Paul Zingarelli - KELLER WILLIAMS REALTY

238 Maple St, Springfield, MA 01105

So End Central

Multi-Family

$745,000
Price
$685,000
Sale Price

11
Units
14,411
Approx. GLA
Motivated Seller, 11-Multi unit property plus carriage house with potential for remodel and continued growth. Built strong in 1900, will soon overlook the city's new casino! Situated at the high point of Historic Maple Hill! Perfect view of the city and river valley exceptional amenities renters prefer, each unit has it's own charm. The only one of it's kind in the South End Central District. Original etched/carved woodworking throughout the property, beamed ceilings, stained glass windows, hardwood flooring, custom glass cabinets, Eight fireplaces, one brick and seven marble, rounded bay windows, crystal chandeliers, high ceilings, built-in cabinets, brass fixtures, dressing rooms, balconies and 3 car stalls in an unfinished Carriage house. See Ariel video, 1/3Brm, 1/2, 3/1, 6 Studios.
Highlights
Terms: Other (See Remarks), Lender Approval Required
Sale Price: $685,000
Settled Date: 6/26/2017 12:00:00 AM
Area/Village: So End Central
Basement Features: Partial, Crawl, Partially Finished, Walk Out, Interior Access, Dirt Floor, Concrete Floor
List Price: $745,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Sold
Beds: 14
Baths: 12
Half Baths: 1
Units: 11
Year Built: 1900
Approx. GLA: 14,411
MLS#: 71811589
 
 
Interior
Basement: Yes
Electricity Cost: $1,619
Electric Features: 110 Volts, Circuit Breakers, Individually Metered
Heating Units: 1
Heating Zones: 1
Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet, Hardwood, Pine
Energy: Storm Doors
Fireplaces: 8
Hot Water: Oil, Tank
Rooms: 30
Lead Paint: Unknown
Total Floors: 4
UFFI: No
Exterior
Water: No
Facing: East
Acres: 1.60
Lot Size: 69,652.00
Lot Description: Paved Drive, Underground Storage Tank, City View(s), Gentle Slope, Scenic View(s)
Foundation: Concrete Block, Brick
Foundation Size: 0000
Garage Spaces: 3
Parking Spaces: 15
Parking Features: Off-Street, Common, Paved Driveway
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: Yellow
Construction: Brick, Stone/Concrete
Roof Material: Slate
Utility: for Gas Range, for Electric Range, for Gas Oven, for Gas Dryer, for Electric Dryer, Washer Hookup
Exterior: Wood, Shake
Exterior Features: Garden Area, Deck - Roof, City View(s), Porch, Balcony, Gutters, Other (See Remarks)
Water: City/Town Water
Water: City/Town Water
Sewage District: Spfld
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $356,600
Taxes: $8,600
Tax Year: 2017
Book/Page: 9696/108
Warranty Available: Yes
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $117,400
Gross Expenses: $40,000
Total Rent: $9,820
Net Income: $77,400
Heat Cost: $13,000
Insurance Cost: $10,821
Management Cost: $1,200
Refuse Cost: $1,284
R&M Cost: $1,400
Sewer Cost: $1,169
Water Cost: $1,399
Additional
Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Other (See Remarks), Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Exclusions: One tenant has private washer, dryer, stove and refrigerator. All other appliances stay with sale.
Disclosure Declaration: No
Disclosure: Property heats with oil controlled by owner water heats with oil as well. Owner pays for water/sewer and waste disposal. Each apartment is separately metered for gas and electric, cooking ranges are gas with a few electric. Roof is 3 years old, circuit breakers 3 years old, heating system new 2014
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 1 1 1 1 0 No 1 $1,220
Unit 2 5 3 2 1 1 0 No 1 $1,100
Unit 3 4 2 0 3 1 0 No 1 $1,000
Unit 4 3 1 1 2 1 0 No 1 $900
Units Extras
Unit 1
Rent Includes:  Heat, Water, Hot Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Oil  Interior:  Bathroom With Tub & Shower, Box/Bay/Bow Window(s), Wood Flooring, Fireplace - Wood burning  Rooms:  Dining Room, Kitchen 
Unit 2
Rent Includes:  Heat, Water, Hot Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Oil  Interior:  Bathroom With Tub & Shower, Open Floor Plan, Hardwood Floors, Fireplace - Wood burning  Rooms:  Kitchen 
Unit 3
Rent Includes:  Heat, Water, Hot Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Oil  Interior:  Bathroom With Tub & Shower, Hardwood Floors, Crown Molding, Fireplace - Wood burning  Rooms:  Kitchen 
Unit 4
Rent Includes:  Heat, Water, Hot Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Oil  Interior:  Bathroom With Tub & Shower, Hardwood Floors, Pantry  Rooms:  Living Room, Kitchen 
Common
Cooling:  None  Applicances:  Washer, Dryer  Heating:  Oil  Interior:  Wall to Wall Carpet, Picture Window, Cathedral/Vaulted Ceilings  Rooms:  Laundry, Sunroom 
Map
The listing office is Berkshire Hathaway Home Service New England Properties and the listing agent is Shirley Simolari. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 6/18/2018 10:05:00 PM.
 
Paul Zingarelli
Paul Zingarelli
Associate Partner
KELLER WILLIAMS REALTY