None

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 44400
  • Net Operating Income: 44400

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Doors, Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1915
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Vinyl
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73319995
  • Last Updated: 01/20/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
01/10/2025Contingent$400,000$114MLSPIN
01/08/2025Active$400,000$114MLSPIN
01/04/2025New$400,000$114MLSPIN

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Seller's Representative: Samantha Andrews - Ascioti, Naples Realty Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-01-20 13:38:00

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