99-103 FederalSpringfield, MA 01105MLS Number 73182661

  • Price: $2,299,000
  • Est. Mortgage of $/month
  • 117 Days on Market
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Federal 30-year interest rate: 6.74% last updated on Mar 14, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Under Agreement
99-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 0110599-103 Federal Springfield MA 01105
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  • 28Bedrooms
  • 0.22Acreage
  • 24Bathrooms
  • 1910Year Built

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Portfolio expansion opportunity is here for you at 99 Federal in Springfield, MA. This building has recently been professionally stabilized. More than 50% of the units have been renovated and freshened up. Tenants are responsible for their own electricity and should they have a gas range, they handle that expense. Building ownership is responsible for the hot water and heat. These efficient systems are separate, both gas powered with the hot water system newly installed beginning of this year. The professional property management company is off site and can continue to management the property once purchased. Although the laundry system is not operable, you can easily bring it back to life. The location of this beautiful building is among many other well maintained complexes with tree lined sidewalks, public transit stops, and convenience within the Springfield Metro center. Be sure to reach out for operational data and to discuss this business opportunity!!
Listed by Patriot Living Group, JR Rodriguez and Stacey Silvia of Lock and Key Realty Inc.

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More Info

Basic Information

  • Contingency Financing
  • Listing Terms Contract
  • Lot Features Cleared, Gentle Sloping, Level
  • Mls StatusUnder Agreement
  • Parcel Number 49970022

Location

  • Address99-103 Federal
  • Building Number99-103
  • CountyHampden
  • StateMA
  • StreetFederal
  • TownSpringfield
  • Zip01105

Exterior

  • Exterior Features Professional Landscaping
  • Fencing Fenced/Enclosed, Fenced
  • RoofRubber

Property Information

  • Building Area Source Public Records
  • Living Area 16,908
  • Lot Size Square Feet 9,764
  • Lot Size Units Acres
  • Square Feet16,908

Tax Information

  • Tax Assessed Value $1,226,800
  • Tax Year 2023
  • Taxes$21,205

Basic Information

  • List Price$2,299,000
  • MLS Number73182661
  • Modification Date03/21/2024
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date02/16/2024
  • Sale Date03/20/2024

Property

  • Acreage0.22

Interior

  • Flooring Vinyl / VCT

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Public Transportation
    • University
    • Walk/Jog Trails
  • Other AmenitiesBasement

Parking

  • Open Parking YN Yes
  • Parking Spaces

Rooms

  • Bathroom24
  • Bathrooms Total Decimal 24
  • Bedrooms28
  • Full Bath24

Building

  • BasementFull, Walk-Out Access, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Brick
  • Door Features Insulated Doors
  • FoundationBrick/Mortar
  • Foundation Area 5621
  • Rooms48
  • Stories5
  • Units24
  • Utilities For Gas Range, For Electric Range
  • Window Features Insulated Windows
  • Year Built1910
  • Year Built Details Renovated Since
  • Year Built Source Public Records

Other

  • Buyer Agency Compensation1.5
  • Date Listed11/26/2023
  • Farm Land Area Units Square Feet
  • View Count6

Springfield, MA Demographics

There is no data available

Springfield, MA Real Estate Market Data

There is no data available

Springfield, MA Schools

School NameDistanceTypeGrades
Union Crossing Realty
Union Crossing Realty
Office: 413-427-2390
420 Union Street
Westfield, MA 01085

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN and its 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.

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