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246 262 Union St

Springfield, MA 01105

65 beds
64 baths
55,280 sqft
~1 acre lot
$101 per sqft
1940 build
– on site

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Welcome to 246-262 Union Street, where an exceptional investment opportunity awaits. Presenting a meticulously maintained 64-unit apartment building. This property promises not only a lucrative return on investment but also a chance to be a part of the thriving real estate market in this vibrant city. The owner has spared no expense in updating many of the units within the building, ensuring modern amenities and comforts for residents. From refreshed interiors to upgraded fixtures, these units offer contemporary living spaces that cater to the needs of tenants. This building consists of (19) studios, (25) 1 bedrooms, and (20) 2 bedroom apartments as well as 18 garage spaces. With its updated units, diverse unit mix, and convenient amenities, this 64-unit apartment building presents an excellent investment opportunity with multiple avenues for revenue generation.

Listing courtesy of MLSPIN / Andrew Rodman / Lock and Key Realty Inc.

Last checked: Checking… • Last updated Jul 20, 2024 •

MLS# 73207066 —

The Building

Year Built:

1940
Year Built Details:

Actual
Year Built Source:

Public Records
Roof:

Rubber
Basement:

Full
Foundation Details:

Block
Window Features:

Insulated Windows
Stories Total:

3
# of Units Total:

64
Building Area Total:

55280
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

99
Flooring:

Vinyl
Fireplace:

false

Room Dimensions

Living Area:

55280

Location

Directions:

School street to Union street
Latitude:

42.102446
Longitude:

-72.581102

The Property

Parcel Number:

S:11750 P:0062
Property Type:

Residential Income
Property Subtype:

5+ Family - 5+ Units Up/Down
Lot Size Units:

Acres
Lot Size Area:

1.13
Lot Size SqFt:

49423
Lot Size Acres:

1.13
Zoning:

R3
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Book Number:

25241
Tax Annual Amount:

77362
Tax Assessed Value:

3404600

Beds

Bedrooms Total:

65

Baths

Total Baths:

64
Total Baths:

64
Full Baths:

64

The Listing

Home Warranty:

false
Sub Agency Relationship Offered:

No

Utilities

Utilities:

for Electric Range
Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

true
Garage Spaces:

18
Parking Total:

4
Parking Features:

Paved Drive
Covered Spaces:

18
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/19/24 Jul 19, 2024	Sold	MLSPIN	$5,600,000	-2.2%
4/3/24 Apr 3, 2024	Pending	MLSPIN	$5,725,000
2/29/24 Feb 29, 2024	Listed / Active	MLSPIN	$5,725,000

Multifamily Sold on 7/19/2024

$5,600,000

Listing provided by broker:

Andrew Rodman

Lock and Key Realty Inc.

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Listing Courtesy of: MLSPIN and Lock and Key Realty Inc..

The property listing data and information 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 MLS Property Information Network, Inc. The property listing data and information 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

246 262 Union St

Springfield, MA 01105