463-471 State St, Springfield, MA 01105


Sale Price

5+ Residential
Type of Comm.
Lot Size
Attention Investors !!! Revenue generating 10 unit package, located in close proximity to the upcoming MGM Casino Site. Property consists of two parcels containing 3 commercial storefronts and 7 residential apartments. Own a piece of history as this is believed to be one of the oldest commercial buildings in Springfield. Perfect for an investor looking for a cash-flowing property or someone who is interested in a historic tax credit project.
Lot Size: 0.14
Sale Price: $487,500
Settled Date: 7/24/2018 12:00:00 AM
List Price: $539,000
Type: Commercial
Type of Comm.: 5+ Residential
Status: Sold
Stories: 4
Buildings: 2
Total Sq. Ft.: 11,047
Year Built: 1835
Approx. GLA: 11,047
MLS#: 72280788
Elevator: No
Easements: No
Lot Size: 0.14
Parking Spaces: 6
Parking Features: 1-10 Spaces, Paved Driveway
Construction: Brick
Railroad Siding: No
Utilities: Public Water, Public Sewer
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $262,400
Condo Assoc.: No
Assessed Land Value: $73,900
Exchange: No
Gross Annual Income: $89,100
Taxes: $7,425
Tax Year: 2018
Lien and Encumbent: No
Book/Page: 000/000
Sublet: No
Special Financing: Unknown
Total Assesed Value: $336,300
Zone Description: Legal Conforming
Retail Sq. Ft.: 3,069
Retail Units: 3
Residential Sq. Ft.: 9,207
Residential Units: 7
Disclosure Declaration: No
For Lease: No
Space Available: For Sale
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The listing office is RR & Company Realty, LLC and the listing agent is Marc Murphy. 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 10/18/2018 3:35:00 AM.
Paul Zingarelli
Paul Zingarelli
Real Estate Specialist